
$Mara(MARA.US) dipped slightly, $CleanSpark(CLSK.US) fell over six percentage points. The BTC mining sector is collectively declining today. The BTC price itself is hovering around $67,000 without major movement. The pullback in mining companies is more due to marginal pressures from mining rig depreciation / electricity costs, coupled with the dilution of single-mine profits from rising hash rates after the July halving.
Both are BTC hashrate proxies, lacking the extra narrative of something like an ETH treasury, purely operational leverage. It's difficult for them to break out independently before BTC breaks $70,000; if you're holding, you can only wait.
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