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Bitcoin mining stock report: Monday, October 3

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Bitcoin mining stock report: Monday, October 3

Most bitcoin mining stocks tracked by The Block trended upwards on Monday, as the cryptocurrency rallied.

The cryptocurrency was trading at around $19,500 by the end of the trading session, according to data from TradingView.

TeraWulf’s stock rose 12.70%, followed by Digihost Technologies (+10.77%), Hut 8 (+7.30% on Nasdaq) and Core Scientific (+5.38%)

Bitfarms was up 2.86% on Nasdaq and 1.39% on the Toronto Stock Exchange after announcing its September production updates. The miner started production at its new facility in Argentina and reached a hash rate of 4.2 exahashes per second in September.

Here’s how crypto mining companies performed on Monday, Oct. 3:


© 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.

Source – Theblockcrypto.com

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