Mining • August 8, 2022, 5:58PM EDT

Bitcoin mining stock report: Monday, August 8

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Quick Take

  • Most bitcoin mining companies saw their stocks go up.
  • Iris Energy, Greenidge Generation, Stronghold Digital Mining and TeraWulf were among the most well-performing stocks.

Most bitcoin mining stocks were up Monday as the coin's value rose above $24,000.

Bitcoin was trading at $23,900 at the end of the trading session, data from TradingView show.

Iris Energy's stock was up by 14.56% after the company announced that it doubled its hash rate and expects to reach 3.7 exahash per second (EH/s) by the end of the month.

Other companies that posted double-digit gains include Greenidge Generation (12.32%), Stronghold Digital Mining (+12.30%) and TeraWulf (+10.42%).

Here's how crypto mining companies performed on Monday, August 8:


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