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Boost sales by analyzing product page performance with AI tools ✌️【Flexible Hours】✌️Invest small, earn big! ₹500 can earn you consistent monthly profits!The hashprice, a measure of daily mining profitability, has increased less than 1% since the end of September.The total market cap of the miners that the bank covers has risen 7% since the end of September, and now trades on 1.9 times their share of the four-year block reward, the lowest level since May, and could offer a potential "attractive entry point heading into the election."The bank noted that mining stocks rallied in the first two weeks of the month as bitcoin gained and companies with high performance computing (HPC) exposure continued to see interest in deals from hyperscalers.
Greenidge Generation (GREE) was the outperformer, with a 29% gain, and Stronghold (SDIG) underperformed the sector with a 17% slump.Rival Wall Street bank Jefferies warned that October could be a harder month for the miners, in a research report Sunday.Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry.
He's now covering the crypto beat as a finance reporter at CoinDesk.
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