Bitcoin24h $62,772.63-0.48%

Ethereum24h $1,873.19-0.52%

BNB24h $603.46-0.91%

XRP24h $0.9938-1.03%

Solana24h $74.31-1.64%

TRON24h $0.3310-0.03%

Hyperliquid24h $57.18+0.32%

Dogecoin24h $0.0695-0.49%

UNUS SED LEO24h $9.33+4.42%

Zcash24h $486.16-0.59%

Bitcoin mining industry outpaces the gains of bitcoin itself

With the price of bitcoin up 64% year-to-date, valuations for Bitcoin mining industry companies have more than doubled.

Sentiment turns from bear to bull for Bitcoin miners in 2023

Dismal sentiment from 2022 is turning slightly positive for Bitcoin miners, with all publicly traded companies rallying this year.

Bitcoin mining in Niagara Falls has caused so much noise pollution that locals can hardly sleep. Companies could face legal action.

Core holds 24 bitcoin and $26.6M in cash but has more than $1B in outstanding liabilities, including an $80M loan from BlockFi.