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%
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