[ad_1] <br><div><p><b><i><a target="_blank" href="https://www.coindesk.com/consensus2022/" rel="nofollow noopener" data-ylk="slk:Join the most important conversation in crypto and web3! Secure your seat today;elm:context_link;itc:0" class="link ">Join the most important conversation in crypto and web3! Secure your seat today</a></i></b></p><p>Cipher Mining (CIFR), Hut 8 (HUT) and Stronghold Digital (SDIG) are among the many crypto miners seeing the biggest features in Monday buying and selling after the U.S. authorities late Sunday <a target="_blank" href="https://www.coindesk.com/policy/2023/03/12/crypto-friendly-signature-bank-shut-down-by-state-regulators-fed/" rel="nofollow noopener" data-ylk="slk:moved to protect;elm:context_link;itc:0" class="link ">moved to protect</a> all depositors at collapsed lenders Silicon Valley Financial institution (SVB) and Signature Financial institution.</p><p>The miners are transferring in keeping with bitcoin (BTC), which is greater by 17% over the previous 24 hours to $24,100.</p><figure class="caas-figure"><div class="caas-figure-with-pb" style="max-height: 600px"><div><div class="caas-img-container caas-img-loader" style="padding-bottom:75%;"><img class="caas-img caas-lazy has-preview" alt="Miners saw their share value increase by an average of 11% on March 13, along with the price of bitcoin. (Eliza Gkritsi/CoinDesk)" src="https://s.yimg.com/ny/api/res/1.2/allqz_GDbQc0LPbh_ka8ng--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcyMA--/https://media.zenfs.com/en/coindesk_75/f7264e938d1e6872c89825a44e6520a5"/><noscript><img alt="Miners saw their share value increase by an average of 11% on March 13, along with the price of bitcoin. (Eliza Gkritsi/CoinDesk)" src="https://s.yimg.com/ny/api/res/1.2/allqz_GDbQc0LPbh_ka8ng--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcyMA--/https://media.zenfs.com/en/coindesk_75/f7264e938d1e6872c89825a44e6520a5" class="caas-img"/></noscript></div></div></div><p><figcaption class="caption-collapse">Miners noticed their share worth enhance by a median of 11% on March 13, together with the worth of bitcoin. (Eliza Gkritsi/CoinDesk)</figcaption></p></figure><p>"I’m really shocked [the miners] didn’t get pumped extra," stated Wolfie Zhao, head of analysis at TheMinerMag. "Many even didn’t surge greater than bitcoin."</p><p>The extent of the mining sector's publicity to crypto-friendly Signature Financial institution is unclear. Marathon Digital Holdings (MARA) on Monday stated it <a target="_blank" href="https://www.coindesk.com/business/2023/03/13/bitcoin-miner-marathon-says-it-still-has-access-to-142m-at-signature-bank/" rel="nofollow noopener" data-ylk="slk:still had access;elm:context_link;itc:0" class="link ">still had access</a> to $142 million in deposits the now-shuttered lender. CleanSpark (CLSK), Bitfarms (BITF) and Argo Blockchain (ARBK) stated on Monday they haven't any publicity to both Signature or the opposite collapsed banks, Silvergate and SVB.</p><p>An Argo subsidiary, nevertheless, does maintain working funds in Signature deposits, the agency stated.</p><p><i><b>Learn extra: </b></i><a target="_blank" href="https://www.coindesk.com/policy/2023/03/13/silicon-valley-bank-clients-can-fully-access-funds-after-fdic-creates-new-bridge-bank/" rel="nofollow noopener" data-ylk="slk:Silicon Valley Bank Customers Can Fully Access Funds After FDIC Creates New Bridge Bank;elm:context_link;itc:0" class="link "><i><b>Silicon Valley Bank Customers Can Fully Access Funds After FDIC Creates New Bridge Bank</b></i></a></p></div> <br>[ad_2] <br><a href="https://finance.yahoo.com/amphtml/news/bitcoin-miner-stocks-surge-amid-165156636.html">Source link </a>