Bitfarms Ltd. (BITF), the Canadian cryptocurrency mining company, is seeing a quiet trading day on Monday, June 10th, 2024. As of this writing (10:25 PM PST), the stock price sits at CA$3.30, unchanged from the opening price.This follows a week of positive momentum for Bitfarms.
Read MoreIn May, Stronghold Digital Mining experienced a significant decrease in its monthly Bitcoin mining output, with a decline of 47.1% compared to April. During May, the company mined 82 BTC, contrasting with the 155 BTC mined in April. Similarly, revenues for May dropped by 46% to $5.2 million compared to the previous month.
Read MoreBitcoin (BTC) has seen a decrease in its ticker value, now at $70,754. Riot Platforms, a prominent miner, produced 215 BTC in May, marking a 43% decrease compared to the previous month.
Read More