Bitcoin Mining Public Stock Update 11/20/21

This week Bitcoin saw a correction from all time highs before settling around $57-58k range. Most of the mining industry followed its price lower, led by Marathon Digital who disclosed an SEC inquiry. Despite this, many public miners reported record-setting earnings, while continuing to announce fresh capital raises and new ASIC purchases.

Bitcoin and Bitcoin Mining News

• Bitcoin Attempts Price Recovery After a Derivatives-Led Slide to Sub-$56K
• Taproot, Bitcoin’s Long-Anticipated Upgrade, Has Activated
• Marathon Receives SEC Subpoena Related to 2020 Hardin Data Center Agreement; Shares Tumble
• Seizing Spot Market Opportunity, CleanSpark Secures More Bitcoin Mining Machines for Immediate Delivery
• HIVE ANNOUNCES RECORD-BREAKING REVENUE OF $52.6 MILLION AND EARNINGS FOR OUR 2ND QUARTER ENDED SEPTEMBER 30, 2021
• Greenidge Generation Reports Third Quarter 2021 Results
• Bitfarms Reports Record Q3 2021 Revenues, Up 22% from Q2 2021 and 559% from Q3 2020
• Bit Digital, Inc. Announces Bitcoin Production and Mining Operations Update for the Third Quarter of 2021
• Ault Global Holdings’ Subsidiary BitNile Purchases 16,000 Bitcoin Miners From BITMAIN, Including S19 XP and S19j Pro Antminers

Header image by Maxim Hopman via Unsplash