Gold Miners Outshine Bitcoin Miners 2022

Since the advent of Bitcoin, physical gold and digital gold have been presented as foils to investors. But perspectives of each asset’s underlying mining industry are too often lacking from the comparison conversations.

In particular, the past 12 months of market activity have highlighted some important idiosyncrasies and similarities between the yellow metal and its blockchain-based counterpart. While bitcoin mining companies significantly outperformed gold miners several months ago, the market trend has shifted to favor gold. But will this dynamic last?


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