In July, several publicly traded bitcoin miners, including Marathon Digital, Riot Platforms, CleanSpark, and Bitfarms, released their monthly mining reports. Two of the miners saw modest gains in hashing power, while two remained flat. Marathon Digital attributed its gains to the completion of its facility in North Dakota. Riot mined 11% fewer bitcoin compared to June due to offline miners in its Texas location caused by a severe winter storm. In the stock market, Marathon outperformed its peers, while Riot, CleanSpark, and Bitfarms had mixed performance.
AI Sentiment: Negative