Bitcoin Mining Stocks Outperform Cryptocurrency in Early 2025
- 12 out of 14 Bitcoin mining companies outperformed Bitcoin in the first two weeks of the year.
- The network hashrate increased by 2% month-to-date, reaching an average of 793 EH/s.
- Miners earned approximately $54,900 in daily block reward revenue per EH/s in early January.
- The total market cap of tracked mining stocks rose by $4.5 billion or 16% in two weeks.
- Riot Platforms saw a notable increase of 32%, while Bitdeer declined by 4%.
The network hashrate, a measure of computational power for mining, rose to an average of 793 EH/s, while Riot Platforms achieved a significant gain of 32% among Bitcoin mining stocks.
Source (2.6)https://www.coindesk.com/markets/2025/01/17/bitcoin-miners-have-started-2025-on-a-strong-footing-jp-morgan-says?rand=52298
