Market Correction, Public Miner Moves and LoFi Mining Radio

Published: Sat, 06/18/22

June 18, 2022
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Mining Market Update

June 13-17

 

Five stories miners have to know

Miners dumped into the open market while one of the largest Russia oil and gas firms announced a mining partnership. Get the quick hits on the top five stories from the week that was.

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Miners sell Bitcoin, refinance as margins collapse

Public miner margins shed some 21.6% in the month of May across all listed North American firms, turning voluntary hodlers into forced sellers at a lower prices. We check in on the market with emphasis on two miners.

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How Bitcoin can eat the global financial market

Bitcoin can eat into other markets, becoming a global settlement network for all financial products. With the help of miners and scaling improvements like the Lightning Network (LN), Bitcoin could consume equities, futures, and more. We explore the numbers.

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Understanding Bitcoin mining monthly production updates

Take a look at Bitcoin mined per exehash (EH/s), a common metric derived from public miner disclosures used to compare relative competitiveness across mining operations.

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Top Ten Weekly Winners

LoFi Mining Radio | Beats To Mine/Hash To

At the farm this weekend? Tweaking hashboards? Troubleshooting airflow? We got a lofi mining playlist just for you.

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Ten Years In Bitcoin

We sit down with industry veteran and Core Scientific co-founder Darin Feinstein to talk about Bitcoin, its ascension to mainstream capital markets and his take on the China Bitcoin mining ban one year later in this episode of the Compass Podcast.

Click here to watch the recording.

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About Compass: Compass is a Bitcoin mining and modern media company focused on driving the mass adoption of cryptocurrency mining.

  
 

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