Bitcoin mining stock report: Thursday, September 1

Mining • September 1, 2022, 4:45PM EDT
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.

Quick Take

  • Bitcoin mining companies saw their stock prices go down on Thursday.
  • Bitcoin’s was valued at roughly $19,900 at market close.

Bitcoin mining stocks were down Thursday, some by double digits, as the coin's value fell from the previous day.

Bitcoin was trading at around $19,900 at market close, according to data from TradingView.

Bitcoin mining revenues were up in August by 10% month-over-month, according to data compiled by The Block Research.

Northern Data's stock fell 14.43%, followed by Digihost (-12.75%), Cipher Mining (-10.95%) and SAI.TECH (-10.23%).

Bitfarms was down by 5.17% on the Toronto Stock Exchange after the company announced Thursday morning that it mined 6.8% more BTC in August compared to the previous month.

Here's how crypto mining companies performed on Thursday, September 1:


© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

AUTHOR

Catarina Moura profile picture Catarina Moura

Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado. She graduated from NYU with a MA in Journalism. Feel free to email any comments or tips to [email protected] or to reach out on Twitter (@catarinalsm).

See More

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on

More by Catarina Moura