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Bitcoin mining stock report: Thursday, August 25
UPDATED: September 7, 2022, 10:41PM EDT
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://www.theblockcrypto.com/" target="_blank">The Block</a></span></span></span>
Quick Take
- Bitcoin mining stock had mixed results in the markets on Thursday.
- Argo Blockchain’s stock fell by 2.28% on Nasdaq after announcing a slowdown in hash rate growth.
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Bitcoin mining companies tracked by The Block had mixed results in the markets on Thursday.
The coin was trading at around $21,600 during market close, according to data from TradingView.
Argo Blockchain fell by 2.28% on Nasdaq after announcing on Wednesday that it had cut down its hash rate guidance for the end of the year from 5.5 to 3.2 EH/s.
Marathon's fell by 6.53% and Core Scientific's fell by 6.20%, while BIT Mining's rose by 9.95%.
Here's how crypto mining companies performed on Thursday, August 25:
