The bitcoin mining industry has suffered a bear market lasting over a year. Miners lost the vast majority of their market capitalizations, resulting in companies seeking alternative sources of income, like taking subsidies for modulating municipal power grids, monetizing flared gas, or wholesaling stranded energy contracts. Nonetheless, this year’s 64% rally in bitcoin has certainly buoyed mining stocks. The bull is back. Listen to this article to find out why. For more informed news, follow us on Twitter, Instagram, and Google News or subscribe to our YouTube channel.
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