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August 13, 2022
Subscribe to Mining Memo
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Mining Market Update
August 8-12
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| Price |
$24,145 |
▲4% |
| Hashrate |
207 EH/s |
▲3% |
| Difficulty |
28.27 T |
►0% |
| Revenue* |
$0.1049 |
▼-4% |
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Mining Memo and the Compass Podcast will be taking the next week off! See you Tuesday, August 23.
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July Public Mining Updates: Hive, Iris, Riot and More
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Hot weather is not suitable for Bitcoin mining. But miners bore on, implementing new strategies to collect coins this past July.
Miners such as Iris Energy (IREN), Argo Blockchain (ARBK) and Riot Blockchain (RIOT) followed through on strategic initiatives to better their performance during what is typically a low season for mining, while other miners took to the capital markets for relief from
difficult revenue conditions.
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Click here to continue reading
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Foundry Announces Foundry Academy to Train Technicians for Bitcoin Mining Industry
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The future of digital asset mining calls for top technical talent. As the premiere training program for professional Mining Technicians, Foundry Academy answers. The next one week course runs September 12-17 in Rochester, NY.
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In The Headlines
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CoinDesk / Crypto Miner Core Scientific Cuts 10% of Staff, Keeps Hashrate Projection
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CNBC / Ethereum just pulled off its final test run ahead of one of the most important events in crypto
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CoinDesk / Genesis Digital Locks In 708 MW of Energy for Bitcoin Mining
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OFAC, Tornado Cash and Bitcoin Miners
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The Office for Foreign Assets Control (OFAC) made headlines this week by sanctioning Etheruem smart contract Tornado Cash. Developers, miners and users are now wondering who will be next on OFAC's list.
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| Hut 8 |
$3.51 |
▲40% |
▼-55% |
| Hive |
$7.17 |
▲30% |
▼-47% |
| Marathon |
$18.24 |
▲26% |
▼-45% |
| Cleanspark |
$6.02 |
▲22% |
▼-37% |
| Bitfarms |
$2.02 |
▲20% |
▼-60% |
| Cathedra |
$0.20 |
▲17% |
▼-55% |
| Bit Digital |
$1.89 |
▲16% |
▼-69% |
| Argo |
$6.22 |
▲15% |
▼-51% |
| Riot |
$9.92 |
▲14% |
▼-56% |
| Core Scientific |
$3.35 |
▲12% |
▼-68% |
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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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