โWith the plummeting bitcoin price, the profitability of these companies will continue to be under pressure,โ said Jaran Mellerud, an analyst at Arcane Research. However, he added, the larger miners โ with lower operating costs than the industry average โ should be able to see themselves through the valley of this bear market.
CleanSpark, Hut 8 Stocks Lead Bitcoin Miner Rally as Markets Bounce Back
