Bitcoin mining stock report: Thursday, August 25

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.

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:


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About Author

Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado. She graduated from NYU with a MA in Journalism. Feel free to email any comments or tips to [email protected] or to reach out on Twitter (@catarinalsm).