Another dip! ! !
Another dip! ! !
In June, Bitfarms not only successfully fended off an acquisition attempt by industry rival Riot Platforms, but also achieved a significant leap in production, with a growth rate of 21%. According to the company’s announcement on July 1, a total of 189 Bitcoins were mined that month, and 134 of them were quickly sold for a total of $8.8 million. Currently, Bitfarms’ Bitcoin reserves have increased to 905, with a market value of approximately US$57 million, demonstrating its solid financial status and market operation capabilities.
However, the recent Bitcoin halving event has had a direct impact on output, resulting in the block reward being halved, which in turn caused Bitfarms' Bitcoin output in July to drop by 51% compared to June. Despite this, Bitfarms continues to have strong momentum in terms of hashrate scaling, having increased its hash rate to 11.4EH/s in June, with online hashrate as high as 10.4EH/s, an increase compared to the same period last year 96%, a significant improvement of 39% month-on-month. #非农就业数据即将公布
