Almost every Bitcoin Mining stock tracked by The Block trended downward on Monday.
The cryptocurrency plunged close to $19,100 in the early morning after the latest mining difficulty update was posted but recovered in the following hours, settling at around $19,200 at market close, according to data from TradingView.
Greenidge Generation fell 24.14%, followed by Argo (-23.36% on Nasdaq), SAI.TECH (-11.38%) and Bit Digital (-7.63%).
TeraWulf fell 4.41% after announcing in the morning that it raised $17 million in equity and debt.
Here’s how crypto mining companies performed on Monday, Oct. 10:
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