Bitcoin mining stock report: Thursday, May 5

All the main publicly traded bitcoin miners ended Thursday on a decline, a maybe unsurprising growth given the turbulence in US equities. 

Nonetheless, some fared higher than others.

Marathon’s inventory fell 10.47% on Thursday, a day after announcing during its Q1 earnings call a net loss of $13 million, regardless that bitcoin manufacturing rose by a “document” 1,259 within the first three months of the 12 months. 

After Riot introduced within the early hours of the morning that it was powering its new flagship mining facility in Texas and anticipating to begin mining subsequent week, the London-based firm’s inventory went up by about 10%, ultimately dropping again right down to related ranges and ending the day at a 0.83% drop.

Here’s a temporary have a look at how a few of the main crypto mining firms faired within the markets on Thursday, Might 5:

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