Quick Take
So far, 2023 has been a great year for Bitcoin miners as the hash rate and price has surged. As a result, share prices have soared YTD;
- Iris Energy Limited: 270%
- Bitfarms Ltd: 170%
- Hut 8: 158%
- Bit Digital Inc.: 138%
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Marathon Digital Holdings Inc: 139%
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HIVE Blockchain Technologies Ltd: 133%
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Riot Platforms Inc: 105%
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Stronghold Digital Mining Inc: 72%
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CleanSpark Inc: 51%
- BTCUSD: 50%
Hash Rate extends all-time high
- Bitcoin hash rate also continues to make new all-time highs, surpassing 312 TH/s as of Feb. 16.
- While seeing back-to-back positive adjustments, 37% up on Feb. 14, and 16% up on Feb. 15.
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