According to banking giant JPMorgan analysts, Bitcoin miners are on the verge of a critical period.
The halving on the Bitcoin blockchain is expected to occur next April. Before this, JPMorgan analysts among mining companies “their current hash rates, efficiencies, power contracts, growth plans, and liquidity.” makes evaluations accordingly.
CleanSpark (CLSK), which is eyed by JPMorgan, has a target price of $5.50. In return, $5 was set as the target for Marathon Digital, another cryptocurrency miner.
For Riot Platforms (RIOT), another leading cryptocurrency miner $6.50 target was given.