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Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs

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Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs

Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading stretch much lower. MARA Holdings rose 16.1% and came closest to BTC, while Cipher Digital fell 14.8%, TeraWulf lost 11.2%, Hut 8 dropped 8.1%, and IREN declined 6.8%. The stocks still sold as […] The post Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs appeared first on CryptoSlate.

Key Takeaways

  1. Bitcoin gained 21.5% from the Aug.
  2. 17 close through Aug.
  3. 21, yet six of seven large US-listed miners finished the same trading stretch much lower.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.