Bitcoin mining stock report: Monday, October 3

Bitcoin • October 3, 2022, 4:26PM EDT
The Block

Quick Take

  • Share prices for most bitcoin miners rose in the markets on Monday.
  • TeraWulf, Digihost Technologies, Hut 8 and Core Scientific were among the best-performing mining stocks.

Most bitcoin mining stocks tracked by The Block trended upwards on Monday, as the cryptocurrency rallied.

The cryptocurrency was trading at around $19,500 by the end of the trading session, according to data from TradingView.

TeraWulf's stock rose 12.70%, followed by Digihost Technologies (+10.77%), Hut 8 (+7.30% on Nasdaq) and Core Scientific (+5.38%)

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Bitfarms was up 2.86% on Nasdaq and 1.39% on the Toronto Stock Exchange after announcing its September production updates. The miner started production at its new facility in Argentina and reached a hash rate of 4.2 exahashes per second in September.

Here's how crypto mining companies performed on Monday, Oct. 3:


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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).