Publicly-Traded Bitcoin Miners Holdings, Hash Rates Going Up And To The Right

2 years ago

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January was yet different affirmative “up and to the right” benignant of period for the apical publicly-traded miners crossed their bitcoin holdings and their hash rate. This radical of 8 miners present clasp 36,159 bitcoin, up 12.35% from December 2021. In the charts below, we cod reported figures from institution financials, monthly accumulation updates, capitalist presentations, and property releases erstwhile available. 

January erstwhile  again saw the bitcoin holdings and hash rates of publicly-traded bitcoin miners spell  “up and to the right.”

The bitcoin holdings of the starring publicly-listed bitcoin mining companies.

Like bitcoin holdings, hash complaint capableness continues to turn crossed each miners. The largest month-over-month alteration successful hash complaint came from Core Scientific expanding to 7.5 EH/s from 6.6 EH/s successful December. Current hash complaint is 2.84x from the 2.64 EH/s they had successful October 2021. They present pb nationalist bitcoin miners successful hash complaint capacity.

That hash complaint comprises a 75,000-machine fleet of top-tier ASICs that produced implicit 1,000 bitcoin for the month. In 2022, Core Scientific has astir 90,000 much machines nether declaration for delivery.

Trading nether the ticker, $CORZ, Core Scientific went nationalist past period connected the Nasdaq. It presently has a marketplace capitalization of $3.6 cardinal which makes it the largest nationalist miner connected the market. Marathon’s marketplace capitalization is presently $2.84 billion. As astir mining stocks are, Core Scientific is highly correlated with bitcoin with a 14-day rolling correlation coefficient of 0.74.

January erstwhile  again saw the bitcoin holdings and hash rates of publicly-traded bitcoin miners spell  “up and to the right.”

The hash rates, measured by exahashes per second, of the apical publicly-traded bitcoin miners.

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