ICYMI: Bitcoin mining stock report: Wednesday, June 1
Wednesday was a difficult day for most Bitcoin miners on the stock markets.operational update
about the month of May, saw its stock go down by -6.47% on Nasdaq and -6.69% on the Toronto Stock Exchange. Per the statement, daily average production of bitcoin increased to 13.9 BTC a day — up 3% from April. Biftfarms mined 431 BTC in May, ending the month with 3.4 exahash per second online. “Bitfarms’ mining operations remain profitable, even with the drop in Bitcoin prices,” said Ben Gagnon, chief mining officer of Bitfarms.
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