According to Cointelegraph, bitcoin mining companies experienced significant declines in early October. TeraWulf, Core Scientific, Cipher Mining and IREN each fell more than 12%. The downturn occurred as inflation pressures increased for firms focused on AI infrastructure. These factors contributed to the broader selloff observed on Wall Street, which represents the worst decline since July of this year. No additional details about timing beyond the reference to early October or specific company performance metrics were provided.
