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Crypto Trends

Bitcoin miners are located in October only with riots, galaxy, and basic scientific publishing gains ⋅ Crypto World Echo

Bitcoin mining shares showed mixed results in October, as many Bitcoin, which also recorded a modest decrease of 4.5 % so far.

index September 30) October 10 ($) Gain/loss ( %) Company Name
Riot 7.42 7.74 4.3 Riot control platforms
Glxy 17.36 17.70 2.0 Galaxy Digital
Corses 11.86 11.97 0.9 Core Scientific
Sato 0.25 0.24 -4.0 Sato textologies
Cifr 3.87 3.67 5.2 Craft mining
Mara 16.22 15.23 -6.1 Digital marathon property
Dmgi 0.49 0.46 -6.1 DMG Blockchain solutions
cell 3.13 2.91 7.0 Digital cell techniques
CLSK 9.34 8.66 7.3 Cleanspark
Slnh 3.13 2.88 -8.0 Soluna Holdings
Megi 1.24 1.13 8.9 Mousson infrastructure
hut 12.26 11.12 -9.3 8 mining cottage
house 2.22 1.79 19.4 bitfarms

Participant founder for energy mining analysis, Anthony Power, High The only positive artists are riots (RIOT), which increased by 4.3 %, from $ 7.42 to $ 7.74. Galaxy Digital (GLXY) witnessed a 2 % increase, moving from $ 17.36 to $ 17.70, and Core Scientific (Corz) increased by 0.9 %.

On the negative side, BitFarms (BitF) decreased by 19.4 %, decreased from $ 2.22 to $ 1.79. The 8.3 % mining cottage decreased by 9.3 %, and the MAWSON (Migi) infrastructure decreased 8.9 %. Other companies such as Soluna Holdings (SLNH) and Cleanspark (CLSK) have also witnessed losses.

Bitcoin price decreased by 4.5 % during the same period, starting from $ 64,311 and reaches about 61,401 dollars until the time of the press. This decrease affects the profitability of mining companies, as their revenues are closely related to bitcoin evaluation. Bitcoin in April, which reduced mining bonuses by half, may also affect mining workers and financial performance strategies.

Moreover, internal business, including Corporate management issues and Operating efficiencyThey started playing a greater role in shaping the market perception of workers, as the competition in the industry was not greater.

Pamphlet Bitcoin miners are located in October through basic scientific publishing gains, Galaxy, Basic Scientific Publishing gains First appear on Cryptoslate.

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