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 December 12, 2022 
Subscribe to Mining Memo 
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| Price | 
$17,660 | 
▲3.83% | 
 
| Hashrate | 
253 EH/s | 
▲3% | 
 
| Difficulty | 
34.2 T | 
►0% | 
 
| Revenue* | 
$0.066 | 
▲0.5% | 
 
 
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November monthly performance: Argo, Bitfarms, DMG and more
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 Bitcoin mining difficulty was relatively stable during November, increasing by just 0.1%–good news for Bitcoin miners who had witnessed a 17% increase the month before. 
  
DMG Blockchain became this month’s top miner, producing 106 Bitcoin per EH/s, closely followed by Bitfarms (105.3 BTC) and Bit Digital (104.4 BTC). Hive Blockchain was not included in this month’s mining update due to a lack of transparency on the
firm’s Bitcoin hodl, as opposed to previous months. 
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 Continue reading here. 
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Mining News Feed
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 CoinDesk / Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts 
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 CoinDesk / Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare Bankruptcy 
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 CoinDesk / Crypto Miner Iris Energy Hit by Class-Action Suit 
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You can blame the Ethereum Merge for October's unfortunate rise in Bitcoin mining difficulty, maybe. Unplugged Ethereum ASICs were likely swapped for Bitcoin miners at many a facility, leading to an increase in hashrate. 
 
															(Source: Coin Metrics, Jameson Lopp) | 
 
 
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 In Part I of this two part episode, we are rejoined by mining analyst Anthony Power to discuss various mining stocks following the monthly disclosures from Bitfarms, Cleanspark and others. 
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 Watch on YouTube here. 
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| Bit Digital | 
4.42% | 
$0.79 | 
$7.65 | 
 
| Hive Blockchain | 
3.91% | 
$2.06 | 
$15.80 | 
 
| Bitfarms | 
3.67% | 
$0.53 | 
$6.03 | 
 
| Stronghold | 
3.31% | 
$0.50 | 
$17.69 | 
 
| Ebang | 
2.99% | 
$4.74 | 
$56.40 | 
 
 
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 *As of Tuesday, December 13 
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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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