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.
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