Based on data from Hashrate Index, public mining companies have suffered losses in 2024 despite Bitcoin reaching new all-time highs. Out of the 25 publicly traded miners, 17 companies were in the red as of December 25. However, MicroStrategy and TeraWulf were exceptions with positive stock performance. The overall HI Crypto Mining Stock Index saw gains throughout the year. BTC mining activity remains strong with a high hashrate and difficulty level. Foundry USA is the largest mining pool, followed by Antpool and ViaBTC.
- Content Editor ( cryptopolitan.com )
- 2024-12-25
Bitcoin ends the year with gains, but mining stocks are deeply in the red