Bitcoin mining stocks MARA, CleanSpark rise as network difficulty eases
Multiple Bitcoin mining stocks are ending the week in the green as Friday markets opened, as network difficulty and Bitcoin price put a light breeze behind ailing Bitcoin mining revenues. Network difficulty is down nearly 7% since the beginning of November, pushing a miners towards more profitable levels, per Hashrate Index data. MARA (Nasdaq: MARA) gained 11.97% on the week, followed by CleanSpark’s (Nasdaq: CLSK) 11.75%, and Core Scientific’s (Nasdaq: CORZ) 5.56%, and Hut 8’s (Nasdaq: HUT) 1.04%. On the ...