BITCOIN PERFORMANCE

Value cryptocurrency and high-performance computing assets based on hourly power price simulations and co-optimized operation to expected mining revenue, energy costs, and ancillary services revenues. https://winnipegcryptoconference.com/ are more informative when they are compared with the alternative asset that an investor would have actually chosen. For this reason, gold is a commonly referenced benchmark asset for measuring Bitcoin returns. The similarities between Bitcoin and gold tend to attract similar investment strategies, in a way that Bitcoin and the SP 500 do not. Growth middot; 2016 and 2017 saw steadily rising prices, with a large spike at the end of 2017. Prices declined significantly in 2018, but rebounded in 2019, although they have not quite reached their 2017 peak. Bitcoin prices in 2020 and 2021 increased dramatically, eventually shedding value substantially throughout 2022.