Most bitcoin mining stocks tracked by The Block declined on Tuesday.
Bitcoin was trading at around $20,400 at market close, according to data from TradingView.
Argo Blockchain fell 18.03% on the Nasdaq and 11.12% on the London Stock Exchange, following news that it might become cash flow negative due to a financing deal that fell through.
Core Scientific's price fell by 10.35% after announcing on Oct. 27 that it could run out of cash by the end of the year.
Greenidge Generation Holdings fell 8.46%, followed by Marathon Digital Holdings (-6.79%), and Riot Blockchain (-6.39%).
Here's how crypto mining companies performed on Tuesday, Nov. 1:
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