Bitcoin Price Hits Miner Profitability – Bitcoin Magazine

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Public bitcoin mining companies have been an unusually prominent fixture of the crypto market for the past couple of years as investors, media and regulators observe their financial growth and operational expansions. While share prices for nearly all of these companies significantly outperformed bitcoin during the latest bullish market trend, the opposite effect is clearly in play now as public miners try to weather the on-going bear cycle. In fact, none of these companies have managed to outperform bitcoin so far in 2022.

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