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April 19, 2023
Subscribe to Mining Memo
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| Price |
$29,444 |
▼2.5% |
| Hashrate |
360 EH/s |
▲3.44% |
| Difficulty |
47.89 T |
►0% |
| Revenue* |
$0.078 |
▼2% |
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Bitcoin Mining Stock Roundup: March Monthly Numbers
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Bitcoin continues its mini-bull run, rising to $28,478 per coin as of March’s end–an increase of 23% on the closing price for the previous month and 72% for the 1st quarter of 2023. An increase actually outpacing the growth of difficulty by nearly 33%,
resulting in industry mining revenues higher by over 30% per TH in the quarter.
Still, if you consider the growth in global hashrate over the last 12 months, it’s more than doubled over the period as has difficulty.
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Click here to continue reading.
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Mining News Feed
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Tom's Hardware / Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced
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Reuters / Cryptoverse: Bitcoin miners escape the bear trap
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WTVC / 'It's been a disaster' Residents warn neighboring areas of crypto mine impacts
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Offered by the same experts who provide top technical training for Mining Technicians in the U.S., the next Intro to Hashboard Diagnosis and Repair course takes place in Rochester, NY from June 26-30.
Register today at FoundryAcademy.com |
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Today we are joined by Clara Medalie of Kaiko Research to talk about Bitcoin markets. We discuss market depth post-FTX, what a healthy Bitcoin marketplace looks like and how miners can influence price action.
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Watch on YouTube here.
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Chart of the Week
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Monthly miner revenue may be finding its footing, sitting above $500 million.
Source: The Block
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| Argo Blockchain |
-1.33% |
$1.55 |
$9.02 |
| Mawson |
-3.74% |
$3.06 |
$27.60 |
| Bitfarms |
-4.00% |
$1.14 |
$3.35 |
| Stronghold Digital |
-4.42% |
$1.09 |
$4.79 |
| Marathon Digital |
-4.62% |
$10.91 |
$22.09 |
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*As of Weds, April 19.
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