RE:Bitfarms sold almost all there bitcoin that’s why sp lowIf you've been here a long time you know how much BS this guy regurgitates.
Bitfarms sold about half their holdings (3349 BTC for 67.5 million) in late June. SINCE them, they were mining about 14 BTC a day around the time they sold, but they're up to 17 a day now, so they've added over a 1000 new BTC, which is about a 30% increase from their post-sale holdings.
Not saying if this is good or bad, just correcting 'fake news'. All that in a bit over 2 months. This means that in another 4 months and a bit, they'll have recovered from the sale and be back to where they were.. BUT... they won't have the loan they paid down with the sale hanging over their head. Oh, and their hash rate keeps going up, so in 4 months, we won't be looking at just 17 BTC a day, that'll be in the rear view mirror.
MHO
B.