Bitcoin Mining Stock Update (May 6, 2022)

Most bitcoin mining stocks were hit hard this week, but a select made it out in the green.

Colin Harper
Colin Harper

Bitcoin mining stock April operational reports began trickling in this week. Most notably, Marathon’s monthly production figure disappointed due to downtime at its Hardin MT facility, due to weather and maintenance issues. Argo celebrated the launch of its new flagship Helios facility in Texas and announced a fresh $70.6m loan with NYDIG to finance new ASICs.

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Head of Research and Content at Luxor Technology