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What Will It Take for Bitcoin Mining Companies to Survive in 2023?

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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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