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Published: 09.07.2021

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Expansion of crypto mining farms around the globe
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Expansion of crypto mining farms around the globe

Crypto Farms are hitting the headlines every week and interest in mining has become explosive. Meanwhile, certain companies tend to build their own huge mining farms and strive for bigger profits. Let’s have a glance at several major crypto farms and focus on recent trends.
Bitcoin officially joins the US Stock Exchange
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Bitcoin officially joins the US Stock Exchange

Bitcoin has been officially approved by the US Stock Exchange – on October 19, the world’s first trading of the Bitcoin Strategy ETF was successfully launched in New York. In two days of trading, Bitcoin assets managed by the exchange-traded fund exceeded $1 billion. The Bitcoin Strategy ETF thus became the first US exchange-traded fund to be officially approved for Bitcoin contracts.
BTC Powers Back to $50K
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BTC Powers Back to $50K

Bitcoin is gaining ground! BTC price is on the move again, hitting its highest level since mid-May. It peaked at $50,270, adding 3% on the day. It has recovered more than 72% since June. The crypto asset’s overall market valuation is currently at $942 billion. This could be a sign that the “capitulation period has ended and the market is back on solid ground,” Coin Metrics wrote in a Tuesday newsletter.
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