Bitfarms

Bitfarms

Finance

Bitfarms Increases Revenue by Almost 400% in Q2

The crackdown on crypto mining in China has helped the results and outlook for the Canadian bitcoin mining firm.

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.

Markets

Bitfarms' Bitcoin Production Rose 47.5% in July

Bitfarms mined 391 bitcoin in July, its best monthly output on record.

Stack of bitcoin miners

Markets

Why Crypto Miners Are Expanding Beyond Quebec

Two large bitcoin miners are growing beyond Quebec because of restrictions on the use of power to run their operations.

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Videos

Impact of China’s Crypto Crackdown

Ben Gagnon, Chief Mining Officer of Canadian bitcoin miner BitFarms, on what to make of China’s crackdown on mining operations. Plus, his outlook for the mining community in China and across the globe.

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Videos

Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq

Toronto-based bitcoin miner Bitfarms has received approval for common stock listing on the Nasdaq, something Bitfarms President Geoffrey Morphy says is a longtime dream that will help the company grow in the international market. Morphy weighs in on Bitfarms' expansion plans and the technological improvements Bitfarms has to make mining more eco-friendly.

Recent Videos

Markets

Canadian Bitcoin Miner Bitfarms Approved for Nasdaq Global Market Listing

Bitfarms, a Canadian bitcoin miner, has been approved to list its common stock on the Nasdaq Global Market.

Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.  (CoinDesk archives)

Markets

Bitfarms Plans 210 MW Bitcoin Mining Facility in Argentina

The Canadian mining firm’s project will be able to power some 55,000 new-generation mining machines.

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.

Videos

Bitcoin Mining and the Environment

Bitfarms CEO Emiliano Grodzki weighs in on the energy controversy surrounding bitcoin mining and the institutional demand for “clean” mining.

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Finance

Bitfarms Plans Massive Bitcoin Mining Expansion With Purchase of 48,000 MicroBT Devices

The company expects the miners to increase its hashing capacity to 8.0 exahashes from its present 1.0 EH once all are operational.

Bitcoin miners

Markets

Bitfarms Closes Its Second $15M Private Placement in a Week

Bitfarms was able to sell far few shares for the same amount of proceeds thanks to a 45% rise in its stock price in the last week.

Price action for shares of Bitfarms