Bitcoin Mining Stocks Rally as BTC Holds Above $30K Despite Looming Halving Concerns

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets

The shares of Bit Digital , TeraWulf , Hut 8 and CleanSpark rose more than 10%, outpacing their peers such as Marathon Digital , Riot Platforms and Hive Digital that rose between 5% and 9%. The only mining stock that fell, though, was Bitdeer , which was down about 10% at press time.

The moves in mining shares generally outpace other crypto-related stocks as mining digital assets is their primary source of revenue. On Monday, other crypto-related stocks, such as Coinbase and MicroStrategy , were up less than 6%. The mining stocks have outpaced bitcoin's run this year, rebounding from their 2022 slump. The Valkyrie Bitcoin Miners ETF , which tracks the performance of mining stocks, has doubled in price this year, while bitcoin has risen 87%.– also known as the halvening – is slated to take place next year. The event will cut in half the reward for successfully mining a bitcoin block.

Miners are gearing up by either buying more-efficient mining machines or diversifying into alternative sources of income that could help keep them afloat post-halving. In fact, Bit Digital earlier announced that, like many of its peers, it isbusiness, which will earn them enough cash flow to sustain their mining business, regardless of where the market is headed.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 291. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

US Stocks Stage Big Rally, Erase 600 Point Drop in DowWall Street staged a swift, last-minute turnaround Thursday that rescued stocks from a steep dive and put the market on track to end a topsy-turvy, volatile…
ソース: NBCNewYork - 🏆 270. / 63 続きを読む »

Market Momentum Mapped Through Bitcoin Spark, Chia, and Bitcoin Gold’s Growth GuideCrypto Blog
ソース: Crypto_Potato - 🏆 568. / 51 続きを読む »