BITF closed at $2.21 on Tuesday, 4% below Riot's offer of $2.30 per share
Riot proposes takeover after accumulating 9.25% stake in rival Bitfarms
Bitcoin daily production benchmark declined to 0.79 BTC/EH/s in May
Northern Data mined 447 BTC at an average energy and OpEx of $28,500 per BTC
Also updating the price-hash ratio of mining pubcos
Bitcoin's hashrate initially remained flat after the previous difficulty adjustment until Monday this week
2,300 Antminer S19J Pros were seized in a recent anti-graft operation
BitFuFu claims to have over 320,000 cloud mining customers
But numbers for Q2 will likely be much lower
Target of 21 EH/s by 2024 "remains on schedule," chief mining officer said.
Bitfarms chairman and co-founder Nicolas Bonta has been appointed interim president and CEO
A mining fleet of 0.5 EH/s is equivalent to running 2,500 units of the Antminer S21