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Bitfarms Ltd. (TSE:BITF – Get Free Report) shares dropped 2.2% during trading on Friday . The company traded as low as C$2.65 and last traded at C$2.68. Approximately 1,171,222 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 4,488,693 shares. The stock had previously closed at C$2.74. Wall […] ....
Bitfarms Ltd. (NASDAQ:BITF – Get Free Report) dropped 4.7% during mid-day trading on Wednesday . The company traded as low as $2.00 and last traded at $2.01. Approximately 8,821,139 shares were traded during trading, a decline of 65% from the average daily volume of 25,015,693 shares. The stock had previously closed at $2.11. Analysts Set […] ....
Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say. "The block reward halving tends to shake-out the weaker mining operations," Simon Peters, analyst for trading company eToro, told AFP. ....
Bitcoin miners are preparing for the halving, a key event in bitcoin s cycle that halves the reward for mining new blocks and occurs roughly every four years or every 210,000 blocks. ....