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The Latest Breaking News from Bitfarms

Bitfarms Provides November 2024 Production And Operations Update; 204 Total BTC Earned; 171 BTC Sold

Mining ReviewNovember mining operations generated 204 BTC compared to 236 BTC in October, reflecting a 1% increase in average operating EH and a 7% increase in Bitcoin difficulty.Key Performance

Benzinga

Bitfarms Settles Takeover Row With Riot Platforms, Co-founder Departs

Riot Platforms and Bitfarms have reached an agreement that seems to have placed the former's hostile takeover attempts on hold for now.

International Business Times

RIOT Blockchain On a Rampage: BitFarms Calls Out RIOTs Attempts to Centralize Bitcoin Mining

In the cut-throat arena of Bitcoin mining, Bitfarms and Riot Platforms Inc. are upping the ante. Bitfarms has sealed a $175 million deal to acquire ...

International Business Times

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Embattled Bitfarms Mines 189 Bitcoin In June Amid Ensuing Riot Platforms Clash

Bitfarms continues to operate as usual even with Riot Platforms' earlier attempts at a hostile takeover – it mined 189 Bitcoins during the BTC price downturn season and has been expanding operations.

International Business Times

Bitcoin Miners Are Selling Their BTC Reserves Amid Halving Impact: CryptoQuant

Crypto miners, specifically those mining Bitcoin, are selling their BTC reserves, CryptoQuant revealed this week, and among the sellers is mining giant Marathon Digital.

International Business Times

Bitfarms Announces 'Poison Pill' To Block Potential Riot Platforms Hostile Takeover

Bitfarms is attempting to block a potential hostile takeover by rival Riot Platforms following the latter's proposal to acquire the mining firm for $950 million.

International Business Times

Kerrisdale Shorts Riot Platforms, Says Bitcoin Miner 'Headed For A Mine Collapse'

Kerrisdale Capital is short on Riot Platforms, which it says is better off "playing energy arbitrage games" and issuing stocks than dabbling into the crypto mining sector.

International Business Times

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Bitcoin Miners Face Survival Test In 'Halving'

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.

International Business Times

3 Standout Blockchain Stocks to Buy Ahead of Bitcoin's Big Year

Investors who expect more upside for Bitcoin can gain exposure to the digital asset by investing in mining companies set to benefit from the halving event in 2024, as well as the expected launch of multiple ETFs.

Barchart

Crypto Miners Strategize To Navigate Bitcoin Halving Challenges

Major miners focus on reserves, fleet efficiency, and stranded energy to mitigate impact of upcoming halving event.

Zenger

There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again

Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”

Fortune

Why Shares Of Bitfarms Are Trading Higher Today

Bitfarms Ltd. (NASDAQ: BITF) shares are trading higher after the company announced that over the past week it has sold 3,000 Bitcoins for around a total of $62 million.

Benzinga

Why Bitcoin-, Ethereum- And Litecoin-Related Stock Bitfarms Is Diving Today

Bitfarms Ltd (NASDAQ: BITF) shares are trading lower by 7.00% at $1.89. The company reported first-quarter earnings results Monday morning.

Benzinga

Bitfarms Clocks 42% Revenue Growth In Q1 Amid Declining Bitcoin Prices

Bitfarms Ltd (NASDAQ:BITF) reported first-quarter FY22 revenue growth of 42% year-on-year to $40.3 million. Revenues were down from $60 million in 4Q21. Bitfarms mined 961 Bitcoin (BTC) at an average cost of production of $8,700 per BTC during Q1. The gross margin contracted 2,600 bps to 42% as costs surged 155.4% Y/Y. The…

Benzinga

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Benzinga

Why Bitcoin- And Ethereum-Related Stocks Are Skyrocketing Today

Shares of crypto-related stocks, including Bitfarms Ltd (NASDAQ: BITF), Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ:

Benzinga

Why Bitcoin- And Ethereum-Related Stocks Are Diving

Shares of crypto-related stocks, including Bitfarms Ltd (NASDAQ: BITF), Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ:

Benzinga

Why Bitcoin- And Ethereum-Related Stocks Are Getting Hammered Today

Shares of crypto-related stocks, including Bitfarms Ltd (NASDAQ: BITF), Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ:

Benzinga

Why Bitcoin-, Ethereum- And Litecoin-Related Stocks Are Diving

Shares of crypto-related stocks, including Bitfarms Ltd (NASDAQ: BITF), Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ:

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Benzinga

Why Bitcoin-, Ethereum- And Litecoin-Related Stocks Gained Today

Shares of crypto-related stocks, including Bitfarms Ltd (NASDAQ: BITF), Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ:

Benzinga

Why Bitcoin-, Ethereum- And Litecoin-Related Stocks Are Falling

Shares of crypto-related stocks, including Bitfarms Ltd (NASDAQ: BITF), Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ:

Benzinga

Why Bitcoin-, Ethereum- And Litecoin-Related Stocks Are Falling

Shares of crypto-related stocks, including Bitfarms Ltd (NASDAQ: BITF), Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ:

Benzinga

Why Bitcoin-, Ethereum- And Litecoin-Related Stock Bitfarms Is Rising

Bitfarms Ltd (NASDAQ: BITF) shares are trading higher by 13.4% at $4.23 after the company reported fourth-quarter EPS and sales results were higher year-over-year.

Benzinga

Chart Wars: Why Bitfarms, Hut 8 Stocks Look Set For Continuation As Bitcoin Soars

Bitfarms, Ltd (NASDAQ: BITF) and Hut 8 Mining Corp (NASDAQ: HUT) skyrocketed up 20% and 13.5%, respectively, at one point on Monday, in reaction to Bitcoin (CRYPTO:

Benzinga

Bitfarms Registers 426% Revenue Growth In Q4 Backed By Increasing Hash Rate

Bitfarms Ltd (NASDAQ:BITF) reported fourth-quarter FY21 revenue growth of 426% year-on-year to $60 million. Revenues improved 33% Q/Q. Bitfarms mined 1,045 Bitcoin (BTC) at an average cost of production of $8,000 per BTC. The gross margin expanded by 4,100 bps to 65%. The gross mining margin improved by 3,100 bps to 84%. The…

Benzinga

Why Bitcoin- And Ethereum-Related Stocks Are Trading Higher

Cryptocurrency-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA) Riot Blockchain Inc (NASDAQ: RIOT) and Bitfarms Ltd (NASDAQ:

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