Browsing: Bitcoin mining stocks

Bitcoin mining stocks have been under significant pressure recently, with major players like IREN and CleanSpark seeing substantial declines amid a broader downturn in the crypto market.Following a drastic 9% drop in total market value, these crypto mining companies reported earnings that fell short of Wall Street’s expectations, exacerbating the situation.

The excitement surrounding artificial intelligence (AI) and high-performance computing (HPC) has sparked a notable pre-market rally in Bitcoin mining stocks.…