Riots

A battle for ultimate ownership is heating up between two Bitcoin mining companies, with Canadian Bitcoin miner Bitfarms accusing Colorado-based Riot Platforms of attempting a hostile takeover.In its original proposal on May 28, Riot…

Bitcoin (BTC) miner Riot Platforms produced 215 BTC in May, a 43% decrease from last month.The decrease in mining revenue is a direct impact of the April 20 Bitcoin halving on the mining industry, which halved the mining rewards to 3.125…

As Riot Platforms continues its quest to buy rival miner Bitfarms, others are apparently interested as well.  And with a Bitfarms committee focused on determining the mining firm’s best option, it may take time for negotiations around…