Most bitcoin mining stocks closed Thursday higher than they were at open. The three stocks that faired the best were Hut 8 (US) at +9.23%, Hut 8 (Canada) at +9.2% and Argo Blockchain (UK) at +8.89%.
CleanSpark, SAI.TECH and Cipher Mining Inc saw the biggest price drops: -4.68%, -2.64% and -2.16% respectively.
The price increases and decreases on Thursday were modest compared to Wednesday’s bitcoin mining stock fluctuations. Yesterday, CleanSpark jumped by 27.78% while SAI.TECH fell by 7.85%.
On Thursday, the price of bitcoin eclipsed $24,000, continuing the gradual rise it has seen for most of August.
Here’s how crypto mining companies performed on Thursday, August 11:
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About Author
MK Manoylov is a reporter for The Block covering NFTs, blockchain-based gaming and cybercrime. MK holds a graduate degree from New York University’s Science, Health, and Environmental Reporting Program (SHERP).
Source: https://www.theblock.co/post/163102/bitcoin-mining-stock-report-august-11?utm_source=rss&utm_medium=rss