Mining • September 1, 2022, 4:45PM EDT

Bitcoin mining stock report: Thursday, September 1

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The Block

Quick Take

  • Bitcoin mining companies saw their stock prices go down on Thursday.
  • Bitcoin’s was valued at roughly $19,900 at market close.

Bitcoin mining stocks were down Thursday, some by double digits, as the coin's value fell from the previous day.

Bitcoin was trading at around $19,900 at market close, according to data from TradingView.

Bitcoin mining revenues were up in August by 10% month-over-month, according to data compiled by The Block Research.

Northern Data's stock fell 14.43%, followed by Digihost (-12.75%), Cipher Mining (-10.95%) and SAI.TECH (-10.23%).

Bitfarms was down by 5.17% on the Toronto Stock Exchange after the company announced Thursday morning that it mined 6.8% more BTC in August compared to the previous month.

Here's how crypto mining companies performed on Thursday, September 1:


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