Crypto Mining Stocks Update 12/10/21
Crypto mining stocks fell over the week as a result of Bitcoin's recent price decline.
The week got off to a rough start after a flash crash on December 4th pushed Bitcoin as low as $41,960 on one exchange. Mining stocks responded accordingly, trading lower for much of the week. Despite this, network hashrate made a fresh all-time high, the first since the China ban in May. Taking advantage of the dip, Hut 8 announced an opportunistic spot purchase of ASICs, while Cleanspark announced a new immersion project in its Norcross Georgia facility.
Bitcoin Mining Market Metrics
Crypto Mining Stock Updates
Bitcoin Mining News
Bitcoin could 'consolidate until 2022' after mass wipeout sends BTC price to $41K
MicroStrategy purchases $82M in Bitcoin, now holds 122,478 coins
CleanSpark Announces November Bitcoin Mining Updates
Argo Blockchain November 2021 Operational Update
Hut 8 Announces Purchase of M30S Equipment from Foundry
Hut 8 Announces ESG Goals to Drive a More Sustainable Future
CleanSpark Announces New 20 MW Immersion Cooling Initiative at Norcross Bitcoin Mining Facility
Foundry Launches Resale Marketplace for Bitcoin Mining Machines
Silvergate Bank Looks to Raise $461M in Public Stock Offering
Iceland cuts power to new Bitcoin miners
Header image by Maxim Hopman via Unsplash
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