CleanSpark, Hut 8 Stocks Lead Bitcoin Miner Rally as Markets Bounce Back

CleanSpark, Hut 8 Stocks Lead Bitcoin Miner Rally as Markets Bounce Back

“With the plummeting bitcoin price, the profitability of these companies will continue to be under pressure,” said Jaran Mellerud, an analyst at Arcane Research. However, he added, the larger miners – with lower operating costs than the industry average – should be able to see themselves through the valley of this bear market.

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