Bitcoin mining, the process of verifying and adding transactions to the Bitcoin blockchain, is mostly in the domain of large companies commanding fleets boasting tens of thousands of highly specialized Bitcoin miners. As the price of BTC continues to rise, so does the profitability of mining, increasing the market prospects of Bitcoin mining companies.
Most of the large players in the space are publicly traded, allowing everyday investors to gain exposure to the BTC mining industry and, in turn, Bitcoin itself. However, deciding which company to invest in can be difficult, especially if you are relatively new to the space.
In this article, we are going to examine the best Bitcoin mining stocks to help you decide which might be a good investment for you.
The 5 best Bitcoin mining stocks to invest in 2026:
- Riot Platforms – Operates large-scale Bitcoin mining facilities with a focus on efficiency and growth
- CleanSpark – Leverages renewable energy to power cost-effective and sustainable Bitcoin mining
- Marathon Digital – One of the largest publicly traded Bitcoin miners, aiming for industry-leading hash rates
- Hut 8 Mining – A diversified Bitcoin mining company with strong infrastructure and strategic partnerships
- Cipher Mining – Builds and operates energy-efficient Bitcoin mining facilities across the U.S.
The 5 best mining stocks: Examining top mining companies for 2026
In the following section, we are going to examine give leading Bitcoin mining companies that are worth investing in right now. All of these companies showed strong growth in recent years and have made moves that will help them expand their operations in the coming months.
1. Riot Platforms – Operates large-scale Bitcoin mining facilities with a focus on efficiency and growth
Riot Platforms (RIOT), formerly Riot Blockchain, is one of the largest Bitcoin mining companies in the United States, with a fleet of over 100,000 ASIC miners. The company has a strong track record of profitability and has been expanding its operations rapidly. Riot was well-positioned to benefit from the Bitcoin halving, which reduced the supply of new Bitcoins and increased demand for mining power.
In July 2024, Riot Platforms acquired Block Mining, a Kentucky-based mining company. The deal diversified Riot Platforms’ power supply and increased its power capacity. Earlier in 2024, Riot made an attempt to acquire Bitfarms, and the two companies ultimately entered a settlement agreement under which Amy Freedman (one of the nominees pushed by Riot) was added to the Bitfarms board of directors.
As of August 2025, Riot Platforms had a hash rate capacity of 36.8 EH/s. However, Riot is currently in the middle of a pivot from pure Bitcoin mining to large-scale AI and high-performance computing (HPC) data center infrastructure using its power capacity and land holdings, attracting investor focus.
| Stock Price (1-year change) | $15.48 (+55%) |
|---|---|
| Market Cap | $5.7 billion |
| Location | United States |
| Hash Rate Capacity | 36.8 EH/s |
| RIOT 1-year prediction | $7.87 (-49%) |
2. CleanSpark – Leverages renewable energy to power cost-effective and sustainable Bitcoin mining
CleanSpark (CLSK) is another US-based Bitcoin mining company that focuses on using renewable energy sources. It is committed to environmental sustainability. To this end, CleanSpark is currently operating in 8 US states, with plans to expand further in the future.
CleanSpark reported impressive FY 2025 results with strong revenue growth (~$766 M), significant net income, and marked expansion of operational hashrate, reaching over 50 EH/s. Like many other Bitcoin mining companies, CleanSpark is diversifying its business toward broader compute strategy beyond pure Bitcoin mining.
As of January 2026, the total hashrate of CleanSpark is 50 EH/s, with a respectable peak efficiency of 16.07 J/Th.
| Stock Price (1-year change) | $9.58 (+7.7%) |
|---|---|
| Market Cap | $2.4 billion |
| Location | United States |
| Hash Rate Capacity | 50 EH/s |
| CLSK 1-year prediction | $7.02 (-26.7%) |
3. Marathon Digital – One of the largest publicly traded Bitcoin miners, aiming for industry-leading hash rates
Marathon Digital (MARA) is one of the most efficient Bitcoin mining companies in the world, with over 100,000 miners across 18 mining farms with a hash rate capacity of 66.4 EH/s. The company’s focus on efficiency allows it to generate more BTC with less electricity, which gives it a competitive advantage. Marathon is also diversifying its operations by investing in other digital assets, such as Ethereum and Litecoin.
As of Q1 2026, Marathon had 52,850 BTC (worth nearly $3.4 billion at the current market rate) in its treasury, making it one of the biggest owners of Bitcoin.
| Stock Price (1-year change) | $7.75 (-44.2%) |
|---|---|
| Market Cap | $2.9 billion |
| Location | United States |
| Hash Rate Capacity | 66.4 EH/s |
| MARA 1-year prediction | $4.9 (-36.7%) |
4. Hut 8 Mining – A diversified Bitcoin mining company with strong infrastructure and strategic partnerships
Hut 8 Mining (HUT) is a company involved in the data center and high-performance computing sector. Hut 8 is the majority owner of American Bitcoin, a BTC mining company.
Hut 8 reported Q1, Q2, and Q3 2025 results showing strong revenue growth, expanding energy infrastructure, and a large Bitcoin reserve (13,696 BTC by Q3). It grew its energy and compute platform with ~1,020 MW under management and a multi-GW development pipeline. American Bitcoin expanded hashrate significantly in 2025.
In December 2025, Hut 8 signed a 15-year, 245 MW AI data center lease at its River Bend campus with a $7 billion total contract value, along with partnerships with Anthropic & Fluidstack that mark a major pivot toward AI and high-performance compute infrastructure.
| Stock Price (1-year change) | $54.03 (+225%) |
|---|---|
| Market Cap | $5.9 billion |
| Location | United States |
| Hash Rate Capacity | 26.8 EH/s |
| HUT 1-year prediction | $57.09 (+5.6%) |
5. Cipher Mining – Builds and operates energy-efficient Bitcoin mining facilities across the U.S.
Cipher Mining (CIFR) is a United States-based company that operates infrastructure for Bitcoin mining and HPC (high-performance computing). The company is listed on the NASDAQ stock exchange, where it trades under the ticker CIFR.
Like many other companies that started as pure Bitcoin mining operations, Cipher is currently pivoting to HPC and AI infrastructure (and is even rebranding from Cipher Mining to Cipher Digital). In 2025, Cipher signed a 168 MW, 10-year hosting agreement with Fluidstack, backed by Google, expected to deliver $3 billion in contracted revenue.
In early 2026, Cipher’s subsidiary Black Pearl Compute announced intent to issue $2 B in senior secured notes to finance development of industrial data centers.
| Stock Price (1-year change) | $15.2 (+206%) |
|---|---|
| Market Cap | $6 billion |
| Location | United States |
| Hash Rate Capacity | 23.6 EH/s |
| CIFR 1-year prediction | $14.2 (-6.5%) |
The bottom line
If you want to engage in BTC mining but don’t want to spend excessive amounts of money on your own mining hardware, check the list of the best Bitcoin cloud mining platforms, which allow you to purchase hash rates remotely. For more information about BTC mining, check out how long it takes to mine 1 Bitcoin.