8 of the top 30 Bitcoin miners have market caps exceeding $1 billion

According to the latest data from Farside, among the top 30 Bitcoin miners, 8 have a market value of over 1 billion US dollars. Marathon Digital Holdings leads the way with a market value of 5.5 billion US dollars, followed closely by Cleanspark at 3.6 billion US dollars and Riot at 2.9 billion US dollars. Other miners include IREN and Core Scientific (both valued at 1.5 billion US dollars), Northern Data (1.4 billion US dollars), Cipher Mining (1.3 billion US dollars), and Terawulf (1 billion US dollars). The valuations of Bitfarms, Hut 8, and Bitdeer Technologies are also approaching the 1 billion US dollar mark. The total market value of these 30 miners is 23 billion US dollars.