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August 24, 2021
Subscribe to Mining Memo |
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Market Overview |
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Price |
24H |
YTD |
| Bit Digital |
$10.49 |
-8% |
-59% |
| Bitfarms |
$5.42 |
-6% |
142% |
| Canaan |
$9.04 |
-1% |
30% |
| Ebang |
$2.50 |
3% |
-68% |
| Hive |
$3.83 |
-1% |
40% |
| Hut 8 |
$6.69 |
-3% |
124% |
| Marathon |
$37.00 |
1% |
199% |
| Northern Data |
$73.90 |
0% |
-10% |
| Riot |
$36.84 |
3% |
96% |
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Data as of 12:00 UTC |
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Efficiency and the environment: A look at language in public mining company filings. |
News about bitcoin mining is littered with climate change narratives and mentions of Environmental, Social, and Governance (ESG) standards. But how often do bitcoin miners talk about these topics? This article examines the language in corporate filings from a select few public mining companies. |
Click here to continue reading this section of Mining Memo. |
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North America won’t have more than 50% of Bitcoin’s hashrate. |
China’s crackdown on bitcoin mining earlier in 2021 forcibly unlocked a massive amount of Bitcoin’s hashing power. As those machines relocate around the world, some cryptocurrency miners expect the US and Canada to eventual represent a majority of Bitcoin’s hashrate. This outcome is highly unlikely though. Here’s why. |
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Large Ethereum miners are dominating MEV, and that's okay. |
At first, only the technically inclined could profit off the practice of sequencing trades for extra profits. After Flashbots introduced a new Geth software specifically for mining pool and trader interactions earlier this year, over 85% of Ethereum mining pools have implemented sequencing software. |
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7 tips for spotting and avoiding bitcoin mining scams. |
Bitcoin mining is more popular than almost ever before, which means miners need to protect themselves and their bitcoins more carefully than ever. Scammers are everywhere. Use this checklist as a guide to stay safe while mining with Compass and avoid being scammed. |
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Network Overview |
| Bitcoin |
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7D |
YTD |
| Price |
$48,574 |
6% |
68% |
| Difficulty |
15T |
0% |
-16% |
| Revenue* |
$0.40 |
5% |
85% |
| Hashrate |
120 EH/s |
5% |
-8% |
| Ethereum |
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7D |
YTD |
| Price |
$3,240 |
2% |
343% |
| Difficulty |
7,863T |
5% |
114% |
| Hashrate |
579 TH/s |
5% |
103% |
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* measured by $/TH/s
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Compass Updates |
Compass hosted a recorded AMA on Twitter for over 5 hours. Compass enables order tracking for all customers. Compass introduces limited "mini-bundle" hardware and hosting product. Compass commits to sponsor Bitcoin Core developer Jon Atack. Compass launches an uptime monitoring service for hosting facilities. |
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Bitcoin 's hashrate has rebounded more than 30% to over 120 EH/s. |
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Written by Zack Voell, Will Foxley
, and Lili Rhodes. |
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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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