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Unpacked shipments of bitcoin miners at one of Luxor Technologies' warehouses

Bitcoin Mining Stock Update (March 18, 2022)

Bitcoin mining profitability and Bitcoin price are up this week, which was a boon to many top Bitcoin mining stocks.

Colin Harper
Colin Harper

Mining economics improved slightly this week as Bitcoin broke back above the $40k level and we saw another small downward difficulty adjustment.

Riot and Hut 8 both reported record 2021 numbers while Argo and Core Scientific announced an interesting ‘fleet swap’ deal, where Core will assume the ASICs that it currently hosts for Argo, in exchange for delivering a similar number of ASICs to Argo’s new Helios site in Texas. This deal expands Core Scientific’s proprietary mining fleet without the need to take delivery and enables Argo to take full control of its operations, an initiative it began in 2020.

Bitcoin Mining Stock Returns (March 14-March 18 2022)

Bitcoin mining stock price gainers (March 14-March 18, 2022)
Bitcoin mining stock price gainers (March 14-March 18, 2022)

Bitcoin mining stock price losers (March 14-March 18, 2022)
Bitcoin mining stock price losers (March 14-March 18, 2022)

Bitcoin Mining Stock News (March 14-March 18 2022)

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Head of Research and Content at Luxor Technology