News about BITFARMS

News about Bitfarms

Bitfarms Hashrate Hits 4 EH/s After Building Argentina Farm

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Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s - CoinDesk

Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s& & CoinDesk

Bitcoin Mining Company Bitfarms Kickstarts Megafarm Operations In Argentina | Bitcoinist.com - Bitcoinist

Bitcoin Mining Company Bitfarms Kickstarts Megafarm Operations In Argentina | Bitcoinist.com& & Bitcoinist

Bitcoin Mining Company Bitfarms Kickstarts Megafarm Operations In Argentina

Bitfarms’ megafarm Bitcoin facility situated in Argentina is now online and already contributing to the overall hashrate of the Bitcoin network. This after the farm, which started its construction on October 2021, was finally unveiled and started ope...

Bitfarms Starts Bitcoin Megafarm Operations in Argentina

Bitfarms, a global Bitcoin mining company, has started operations in its mining megafarm located in Argentina. The farm, launched on September 16, is currently generating 10 megawatts (MW) of mining power during the first phase and will scale operati...

Bitfarms Starts Bitcoin Megafarm Operations in Argentina – Mining Bitcoin News - Bitcoin News

Bitfarms Starts Bitcoin Megafarm Operations in Argentina – Mining Bitcoin News& & Bitcoin News

Bitcoin Miner, Bitfarms Reported High Increase in Miner Revenues - The Coin Republic

Bitcoin Miner, Bitfarms Reported High Increase in Miner Revenues& & The Coin Republic

Bitfarms Reports Higher BTC Production Following Increase In Miner Revenues

Public bitcoin miners have had a difficult couple of months since the price of bitcoin dropped below the $30 level. The digital asset’s mining revenues had plummeted with the price and had brought down the cash flow on bitcoin miners with it. Despite...

Bitfarms Increases Bitcoin Mining In August 2022 By DailyCoin - Investing.com

Bitfarms Increases Bitcoin Mining In August 2022 By DailyCoin& & Investing.com

Bitcoin Miner Bitfarms Posts $142M Loss in Q2 as Rising Energy Prices Bite - Decrypt

Bitcoin Miner Bitfarms Posts $142M Loss in Q2 as Rising Energy Prices Bite& & Decrypt

Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” n...

Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn

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Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

Canadian crypto mining firm Bitfarms sold roughly $62 million worth of Bitcoin (BTC) in June, using the proceeds from the sale to reduce its debt.In a Tuesday announcement, Bitfarms said it had sold 3,000 Bitcoin in the last seven days, roughly 47% o...

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms Ltd, a global Bitcoin self-mining company headquartered in Canada, on Friday that it entered into an equipment financing agreement to stabilize its financials amid the plunge in crypto prices. Bitfarms announced plans to sell 1,500 of it...

Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam

Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that c...

Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022

Bitfarms Ltd, a Canadian Bitcoin mining company, announced its financial results for the first quarter ended March 31, 2022. Bitfarms said on Monday that it has mined 961 Bitcoin (BTC) at an average cost of production of $8,700/BTC during Q1 2022....

Bitcoin vs. BTC miner stocks: Bitfarms mining chief explains key differences

Amid Bitcoin (BTC) mining stocks such as Hut 8 Mining touching multi-month lows, a major industry executive has outlined key differences between BTC investment and investing in BTC-linked stocks.Ben Gagnon, chief mining officer of the major Bitcoin m...

Bitfarms (BITF) mined 1,045 bitcoin (BTC) in Q4

Canadian crypto miner Bitfarms (BITF) on Monday morning(Mar 28, 2022) reported revenue of $60 million for the fourth quarter of 2021, up 33% from $45 million in the third quarter and up 426% from the fourth quarter of 2020. The company mined 1,045 Bi...

Bitfarms Buys Land to Open New Mining Facility in Canada

Bitfarms, a corporate player in the bitcoin mining world, has announced a new acquisition of land and a facility in Canada. The purchased land is located in Sherbrooke, Quebec, and according to a press release issued by the company, it will serve to...

No fear. Bitfarms buys another 1,000 bitcoins, increasing the total to $ 177 million

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Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High

Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more than 4,300 bitcoins. Mining Company B...

Bitfarms purchased more than $43M in Bitcoin to start the new year

“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CE...

Bitfarms Bought $43.2M of Bitcoin in the First Week of January

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Bitfarms expands to US, plans green crypto mining operation in Washington

The company estimates the completed U.S. facilities will be able to produce 3.7 Bitcoin daily at a cost of roughly $4,000 per BTC. Canadian Bitcoin mining company Bitf...

Bitfarms Reveals Argentina Mega-Mining Farm Location Details

Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that the Bitcoin mega mining farm, whose construction started last month, will be built in the province of Cordoba, in...

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