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Bitfarms Ltd. tanks by 15%

In simple words, Bitcoin mining is the process in which miners use high computing power to solve complex cryptographic functions to verify and add Bitcoin transactions to the blockchain network. For each successful block addition, the miner is rewarded with Bitcoin. The stock of the Bitcoin mining company, Bitfarms Ltd. (Nasdaq: BITF), fell more than 15% to close at $2.59 on Sep. 23. It is an extraordinary decline for a stock that had been soaring for more than two past weeks.Founded in 2017, Bitfarms is a Canada-based Bitcoin mining company that operates 14 data centers across the Americas. Is Bitcoin mining a rewarding adventure ?

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