How have bitcoin miners performed in the past year?

Considering the price of bitcoin has climbed by over 500% from under $10,000 back in October 2020 to a current price near $60,000, the performance of bitcoin miners has been even more impressive. From the group above, the average stock has returned about 1,400% since October and even more over the past year.

Who is the biggest winner in bitcoin mining?

Marathon Digital has been the biggest winner as the stock is up by over 2,760% in the last 6-months. The U.S.-based company has taken an aggressive expansion approach by announcing the largest investment towards bitcoin mining machines among any publicly traded miners.

Are bitcoin miners making less money?

With Bitcoin’s price down 20% since news of FTX’s financial troubles began circulating on November 6, bitcoin miners now are earning less revenue than ever before.

Are cryptocurrency mining companies listed on the stock market?

There were no cryptocurrency mining outfits listed on the stock market during the 2017 bull run in Bitcoin prices. This time around, the situation is different. In the past month alone, stock prices for bitcoin mining companies Riot Blockchain, Inc. ( RIOT) and Marathon Patent Group, Inc. ( MARA) have shot up by 145% and 332%, respectively.