Bitcoin Miner Stocks Surge Amidst Banking Meltdown

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Bitcoin mining equities (and bitcoin) are surging as the banking sector tumbles. $HUT $CIFR $SDIG egreechee reports

The miners are moving in step with bitcoin , which is higher by 17% over the past 24 hours to $24,100.

Miners saw their share value increase by an average of 11% on March 13, along with the price of bitcoin. "I’m actually surprised [the miners] didn’t get pumped more," said Wolfie Zhao, head of research at TheMinerMag."Many even didn’t surge more than bitcoin." The extent of the mining sector's exposure to crypto-friendly Signature Bank is unclear. Marathon Digital Holdings on Monday said it

to $142 million in deposits the now shuttered lender. CleanSpark , Bitfarms and Argo Blockchain said on Monday they have no exposure to either Signature or the other collapsed banks, Silvergate and SVB.Read more:

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egreechee It is apparent people are becoming more aware of the Web3 options that are available to them. The steps towards a utopic future will stem from creating tools and informational media that will allow more people to recognize the core values behind the space.

egreechee Marciano conecta tus máquinas de mineria MARCIANOPHONE

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