Pure game bitcoin The mining actions are awakening from their dream after delaying behind those who turn to the business center in red alive.
Pure game miners like Mara Holdings (Mara) and cleaning (CLSK) It increased 10% and 17% on Thursday, which brought the profits between the members of the Bitcoin Coinshares mining ETF.
There are two key factors that may be conducting acute profits.
The first is the idea that investors could be first -line expectations of a strong end of the year for Bitcoin, a period that has historically delivered some of its most upward returns. BTC is rising around $ 118,000 after the reduction of the Federal Reserve interest rate, 2.2% on Thursday and quoting only 5% below its historical maximum.
With the improvement of feelings, miners with a significant BTC stash in the balance can take advantage of Bitcoin’s moves in the possible concentration of new records. Mara and Cleanspark are still the largest BTC holders in the sector with 52,477 ($ 6.2 billion) and 12,703 ($ 1.5 billion) Tokens, respectively. Strategy (Mstr)The largest corporate owner in BTC, has also increased by 7% today.
The second driver could be investors that rotate the profits of the shares in high performance computing (HPC) and artificial intelligence (AI)They have enjoyed higher profits in recent months. Energy I will (Iren)Encryption mining (Encryption)and bitfarms (Bitf) Everything has increased, with a bits grains up to 150% alone in September, Iren won more than 600% since April and CIF progress 500% during the same period. However, to reinforce the rotation thesis, CIFF has dropped 7% and Iren has decreased 4% on Thursday.
