Most bitcoin mining companies tracked by The Block trended downward on Wednesday.
The cryptocurrency was trading at slightly more than $20,100 by market close, according to data from TradingView.
Greenidge Generation’s stock was down by 7.80%, followed by Core Scientific (-7.65%), Northern Data (-6.46%) and Cipher Mining (-6.43%).
Core Scientific announced earlier in the day that it mined 9% less BTC in September while expanding hash rate by 2.4%.
Here’s how crypto mining companies performed on Wednesday, Oct. 5:
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About Author
Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado. She graduated from NYU with a MA in Journalism. Feel free to email any comments or tips to [email protected] or to reach out on Twitter (@catarinalsm).
Source: https://www.theblock.co/post/175142/bitcoin-mining-stock-report-wednesday-october-5?utm_source=rss&utm_medium=rss