Cost basis and return based on previous market day close. As of the end of February, Core Scientific held 7,355 Bitcoins in its own account, worth about $340 million based on Friday's prices. As such, we've decided to tap the TipRanks database; while Wall Street analysts have largely ignored the sector, we looked for those crypto mining names that have earned Buy ratings from the pros and offer significant upside potential. Rio authorities said 16 suspected criminals were killed in confrontations with police in Complexo do Alemao favela, or low-income community, along with a police officer and an woman. Visit our corporate site www.futureplc.com Future US LLC, 10th floor, 1100 13th Street NW, Washington, DC 20005. The attacker was taken into custody. Based in Hangzhou, China, Canaan is a cryptocurrency mining hardware company that invented one of the first ASIC-powered bitcoin mining machines back in 2013. The analyst observed the company's Q1 results, noting that CleanSpark, Inc. (NASDAQ:CLSK) is executing successfully on its bitcoin mining growth strategy. And Terawulf, which went public via a SPAC merger in December at a valuation of just over $1 billion, has not yet mined any Bitcoin. The digital assets company is focused on building North Americas largest and lowest-cost mining operation. The analyst sees Hut 8 Mining Corp. (NASDAQ:HUT) as one of the pioneers in the bitcoin mining space. Click to continue reading and see 5 Bitcoin Mining Stocks to Buy Now. For example, it has dabbled in staking other cryptocurrencies, which is interesting, though that effort has yet to become a material contributor to its financial results. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Yi Xins Ariose Capital is the biggest position holder in the company, with 1.45 million shares worth $7.50 million. Its common shares commenced trading on the TSX on April 8, 2022. In March 2022, Canaans share price received a big boost after the release of the company's Q4 2021 report. Hut 8 Mining is one of the worlds largest cryptocurrency mining companies, specializing in bitcoin and ethereum. In March 2022, Bitfarms reported that it was working to finalize the first 12 MW of capacity at its Bunker site in Sherbrooke, Quebec. By teaming up with energy suppliers, MARA has created a foundation for ensuring it has sufficient power to run its 169,000-machine fleet. Hut 8 just got a thumbs-up from H.C. Wainwright'sDede, who is optimistic about the mining player's long-term growth prospects. Those following MARA may not be surprised by the acquisition, he adds. The cryptocurrency miner is already profitable, and it has several differentiators that make it an interesting investment opportunity. 10 Bitcoin Mining Stocks to Buy Now is originally published on Insider Monkey. BTIG analyst Gregory Lewis maintained a Buy recommendation on CleanSpark, Inc. (NASDAQ:CLSK) but lowered the firm's price target on the stock to $30 from $35 on February 10.