Data: Only 7 of the 25 listed mining companies will achieve positive returns by the end of 2024
Internet reports that as of December 24, Bitcoin will rise by 113% in 2024. According to data from the hash rate index and Google Finance, the share prices of most listed mining companies are on a downward trend at the end of 2024, with a drop of as much as 84%. Of the 25 listed mining companies in the index, only 7 achieved positive returns. As of press time, Bitdeer (BTDR) was up 167%, Cipher (CIFR) was up 33%, Hut 8 (HUT) was up 91%, Iris Energy (IREN) was up 72%, Northern Data (NB2) was up 58%, Core Scientific (CORZQ) was up 327%, and TeraWulf (WULF) was up 169%. On the other hand, Argo Blockchain (ARB) fell 84%, followed by Sphere 3D (ANY), which fell 69%, to name a few. Bitcoin miners 'cumulative income exceeds US$71 billion. According to Blockchain.com, miners 'income on December 22 was $42 million, compared with a peak in April of more than $100 million.
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