Bitfarms Stock Rallied 72.86% Last Week - Time to Re-Rate?
BITF has taken off and the momentum isn’t fading. Is there a development the market’s quietly pricing in? Or is it time to re-rate the stock altogether?
BITF has taken off and the momentum isn’t fading. Is there a development the market’s quietly pricing in? Or is it time to re-rate the stock altogether?
Bitdeer (Nasdaq: BTDR) unveiled its Sealminer A3 line on Tuesday, pitching more terahash per watt for miners who count joules like pennies.
Shares of publicly traded bitcoin miners have staged a strong comeback over the past week, with several companies advancing sharply and a number setting fresh 52-week highs on Monday.
Bitcoin’s raw computing might just keeps flexing, and on Friday the network notched yet another record — blasting its hashrate up to 1,057 exahash per second (EH/s) or 1.057 zettahash per second (ZH).
On Wednesday, Sept. 10, data showed Bitcoin’s total hashrate climbed to 1,027 exahash per second (EH/s), notching another record high after bouncing back from a brief dip four days earlier.
While top-tier bitcoin miners have largely paused or slowed their fleet expansions, a group of smaller competitors accelerated growth in August, posting the strongest gains in bitcoin production.
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