Bitcoin miner share prices soar in January 2023

Quick Take

  • CryptoSlate has previously analyzed 9 of the top Bitcoin mining companies in terms of the evolution of Bitcoin holdings in 2022.
  • 2021 was an unfriendly year for Bitcoin miners, to put it mildly, as share prices plummeted over 55% and, in some cases, over 90%.
  • However, 2023 has seen miner profitability tick up once again with the resurgence in Bitcoin price.
  • Furthermore, miner revenue per exahash is a metric for estimating daily miner incomes relative to their estimated contribution to network hash-power, which went to all-time lows at the back end of 2022 to show how miners struggled.

Miners performance year-to-date:

  • CORZQ: +376.19%
  • HUT: +136.06%
  • BITF: +131.10%
  • HIVE: +126.14%
  • BTBT: +122.22%
  • MARA: +112.06%
  • CLSK: +57.71%
  • ARGO: +4.52%
Miner share price: (Source: Trading View)
Miner share price: (Source: Trading View)
Miner hash price: (Source: Trading View)
Miner hash price: (Source: Trading View)

The post Bitcoin miner share prices soar in January 2023 appeared first on CryptoSlate.

Source: https://cryptoslate.com/insights/bitcoin-miner-share-prices-soar-in-january-2023/