{"id":17596,"date":"2025-03-13T13:46:40","date_gmt":"2025-03-13T13:46:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17596"},"modified":"2025-03-13T13:46:40","modified_gmt":"2025-03-13T13:46:40","slug":"bitcoin-miners-ride-the-btc-boom-but-costs-tell-a-different-story-jpmorgan-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17596","title":{"rendered":"Bitcoin Miners Ride The BTC Boom, But Costs Tell A Different Story: JPMorgan Analyst"},"content":{"rendered":"
\n

Bitcoin<\/strong> (CRYPTO: BTC<\/a>) miners just had one of their best quarters on record, but the real winners aren’t just those mining<\/a> the most coins \u2013 it’s those keeping costs in check.<\/p>\n

JPMorgan analyst Reginald L. Smith breaks down the latest trends in the sector, upgrading IREN Ltd<\/strong> (NASDAQ:IREN<\/a>) to Overweight while moving Cipher Mining Inc<\/strong> (NASDAQ:CIFR<\/a>) to Neutral.<\/p>\n

A Record Quarter, But Who Benefited Most?<\/h2>\n

The fourth quarter saw four of the five major publicly traded bitcoin miners \u2013 Cipher, CleanSpark Inc<\/strong> (NASDAQ:CLSK<\/a>), IREN, MARA Holdings Inc (NASDAQ:MARA<\/a>) and Riot Platforms Inc<\/strong> (NASDAQ:RIOT<\/a>) \u2013 report record revenues and profits, largely thanks to Bitcoin’s price surge. <\/p>\n

MARA led the pack in total coins mined (2,514 BTC), but IREN stole the show with a 65% increase in production quarter-over-quarter, bringing in 1,347 BTC.<\/p>\n

Read Also: Trump-Appointed SEC Chair Could Fast-Track Crypto ETF Approvals: XRP, Solana, Dogecoin ETFs Coming By June?<\/a><\/strong><\/p>\n

Full story available on Benzinga.com<\/a><\/h2>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (CRYPTO: BTC) miners just had one of their best quarters on record, but the real winners aren’t just those mining the most coins \u2013 it’s those keeping costs in check. JPMorgan analyst Reginald L. Smith breaks down the latest trends in the sector, upgrading IREN Ltd (NASDAQ:IREN) to Overweight while moving Cipher Mining Inc […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17596","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17596"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17596\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}