Bitcoin miners rally as the cryptocurrency approaches $104,000, with cleanspark receiving a price target upgrade to $25 from Clear Street and Coinbase joining the S&P 500 index. Mining economics are improving as hash price climbs from $37 to $56, giving operators breathing room despite the challenges created by this year's halving event.• CleanSpark receives analyst upgrade to $25 price target based on peer play strategy and no equity dilution approach• Iron, BitDeer, and BitFarms earnings coming this week, with industry looking to see if any miner can achieve net income• Coinbase joining S&P 500 represents major milestone for crypto adoption and institutional acceptance• Hash price recovery to $56 and transaction fees increasing to 2.3% improving mining economics• Mining industry facing fundamental challenge as halvings double energy costs, requiring ever-cheaper power• Fleet efficiency improvements continuing with BitDeer's A3 Seal Miner potentially reaching sub-10 joules per terahash• Robinhood purchasing WonderFi, expanding crypto services into Canada• Gryphon Mining share price surge reshaping Minor Madness competition leaderboardHit the like button if you enjoyed this episode, and let us know in the comments how you're feeling about upcoming miner earnings, your top pick in the sector, and your Bitcoin price outlook.
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