Bernstein rates Bitcoin miners Riot, CleanSpark, IREN and Core Scientific as “outperformers”

According to The Block, on August 16th, research and brokerage firm Bernstein released a Bitcoin mining report, rating Riot Platforms, CleanSpark, IREN, and Core Scientific as "outperforming" the market, while Marathon Digital was rated as "market performing". The evaluation is based on five key indicators: production and computing power, operation and energy efficiency, electricity, computing power costs, and AI strategy. Core Scientific leads in computing power costs and AI strategy, while CleanSpark and IREN excel in energy efficiency. Although Riot is slightly behind in production and efficiency, it compensates through electricity integration and improving production efficiency. Marathon has improved operational efficiency by shifting to a self-mining model.