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June 11, 2022
Subscribe to Mining Memo
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Mining Market Update
June 6 - June 10
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| Price |
$29,185 |
▼-2% |
| Hashrate |
220 EH/s |
▼-1% |
| Difficulty |
30.28 T |
▲1% |
| Revenue* |
$0.1265 |
▼-6% |
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Core sells, Riot curtails and Marathon waits: May Mining Updates
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Core Scientific sold some Bitcoin, while Riot faced curtailment concerns in Texas and Marathon Digital waits for additional units to be racked at their hosting sites. Read up on the latest
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Click here to read this article.
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Bitfarms, Hive and Cleanspark stand out in May updates
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Medium sized Bitcoin miners – those between two and four EH/s of mining under management – stood out from the pack last month, each with efficiency ratings above 90%
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Argo Blockchain disappoints with low monthly Bitcoin production
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Argo Blockchain's May numbers disappointed, with mining margins taking a hit from "teething" issues at the firm's newest flagship site, Helios, among other concerns.
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Three ways the Responsible Financial Innovation Act effects Bitcoin mining
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Two US senators proposed sweeping legislation for the digital asset space, including Bitcoin mining. Getting rid of the infamous "double tax" on Bitcoin mining might just be a part of it.
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Interested in reaching thousands of Bitcoin miners with your ad? Email media@compassmining.io for sponsorship information.
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| Mawson |
$2.11 |
▲ 3% |
▼-68% |
| Cathedra |
$0.24 |
►0% |
▼-45% |
| Canaan |
$3.73 |
▼-1% |
▼-29% |
| Ebang |
$0.75 |
▼-2% |
▼-29% |
| Core Scientific |
$2.34 |
▼-8% |
▼-78% |
| Argo |
$5.70 |
▼-11% |
▼-55% |
| Iris Energy |
$4.84 |
▼-12% |
▼-68% |
| Bit Digital |
$1.42 |
▼-13% |
▼-77% |
| Cleanspark |
$4.90 |
▼-15% |
▼-49% |
| Hut 8 |
$1.88 |
▼-15% |
▼-76% |
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Reviewing Public Miner Performance
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Public Bitcoin miners are in the spot light as May monthly updates showed mixed reports. We sit down with Compass Mining analyst Anthony Power to talk about the state of public markets.
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The State of Public Markets
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The Fed is tapering. Equities are bleeding out. And Bitcoin is flatlining at $30,000. What's to make of a macro-environment teetering on the brink? We sit down with Genesis Trading's Joshua Lam to make sense of the madness.
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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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