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Stock impact report

Bitcoin ‘Halving' Spurs Exodus of Old US Mining Computers Abroad [Yahoo! Finance]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Yahoo! Finance
refreshed and resold to buyers overseas looking to profit from mining in lower-cost environs. Most Read from Bloomberg Putin Rejected Terror Alert Before Deadliest Attack in Decades Putin Says Moscow Attack Suspects Detained on the Way to Ukraine Catherine, Princess of Wales, Says She's Being Treated for Cancer NY Gears Up to Seize Trump Westchester Assets If Fraud Fine Is Unpaid Baltimore Wants to Sell Hundreds of Vacant Homes for $1 Each Wholesaler SunnySide Digital operates the 35,000 square-foot facility taking in the equipment from a mining client. The outdated machines are among several hundred-thousand it expects to receive and refurbish around a major quadrennial update in the Bitcoin blockchain. Known as the halving, the late April event will slash the reward that's the main revenue stream for miners, who will try to lessen the impact by upgrading to the latest and most efficient technology. With electricity the biggest expense, mining companies including publ Show less Read more
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