From Investing.com: 2024-05-13 07:24:13

Cryptocurrency miners are benefiting from stable Bitcoin prices, hovering between high $50,000s and low $60,000s. Current situation favorable after fourth halving on April 20, easing competitive pressures and enabling profitability. Hash rate dropped 10%, resulting in longer block times. Top miners like CleanSpark and Riot Platforms expanding operations and expected to control 6% of network by 2025.

Read more at Investing.com: Steady bitcoin prices benefit crypto miners, says Bernstein By Investing.com