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January 15, 2022
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Market Overview
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Company |
Price |
24H |
YTD |
Argo |
$10.97 |
-2% |
-14% |
Bit Digital |
$5.83 |
-1% |
-4% |
Bitfarms |
$4.56 |
-1% |
-10% |
Canaan |
$5.68 |
-1% |
8% |
Ebang |
$0.99 |
-2% |
-7% |
Cathedra |
$0.38 |
-7% |
-7% |
Hive |
$2.42 |
0% |
-9% |
Hut 8 |
$6.62 |
-2% |
-15% |
Marathon |
$28.59 |
-2% |
-13% |
Mawson |
$5.03 |
-5% |
-24% |
Northern Data |
$84.13 |
-1% |
-5% |
Riot |
$20.68 |
-1% |
-9% |
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Data as of 21:00 UTC January 14, 2022
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Bitcoin mining’s breakout year
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A raging Bitcoin bull market, authoritarian crackdown on Bitcoin mining in China and flight to North America flipped the global hashrate economy on its head in 2021. Read a summary of Galaxy Digital's 2021 year-in-review by the authors here.
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Click
here to continue reading this section of Mining Memo.
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How two miners gambled their way into a $250,000 payday
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This past week, two separate Bitcoin miners pulled off the improbable, if not impossible: mining a solo block.
The odds to win the Powerball are one in 292 million, while the probability of winning a solo block for each miner is one in 1.4 million. So how’d it happen?
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Ethereum Mining's Year In Six Charts
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In revenue terms, Ethereum miners beat out Bitcoin miners eight of 12 months.
Catch up on the second largest Proof-of-Work industry's year-that-was.
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Kazakh Bitcoin miners power off as energy crisis deepens
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The world's second largest producer of hashrate briefly went dark as political chaos outseted Kazakhstan's government.
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Three metrics that defined Bitcoin mining’s Q4
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Price might be falling, but miners are still plugging in. That’s the takeaway from Bitcoin mining’s fourth quarter as the residual effects from the China hashrate migration continue to ripple out among the industry.
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Altcoin Mining In 2022
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WATCH |
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Next Generation Mining
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WATCH |
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About Compass: Compass is a Bitcoin mining and modern media company focused on driving the mass adoption of cryptocurrency mining.
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