Bitcoin mining stock report: Monday, August 1

Quick Take

  • Here’s how crypto mining companies performed on Monday, August 1.

About half of the bitcoin mining companies tracked by The Block were up and the other half were down on the stock market on Monday.

The coin was trading closer to $23,00o at market close, after climbing above $24,000 over the weekend.

SAI.TECH, CleanSpark and HIVE Blockchain's stock went up by 10.91%, 9.27% and 8.65% (on the Toronto Stock Exchange), respectively.

On the other side, Stronghold Digital Mining was down by 7.17%, followed by Marathon (-5.54%) and Cipher Mining (-5.23%).

Bitcoin miner Bitfarms announced in a July update that it increased total energy capacity by 21% last month, reaching a total of 166 megawatts.

The company was down by 3.42% on Nasdaq at market close.

Here's how crypto mining companies performed on Monday, August 1:

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