"Wow that's the best, who here has bought one of these BTC mining shares raise your hand."
Apple stock price which announced the headset Vision Pro in June 2023 witnessed a 55% hike on last year while shares Amazon generates 79% when the AWS division pushes a focused product artificial intelligence (AI).
Even so, both stocks failed to make it into the top ten by 2023 annual returns but shares mining currency crypto Bitcoin (BTC) can belong to the successful technology industry stocks.
This is because mainstream investors' interest in digital assets is increasing, therefore the list below is available four BTC mining stocks that are outperforming almost the entire market.
- Cipher Mining (CIFR) be at third position for the whole year after gaining 1,042% in 12 months
- Digital Marathon (MARA) which is in fourth position has a return on investment (ROI) of about 783%
- CleanSpark (CLSK) up 500% on seventh position on Wall Street
- Riot Blockchain (RIOT) in position ten where has a one year profit of over 430%
Pleased to note that the firms that outpaced BTC price gains of nearly 157% in 2023 have shown that there is strong demand by more traditional investors to get crypto exposure into their portfolios.
Another factor supporting the rise in BTC mining stock price in 2023 is the high transaction fees following rising prices and continued demand for Ordinal Inscriptions overloading the network.
Not only that, Development achievements and increased hash rates also attracted investors to buy the four mining stocks CIFR follow-up overcomes 7.2 exahashes per second (EH/s) in power hashes having opened a new facility in Odessa, Texas.
Higher profits from BTC block rewards and mining fees and more capital inflows from Wall Street may allow many firms to continue investing in next-generation ASIC mining machines to stay competitive in the BTC hash race.
