With fourth-quarter earnings for bitcoin miners starting, industry experts are closely watching how companies plan to deploy hardware and manage their treasury going forward. 2022 was a lesson in frenzied growth and even in the face of bitcoin's recent rally, combined with a dip in energy prices in January, healthy balance sheets and access to low-cost power will still be a winning combination.

CleanSpark set the tone for earnings season Thursday when the firm laid out plans to keep acquiring machines and new sites as it works to meet its end-of-year hashrate guidance. And while CleanSpark plans to keep leveraging discounted prices on the spot market, the possibility of future contracts is also on the table for the coming months. "We believe the tides are starting to shift," CEO Zach Bradford said in the company's earnings call for the last quarter. (The Block)

Get the latest news here: Cointime channel—https://t.me/cointime_en