crypto mining stock update

Crypto Mining Stocks Update 12/10/21

Crypto mining stocks fell over the week as a result of Bitcoin's recent price decline.

Colin Harper
Colin Harper

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 stocks update

Crypto Mining Stock Updates

crypto mining stocks update
crypto mining stocks update

Bitcoin Mining News

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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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Head of Research and Content at Luxor Technology