Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
The hostile offer comes after a private offer to the board was rejected in April. [...]
The hostile offer comes after a private offer to the board was rejected in April. [...]
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine. [...]
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CoinShares projects the average cost of production for crypto miners post-halving at $37,856 per Bitcoin. [...]
The new rigs will add 7.6 EH/s to the firm’s self-mining capacity. However, the rigs won’t be installed until the first quarter of next year. [...]
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