Bitfarms
Bitfarms Bought $43.2M of Bitcoin in the First Week of January
The purchase increased the publicly traded firm’s BTC holdings by 30% to over 4,300.
Bitfarms and Marathon Digital Both Mined Over 3K BTC in 2021
The two publicly traded miners also held onto almost all the bitcoin they mined.
Miner Bitfarms Raises $100M Bitcoin-Backed Loan From Galaxy Digital
The miner has already made an initial $60 million drawdown with a six-month term at an interest rate of 10.75%.
Bitfarms Mined 339 Bitcoin in November as Network Difficulty Increased
Bitfarms attributed the performance to new mining equipment driving a 16% increase in the hashrate.
Bitfarms Doubles Hashrate to More Than 2 EH/s
Bitcoin miner Bitfarms has received and installed 1,500 S19j Pro miners so far in November.
Bitfarms Buys 24MW Crypto Mining Facility in Washington State for $26M
The bitcoin miner plans to run approximately 6,200 Bitmain S19j Pro miners in the new hydro-powered facility, with potential capacity of 620 PH/s mining power.
Bitfarms Hits Record High Hashrate in October and Forecasts Additional Growth
The Canadian miner expects to expand its bitcoin mining power by 11% in November, after achieving 1.8 EH/s in October.
Bitfarms to Expand Production Facilities to Add 2.1 EH/s of Mining Power
The miner will add 78 megawatts of capacity utilizing its current hydro power contract.
Jack Dorsey: Square Considering Building a Bitcoin Mining System Soon
Ben Gagnon, chief mining officer at Toronto-based bitcoin miner Bitfarms, discusses the reactions and industry implications for Jack Dorsey's Square considering building a bitcoin mining system soon. Plus, insights into Bitfarms's growth strategy amid rising crypto mining expansion in the U.S. following China's mining ban.
Bitfarms’ Bitcoin Production Increases on New Mining Equipment
The company mined 1,050 bitcoins in the third quarter, up 38% from the second quarter.
