Bitfarms


Finanças

Bankrupt Crypto Lender BlockFi Takes Two-Thirds Loss to Settle Bitcoin Miner Bitfarms' Debt

The miner had recently warned it might stop paying off the debt to bankrupt BlockFi.

A bitfarms mining site in Washington. (CoinDesk)

Vídeos

Bitcoin Miner Bitfarms Warns of Default

Bitcoin miner Bitfarms (BITF) might have already or may in the future stop making installment payments on a $20 million loan from bankrupt crypto lender BlockFi, effectively defaulting on the loan, according to a press release. As a result, Bitfarms is looking to modify the loan. "The Hash" panel breaks down the details of the loan.

Recent Videos

Finanças

Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan

The outstanding $20 million loan is secured by only $5 million in assets.

(Eliza Gkritsi/CoinDesk)

Vídeos

Alameda-Linked Wallet Movement; Bitcoin Miner Bitfarms' CEO Resigns

On-chain data cited by crypto research firm Arkham Intelligence suggested $1.7 million worth of tokens from Alameda-linked wallets were sold in the open market over a span of several hours on Wednesday. Plus, Bitfarms (BITF) co-founder and CEO Emiliano Grodzki stepped down from his position and former Chief Operating Officer Geoffrey Morphy has been promoted as his replacement.

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Publicidade

Finanças

Renuncia el CEO de Bitfarms y es sustituido por el COO

Emiliano Grodzki, el CEO saliente, cofundó la empresa canadiense en 2017.

El presidente de Bifarms, Geoff Morphy, fue promovido a CEO. (CoinDesk)

Finanças

Bitcoin Miner Bitfarms' CEO Resigns and Is Replaced by COO

Emiliano Grodzki, the outgoing CEO, co-founded the Canadian company in 2017.

El presidente de Bifarms, Geoff Morphy, fue promovido a CEO. (CoinDesk)

Finanças

La exposición de las empresas mineras de bitcoin al contagio de FTX podría perjudicar aún más a la industria

Core Scientific, Bitfarms y Genesis Digital Assets se encuentran entre las mineras que tienen una exposición directa o indirecta a las consecuencias.

Obra de IA sobre el colapso. (DALL-E/CoinDesk)

Finanças

Bitcoin Miner Bitfarms Pays Down $27M of Debt

The miner is trying to improve its liquidity during the crypto market downturn.

(Eliza Gkritsi/CoinDesk)

Publicidade

Finanças

Bitfarms abre una operación en Argentina y aumenta el hashrate a 4,1 EH/s

La compañía canadiense planea abrir el próximo año un segundo sitio de minería en el país dados los bajos costos de electricidad.

Un empleado de Bitfarms supervisa hardware de minería de bitcoin. (Aoyon Ashraf/CoinDesk)

Finanças

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

The Canadian company plans to open a second mining site in the country, which has low electricity costs, next year.

Un empleado de Bitfarms supervisa hardware de minería de bitcoin. (Aoyon Ashraf/CoinDesk)

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