Public Bitcoin miners’ hash rate is booming — But is it actually bearish for BTC price?
Efforts to keep Bitcoin mining operations afloat may end up pushing the spot BTC price even lower.
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Here’s why Bitcoin mining stocks have been outperforming BTC price in 2021
One of the crypto mining stocks delivered more than 1,600% returns year-over-year (YoY) while Bitcoin's gains in the same period came out to be around 290%.