Most bitcoin mining companies fell on the stock market Tuesday, as bitcoin dropped below $20,000.
The coin was priced at around $19,900 at market close, according to data from TradingView.
Stronghold Digital Mining fell by 15.66%, followed by Argo Blockchain (-5.42% on Nasdaq), Mawson Infrastructure Group (-5.24%) and Greenidge Generation (-4.62%).
A few stocks still went up, including Cipher Mining (+7.10%) and Northern Data (+5.33%).
Here’s how crypto mining companies performed on Tuesday, August 30:
© 2022 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.
- Bitcoin
- Bitcoin mining
- blockchain
- blockchain compliance
- blockchain conference
- coinbase
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- ethereum
- graph
- machine learning
- Mining
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- stock market
- The Block
- W3
- zephyrnet
More from The Block
EquitiesFirst owes crypto lender Celsius $439 million: Financial Times
Source Node: 1574960
Time Stamp: Jul 15, 2022
Bitcoin mining hashrate plunges more than 30% amid America’s big winter storm
Source Node: 1777927
Time Stamp: Dec 25, 2022
Federal Reserve’s FedNow payments system will be live within a year, says Brainard
Source Node: 1645096
Time Stamp: Aug 29, 2022
Law firms seek to replace Roche Freedman as lead counsel in Tether case
Source Node: 1655179
Time Stamp: Sep 6, 2022
Lightnet secures $50 million LDA capital commitment for remittances
Source Node: 1644375
Time Stamp: Aug 29, 2022
Digital Currency Group backs DAO tooling startup Mural in $5.6 million seed round
Source Node: 1636339
Time Stamp: Aug 23, 2022
U.S. prosecutors probing FTX founder Sam Bankman-Fried in potential fraud case: Bloomberg
Source Node: 1770022
Time Stamp: Dec 10, 2022