Bitmain Antminer S9s
Bitmain Antminer S9s

Crypto Mining Stock Update 2/4/2022

Bitcoin mining stocks are up as Bitcoin reclaimed $40k last week, and many bitcoin miners disclosed their January production updates.

Colin Harper
Colin Harper

Bitcoin reclaimed a $40k handle in a swift Friday rally, as mining stocks followed suit, moving significantly higher. January updates began to trickle in this week. Most miners reported expected hashrate growth and growing Bitcoin balances. Bitfarms announced the commencement of operations at its 10MW site in Paraguay.

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Head of Content @ Luxor