Bernstein rated Bitcoin mining companies Riot, CleanSpark, IREN, and Core Scientific as "outperforming the market."

ChainCatcher news, according to The Block, Bernstein has rated Riot Platforms, CleanSpark, IREN, and Core Scientific as "outperforming the market," while Marathon Digital has been rated as "market perform."

The "outperforming the market" rating is a positive assessment from analysts, indicating that the stock is expected to exceed the performance of its market or industry. In contrast, the "market perform" rating is a neutral evaluation, suggesting expected average performance.

These assessments are based on five key indicators: production and hash rate, operational and energy efficiency, power consumption, hash cost, and each company's artificial intelligence strategy.