Bitcoin mining boom of 2023

What a difference a year makes

Dear Reader, Today is day 209 of 2023. What a year it's been for crypto.  Let's see… Bitcoin is up 76% YTD. Ethereum is up 57% YTD. Select altcoins (XRP, BCH, etc.) are also up. Some as high as 100% YTD.  A few "alternative" crypto investments are kickin' it too. Like Bitcoin mining companies.  What a contrast to last year's massacre! Remember? Bitcoin took a big nosedive. Mining company profits fell from the sky. Some companies were losing their loot by… mining.  That's when the bankruptcies, sell-offs, and shuttering started.   Well, a year can make a big difference.  Today, Bitcoin miners are once again swimming in profits.  A few mining stocks have taken off to astronomical highs. Like Core Scientific — up 1,250% YTD.  Bitcoin mining is credited with making it possible for Blackrock's BTC ETF. New Bitcoin mining facilities are opening in South America. Despite economic sanctions, Bitcoin mining is booming in Russia.  Thanks to all these positive events… Cointelegraph Markets Pro keeps alerting users to new opportunities.  Regards, Russell DeCorte Director Markets Pro © 2023 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2023 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro 21 W 46th St New York, NY 10036-4119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.