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September 28, 2021
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Market Overview |
| Company |
Price |
24H |
YTD |
| Bit Digital |
$8.79 |
-4% |
-66% |
| Bitfarms |
$4.35 |
-5% |
94% |
| Canaan |
$5.71 |
-5% |
-18% |
| Ebang |
$2.19 |
-1% |
-72% |
| Hive |
$2.71 |
-5% |
-1% |
| Hut 8 |
$8.13 |
-7% |
173% |
| Marathon |
$33.82 |
-4% |
173% |
| Northern Data |
$73.20 |
-5% |
-11% |
| Riot |
$26.56 |
-4% |
41% |
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Data as of 12:00 UTC |
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These are the best performing crypto mining stocks in Q3. |
Most public cryptocurrency mining companies are having an extremely underwhelming third quarter as the fiscal year comes to an end and investors prepare for autumn. All top mining companies except Hut 8 are underperforming bitcoin this quarter. |
Click here to continue reading this section of Mining Memo. |
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Sparkpool announces its closure following Chinese regulatory scrutiny. |
Sparkpool – one of the oldest Ethereum mining pools – is shuttering its services to be both “maximally compliant” with new regulations and “ensure the safety of user’s [sic] assets” against seizure by the Chinese government. |
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These charts show Bitcoin's hashrate recovery since China's crackdown. |
One of the biggest stories this year in cryptocurrency markets was the hashrate (and price) crash that followed China’s crackdown on mining. But over the past several months, Bitcoin’s hashrate has made a remarkable recovery. |
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What are key differences between ASIC and GPU mining? |
The cryptocurrency mining industry can be roughly divided into two segments: Application-Specific Integrated Circuit (ASIC) mining and Graphics Processing Unit (GPU) mining. This article offers a brief overview of both segments of mining. |
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Bitcoin difficulty increased for the fifth consecutive time, the longest streak since February 2020. |
Bitcoin mining difficulty increased 3.16% last Tuesday, marking its fifth consecutive increase and the longest streak of upward adjustments since Feb. 2020. Streaks of five or more upward adjustments have become less frequent over the past several years. |
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CLIP: Manufacturing Costs For Bitcoin Mining ASICs |
Whatsminer's Director of Sales explains the costs involved in producing ASICs and how those costs and supplies are changing. |
| WATCH NOW |
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NEW: Outtakes, from Will and Whit |
Outtakes looks at recent SEC posturing, Genesis Mining expanding operations through a new raise and Twitter adding Bitcoin payments natively to the app. |
| WATCH NOW |
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Compass Updates |
Compass announces the Lone Star Bundle with six S19j Pros hosted in Texas. Compass offers at-home mining with direct hardware sales. Compass launches a new show called Outtakes to talk Bitcoin and mining news. Compass lists four (4) new hosting facilities with available space. |
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We're sponsoring... |
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Network Overview |
| Bitcoin |
|
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7D |
YTD |
| Price |
$41,440 |
-4% |
43% |
| Difficulty |
18T |
3% |
2% |
| Revenue* |
$0.28 |
-5% |
31% |
| Hashrate |
137 EH/s |
1% |
0% |
| Ethereum |
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7D |
YTD |
| Price |
$2,857 |
-6% |
291% |
| Difficulty |
9,039T |
1% |
146% |
| Hashrate |
719 TH/s |
-10% |
119% |
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* measured by $/TH/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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