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Author: Admin | 2025-04-28
If you’d like to stake a claim in the world of crypto during this bear market — but don’t want to learn how to use a crypto exchange, manage cold wallet storage or otherwise worry about your investment — bitcoin mining stocks could be the answer.Investing in publicly held companies that mine bitcoin offer exposure into the world of crypto without many of the risks related to holding crypto, which is a deregulated, decentralized asset.On the other hand, bitcoin mining stocks are regulated by the Securities and Exchange Commission, traded easily on public exchanges through brokers or investment apps, and work just like any other stock.Are Bitcoin Mining Stocks a Good Investment?Right now, the best bitcoin mining stocks are down from their highs of last year. That means it’s important to evaluate the company’s fundamentals and do your best to determine the true value of the mining company before investing. When the crypto winter ends, these companies will be well-poised to profit as the value of the assets they are mining rise.CanaanCanaan is rated as one of the best performing crypto mining stocks in recent months, showing the fewest losses during the crypto winter. A strong quarterly earnings report in the second quarter of 2022, coupled with it expertise in ASIC chips and the fact that its bitcoin mining technology was one of the first to market gives it an advantage.Bitfarms Ltd.Bitfarms Ltd., founded in 2017 now has 50,000 miners in its operation with 9 farms across 4 countries. The company’s farms run on low-cost, hydro-electric energy — an advantage in an industry that’s been criticized for its lack of sustainability. Its proprietary software and innovative management team promises global expansion for the company, which could make it one of the best bitcoin mining stocks to invest in today. Bitfarms also ranked as one of the best performing mining stocks, with the smallest declines in 2022. Riot BlockchainRiot Blockchain stock is currently on the rise, following a report on the quantity of bitcoin mined in August, which was down 15% from this time last year, but up from July 2022. With great potential in front of it, several analysts consider Riot undervalued right now.HIVE Blockchain TechnologiesLike Bitfarms Ltd., HIVE Blockchain Technologies uses green energy to mine bitcoin and ethereum. The company was the first publicly traded crypto mining company. According to Zacks data, HIVE may be significantly undervalued right now.
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