The result of the tempest shows up in the stock prices of the five biggest public miners by hashrate. In 2022, Core Scientific ($CORZ), Riot Blockchain ($RIOT), Bitfarms ($BITF), Iris Energy ($IREN), and CleanSpark ($CLSK) traded down 99%, 85%, 91%, 92% and 79%, respectively.
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- Source: https://www.coindesk.com/markets/2023/01/01/what-will-it-take-for-bitcoin-mining-companies-to-survive-in-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines