Wednesday, March 29, 2023
Bitcoin - Altcoin News
No Result
View All Result
  • Login
No Result
View All Result
Bitcoin News
No Result
View All Result
Home News cryptocurrency mining

Top Crypto Mining Stocks To Buy In 2023

news by news
January 17, 2023
in cryptocurrency mining, Marathon Digital Holdings, News, Riot Blockchain
0
Top Crypto Mining Stocks To Buy In 2023
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

READ ALSO

Ripple Lawsuit Pending Verdict Fueling XRP Price?

Breaking: Ex-FTX CEO SBF Using Alameda Money For Legal Defense: Forbes

Top Crypto Mining Stocks To Buy In 2023

Crypto mining stocks are recording their best monthly performance as Bitcoin price continues to break higher. The BTC price has rallied nearly 30% since the start of the year, causing a rebound in the broader crypto market.

After facing challenges including debt and high-energy prices for almost a year, crypto mining stocks are finally witnessing a respite from these worries. Here are the top 5 crypto mining stocks to buy in 2023.

1. Marathon Digital Holdings (MARA)

Las Vegas, Nevada-headquartered Marathon Digital Holdings produced 475 BTC in December and 1,562 BTC in Q4. Also, the crypto mining firm was able to produce 4,144 BTC in 2022 despite the crypto winter. The company finished the year with $103.7 million in cash on hand, increasing unrestricted bitcoin holdings from 4,200 BTC as of November 30 to 7,815 BTC.

MARA stock price soared over 100% in a month, with a 65% jump coming in just the last 5 days. At the time of writing, the price trades at $8.28 on Nasdaq, up over 4%.

Marathon Digital
Marathon Digital (MARA) Price. Source: Google Finance

2. HIVE Blockchain Technologies (HIVE)

Vancouver, Canada-headquartered HIVE Blockchain Technologies produced 4,752 BTC in 2022, an 8% increase from 2021. The crypto mining firm holds 2,348 BTC, with a market value of $38 million. HIVE strategically sold BTC to fund expansions in Q4.

HIVE stock price jumped 83.48% in a month, with a 51% rally coming in the last 5 days. At the time of writing, the price trades at $3.23 on Nasdaq, up over 3%.

HIVE Blockchain
HIVE Blockchain (HIVE) Price. Source: Google Finance

3. Riot Platforms (RIOT)

Colorado-headquartered bitcoin mining firm Riot Platforms produced 659 BTC in December. Riot’s bitcoin holdings increased to approximately 6,952 BTC, all produced by the company’s self-mining operations. During the crypto winter, the company sold 600 BTC, generating net proceeds of approximately $10.2 million.

RIOT stock price jumped over 50% in a month, with a 23.35% rally coming in the last 5 days. At the time of writing, the price trades at $5.97 on Nasdaq.

Riot Platforms
Riot Platforms (RIOT) Price. Source: Google Finance

4. Bitfarms (BITF)

Toronto, Canada-based crypto mining company Bitfarms mined 496 BTC in December. The firms produced almost 5,167 in 2022, up 50% over 2021.

BITF stock price has increased by over 138% in a month. In the last 5 days, the BITF price has rallied more than 60%. At the time of writing, the price trades at $1.10 on Nasdaq, up almost 3%.

Bitfarms
Bitfarms (BITF) Price. Source: Google Finance

5. Hut 8 Mining (HUT)

Toronto, Canada-headquartered Hut 8 Mining produced 161 BTC in December and 3,568 BTC total mined throughout 2022. The company has 9,086 BTC in reserves and 100% of bitcoins are deposited into custody.

HUT stock price has increased by nearly 100% in a month. In the last week, the HUT price recorded the most rally of 59.72%. At the time of writing, the price trades at $1.72 on Nasdaq, up almost 10%.

Hut Mining
Hut Mining (HUT) Price. Source: Google Finance

The post Top Crypto Mining Stocks To Buy In 2023 appeared first on CoinGape.

Related Posts

Ripple Lawsuit Pending Verdict Fueling XRP Price?
24/7 Cryptocurrency News

Ripple Lawsuit Pending Verdict Fueling XRP Price?

March 29, 2023
Breaking: Ex-FTX CEO SBF Using Alameda Money For Legal Defense: Forbes
24/7 Cryptocurrency News

Breaking: Ex-FTX CEO SBF Using Alameda Money For Legal Defense: Forbes

March 29, 2023
Breaking: Australia Introduces Crypto Market Regulation Bill In Parliament
24/7 Cryptocurrency News

Breaking: Australia Introduces Crypto Market Regulation Bill In Parliament

March 29, 2023
Bitcoin Price Reclaims $28,500 Amid Binance FUD, Here’s Why
24/7 Cryptocurrency News

Bitcoin Price Reclaims $28,500 Amid Binance FUD, Here’s Why

March 29, 2023
XRP Price Spikes By 18%, Breaches $0.56 level; What’s Happening?
24/7 Cryptocurrency News

XRP Price Spikes By 18%, Breaches $0.56 level; What’s Happening?

March 29, 2023
Breaking: Do Kwon To Appeal Passport Forgery Case In Supreme Court, Delaying Extradition
24/7 Cryptocurrency News

Breaking: Do Kwon To Appeal Passport Forgery Case In Supreme Court, Delaying Extradition

March 29, 2023
Next Post
Crypto Fraudster Charged In $4.5 Bn Bitcoin Theft Lands New Marketing Job

Crypto Fraudster Charged In $4.5 Bn Bitcoin Theft Lands New Marketing Job

POPULAR NEWS

Bitcoin Price Prediction: On-Chain Data And Analysts Predict More Upside For BTC

Bitcoin Price Prediction: On-Chain Data And Analysts Predict More Upside For BTC

December 7, 2022
Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

December 7, 2022
Donald Trump’s NFT Trading Cards Pump 350% In Value Upon Launch

Donald Trump’s NFT Trading Cards Pump 350% In Value Upon Launch

December 17, 2022
Bitcoin Price Today: BTC Rises By Nearly 2% While BlockFi Files For Bankruptcy

Bitcoin Price Today: BTC Rises By Nearly 2% While BlockFi Files For Bankruptcy

December 7, 2022
Breaking: “Guilty” FTX Executive Will Now Cooperate Against SBF In Probe

Breaking: “Guilty” FTX Executive Will Now Cooperate Against SBF In Probe

February 28, 2023

EDITOR'S PICK

Dogecoin Price Surge In Sight? Dormant DOGE Whale Wakes Up From Dead

Dogecoin Price Surge In Sight? Dormant DOGE Whale Wakes Up From Dead

February 17, 2023
Cryptocurrency Market News Highlights 16 Feb: Bitcoin breaches the 24k mark!

Cryptocurrency Market News Highlights 16 Feb: Bitcoin breaches the 24k mark!

February 16, 2023
Cardano Defies Broader Market Correction With ADA Whale Accumulation

Cardano Defies Broader Market Correction With ADA Whale Accumulation

January 6, 2023
US Judge Rules Against NBA Top Shot; What Does It Mean For NFTs?

US Judge Rules Against NBA Top Shot; What Does It Mean For NFTs?

February 25, 2023
Bitcoin - Altcoin News

© 2022 coingger.com

Navigate Site

  • Europe
  • Exchange
  • Elon Musk
  • ETH Price
  • crypto Tax U.S.
  • CZ
  • Crypto Miners
  • BTC Price
  • ChatGPT
  • China crypto
  • Coingecko
  • Binance Smart Chain
  • Bitcoin $100K
  • Airdrop

Follow Us

No Result
View All Result
  • Homepages
    • Home Page 1

© 2022 coingger.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In