Cryptocurrency mining stocks have shown significantly different results over the daily, weekly and yearly periods, with Bitmine standing out as the leader in the sector.
In 2025, the cryptocurrency mining industry is far from standing still. As of July 8, 2025, Galaxy Digital Holdings Ltd. ranks first by market cap at $7.48 billion, despite a 0.97% daily decline and a 12.68% drop over the past five days. In contrast, MARA Holdings has seen a 4.63% daily gain and a 11.59% weekly gain. Meanwhile, Core Scientific, Inc. has seen a 5.46% daily decline and a 18.72% weekly decline.
The ten largest Bitcoin miners by market cap, based on data collected by bitcoinminingstock.io.
The major players in the sector are feeling confident, with some doing better than others. Riot Platforms is up 0.17% on the day and 2.66% on the week. IREN Limited is up 71.99% year-to-date. Cleanspark, Inc. is up 25.95% year-to-date, while Bitdeer Technologies Group is down 41.48% over the same period. Cipher Mining, Inc. is up 29.95% year-to-date, and Bit Digital, Inc. is up 61.90% week-to-week.
However, one company is doing more than just mining coins — it appears to be attracting investors. Bitmine Immersion Technologies has emerged as the leader among miners, having demonstrated a 1,329.48% increase since the beginning of the year. The US company, whose shares are traded on the NYSE American exchange under the ticker BMNR, attributes its success to its use of immersion cooling technology, environmentally friendly mining methods, and its entry into markets with low energy costs.
Moreover, a strategic shift to Ethereum (ETH) and $250 million in capital raised contributed to a recent surge in investor interest. The company operates sites in Texas, Kentucky, and Trinidad and Tobago, and offers mining services (MaaS). In contrast, Bitfufu, Bitfarms, and HIVE Digital have seen declines since the start of the year.
Northern Data AG shares fell 45.13%, while Canaan, Inc. shares fell 65.10%, marking the biggest declines among the top 20 companies. Neptune Digital Assets Corp. rounded out the list with a market cap of $129 million, up 43.66% year-to-date. On the mining side, there was an increase thanks to the growth of the hash rate (estimated profit per petahash per second, PH/s), which was up 11.67% from 30 days ago.
Source: cryptonews.net
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