- Bitfarms (TSX:BITF), a small-cap Bitcoin mining stock, added 57 Bitcoins to its coffers in October, bringing total coins held to 760, which are valued at approximately US$26 million
- The company has been ramping up its operating capacity amid BTC’s gain of approximately 107.8 per cent over the past 10 months
- Bitfarms is a global Bitcoin mining company
- Bitfarms stock (TSX:BITF) is up by more than 150 per cent year-to-date, but has lost approximately 30 per cent since inception in 2019
Bitfarms (TSX:BITF), a small-cap Bitcoin mining stock, added 57 Bitcoins to its coffers in October, bringing total coins held to 760, which are valued at approximately US$26 million.
October production declined 3.2 per cent from 411 BTC earned in September because network difficulty – which determines the computing power required to mine Bitcoin based on mining demand – increased by 9.4 per cent in October…
