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From its all-time high of $0.73 on May 8, 2021, the price of Dogecoin (DOGE) has dropped 80.5%. Just under two weeks ago, on June 5, 2024, the price of TON (The Open Network) cryptocurrency hit a new all-time high of $7.78. There was a 1.47 percentage point increase from the prior record. $DOGE



From its all-time high of $0.73 on May 8, 2021, the price of Dogecoin (DOGE) has dropped 80.5%. Just under two weeks ago, on June 5, 2024, the price of TON (The Open Network) cryptocurrency hit a new all-time high of $7.78. There was a 1.47 percentage point increase from the prior record.


$DOGE

Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Szponzorált elemet tartalmazhat. Lásd a Feltételeket.
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The five-day movement of mining company stock prices: Bit Digital (BTBT): 0%, Bitfarms (BITF): +13.77%, Argo Blockchain (ARBK): -3.71%, Riot Blockchain (RIOT): +7.96%, HIVE Blockchain (HIVE): +5.65%, and Marathon Digital Holdings (MARA): -3.71%.
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May saw 63.3 BTC generated by Bit Digital, a decrease of 47% compared to the previous period. Near the month's end, the business's hashrate was about 2.54 EH/s. Treasury reserves in the first cryptocurrency were estimated by Bit Digital to be 1,038.4 BTC and in the second cryptocurrency to be 20,508.3 ETH. As of May 31, the fair market value of the first cryptocurrency was approximately $70.1 million, and the second cryptocurrency $77.1 million. A total of $47.3 million was held by the company in cash and equivalents. $BTC
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After mining 269 BTC in April, Bitfarms mined just 156 BTC in May, a decrease of 42%. The monthly hashrate was 7.5 EH/s when it came to a close. Reductions in block rewards following the halving, falling production volumes in Argentina, and downtime caused by equipment upgrades all contributed to Bitfarms' decreased production. With the sale of 136 bitcoins, the business made $8.9 million. Eight hundred fifty bitcoins, or around $57.2 million as of May 31st, were in circulation. After proposing to acquire Riot Platforms, Bitfarms' board of directors approved a shareholder rights plan in June. To avoid an immediate danger to the strategic review process, the initiative (sometimes called a "poison pill") establishes a stock holding threshold of 15% before activating. $BTC
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Compared to 212 BTC in the prior period, HIVE Blockchain Technologies' May production was 119 BTC (3.8 BTC per day). Compared to April, the mining company's holdings of 2,451 BTC at the end of the month were up 3%. With HIVE finishing the month at 5 EH/s, the average hashrate was 4.9 EH/s. $BTC
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Riot Platforms has mined 215 BTC in the last 30 days. This is a 43% decrease from April and a 68% decrease from May 2023 levels. The amount of bitcoin held by the company is 9084 BTC. Estimates put the hashrate at 14.7 EH/s as of the month's end. Additionally, the Rockdale (Texas) facility has started removing troublesome equipment and implementing new Microbot M60S, according to the company. Hence, there was an 850 PH/s drop in the enterprise's hashrate from April. Also, the Corsicana data center was out of commission for about three days after a lightning strike. Once the security system had been checked, operations could resume. Rival Riot Platforms proposed to Bitfarms' board of directors in May that they buy all publicly traded shares for $2.3. The Canadian Bitcoin miner's representatives deemed it as "severely underestimating the company and its growth prospects.". Riot boosted its beneficial ownership in Bitfarms from 12% to 14% in early June. $BTC
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