Public Bitcoin miners rallied hard in pockets throughout the aummer, but the sector still trails BTC on a year-to-date basis.
High betas, low correlations: miners break from Bitcoin patterns
Despite explosive short-term rallies, most miners carry drawdowns far deeper than BTC.
3 min read
Updated: Aug. 19, 2025 at 12:07 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Public Bitcoin miners rallied hard in pockets throughout the aummer, but the sector still trails BTC on a year-to-date basis.
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
MARA
MARA, formerly known as Marathon Digital Holdings, is reshaping the future of Bitcoin mining with a bold new vision that prioritizes decentralization, transparency, and energy efficiency.
Riot Platforms
Riot Platforms is a bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding industrial-scale mining focused in the United States.
Iris Energy
Iris Energy is a sustainable Bitcoin miner that owns and operates real assets, including data centre infrastructure, powered by renewable energy.
Hut 8
Hut 8 is a digital asset miner with two digital asset mining sites located in Southern Alberta and a third site in North Bay, Ontario, Canada.
CleanSpark
CleanSpark (NASDAQ: CLSK) is a sustainable bitcoin mining and energy technology company that is incorporated in Nevada.
Cipher Mining
Cipher Mining is an industrial-scale Bitcoin mining company dedicated to expanding and strengthening the Bitcoin network’s critical infrastructure in the United States.
