Analyst Forecasts Revenue Growth for Core Scientific and Iris Energy in Bitcoin-Mining Sector

Wednesday, 10 July 2024, 14:48
In the latest report from Bernstein, the analysis highlights the potential collaboration between bitcoin miners and AI data centers. This collaboration is expected to fuel revenue growth for leading firms Core Scientific and Iris Energy. The positive outlook suggests a promising future for the bitcoin-mining industry, particularly for companies like CORZ and IREN.

Analyst Report: Bitcoin-Mining Sector Outlook

Analyst Bernstein recently initiated coverage on bitcoin-mining companies CORZ and IREN, projecting a favorable outlook for the industry.

Potential Collaboration Drives Growth

Analysts see a significant opportunity for bitcoin miners to collaborate with AI data centers, leading to increased revenue streams.

  1. Core Scientific and Iris Energy: Potential Leaders
  • Positive forecasts indicate a bright future for Core Scientific and Iris Energy in the bitcoin-mining space.

Overall, the report underscores the growth potential and positive trajectory of bitcoin miners, especially highlighting the prospects for Core Scientific and Iris Energy.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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