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-0.00122960898434284 8.19739322895229E-05 -0.00811541929666368 -0.0204115091400934 8.19739322897049E-05 -0.0167226821870645 -0.0101647676039019 -0.0306582506762848
Stock impact report

HIVE continues to expand production even as Bitcoin dumps [Yahoo! Finance]

Bitfarms Ltd. (BITF) 
Company Research Source: Yahoo! Finance
short term market turbulence from long term infrastructure growth, arguing that leverage driven sell offs do little to alter the underlying thesis for Bitcoin and data centers Holmes acknowledged that price weakness is possible and pointed to excessive leverage as a recurring risk. “I think it could sell off a little pressure whatever is happening in the markets and trigger some shorts. It was not real cash buying. It was a lot of leverage buying. And anytime you get a lot of leverage buying and someone gets forced out you create a contagion and knock it down short term.” Related: Legendary hedge fund analyst warns Bitcoin is heading towards 1929-style crash Several large Bitcoin Miners have announced high-performance computing (HPC) centers or are completely shifting their businesses towards it, including Bitfarms, MARA, Hut 8, and others. To those who see the volatility of Bitcoin as too high-risk, HPC is a safer alternative that generates more revenue in many cases. Despi Show less Read more
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