Bitcoin mining stock report: Wednesday, October 5

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:

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Related:  Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet – Wallets Bitcoin News

Source link

Share this article: