<p>Most bitcoin mining stocks tracked by The Block rose alongside Bitcoin, which returned to the $17,000 level by market close, roughly a 3.6% increase from yesterday, according to data from TradingView.</p> <div class="c-message_kit__gutter"> <div class="c-message_kit__gutter__right" role="presentation" data-qa="message_content"> <div class="c-message_kit__blocks c-message_kit__blocks--rich_text"> <div class="c-message__message_blocks c-message__message_blocks--rich_text" data-qa="message-text"> <div class="p-block_kit_renderer" data-qa="block-kit-renderer"> <div class="p-block_kit_renderer__block_wrapper p-block_kit_renderer__block_wrapper--first"> <div class="p-rich_text_block" dir="auto"> <div class="p-rich_text_section">Bitcoin and Ether prices <a class="c-link" tabindex="-1" href="https://www.theblock.co/post/191071/bitcoin-trades-over-17000-following-powells-speech-december-decisions-loom-large" target="_blank" rel="noopener noreferrer" data-stringify-link="https://www.theblock.co/post/191071/bitcoin-trades-over-17000-following-powells-speech-december-decisions-loom-large" data-sk="tooltip_parent" data-remove-tab-index="true">rose as Fed Chair Jerome Powell spoke</a> earlier today, echoing last week's minutes from the Federal Open Market Committee’s latest meeting showing that rate hikes are <a class="c-link" tabindex="-1" href="https://www.theblock.co/post/189560/crypto-prices-pares-initial-gains-after-fed-minutes-show-a-slow-down-soon" target="_blank" rel="noopener noreferrer" data-stringify-link="https://www.theblock.co/post/189560/crypto-prices-pares-initial-gains-after-fed-minutes-show-a-slow-down-soon" data-sk="tooltip_parent" data-remove-tab-index="true">likely to slow</a>.</div> </div> </div> </div> </div> </div> </div> </div> <p><img class="alignnone size-full wp-image-191140" src="https://www.tbstat.com/wp/uploads/2022/11/BTCUSD_2022-11-30_16-33-06.png" alt="" width="931" height="608" /></p> <p><a href="https://www.tradingview.com/chart/?symbol=COINBASE%3ABTCUSD" target="_blank" rel="noopener"><em>BTCUSD Chart by TradingView</em></a></p> <p>TeraWulf shares rose by 14.% today after falling by 7.9% yesterday. The firm made an operational update on Monday that outlined a 76% increase in self-mined bitcoin from September to October and new initiatives to cut its run-rate by 25% over the next 12 months.</p> <p>The firm also announced that it was mining approximately 4.6 bitcoin per day, at a hash rate of approximately 2.0 EH/s. </p> <p>Argo Blockchain saw its shares fall by almost 13% on the London Stock Exchange, while Cipher Mining fell 12%.</p> <p>Shares of Greenidge Generation Holdings rose today by 13%. </p> <p><em>Here's how crypto mining companies performed on Wednesday, Nov. 30:</em></p> <p><img class="alignnone size-full wp-image-191138" src="https://www.tbstat.com/wp/uploads/2022/11/Screen-Shot-2022-11-30-at-4.14.19-PM.png" alt="" width="657" height="439" /></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>