Tag: Bitfarms
Nasdaq warns Bitcoin mining firm Bitfarms about share price deficiency
The Canadian Bitcoin (BTC) mining firm Bitfarms is facing compliance challenges over its listing on Nasdaq due to the ongoing cryptocurrency winter.Bi [...]
Bitcoin Miner Bitfarms Pays Down $27M of Debt
The miner is trying to improve its liquidity during the crypto bear market.
www.coindesk.com [...]
Bitfarms abre una operación en Argentina y aumenta el hashrate a 4,1 EH/s
“Gracias al atractivo precio de la electricidad acordado el año pasado bajo un contrato privado de ocho años, se espera que las dos instalaciones redu [...]
Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s
"With attractive electricity pricing established last year under an 8-year private party power contract, both facilities are expected to lower overall [...]
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 [...]
Miner Bitfarms Sold Almost Half Its Bitcoin to Reduce Debt
The miner sold 3,000 BTC in the past week to reduce its Galaxy credit facility. It also closed an NYDIG equipment-financing loan.
www.coindesk.com [...]
Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan
Crypto miner Bitfarms (BITF) raised $34 million with the sale of 1,500 bitcoin (BTC), applying those funds to trim a credit-backed facility from Galax [...]
Bitcoin Miner Bitfarms Lowers Hashrate Outlook to 6 EH/s This Year
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Bitfarms mining chief explains key differences
Amid Bitcoin (BTC) mining stocks like Hut 8 Mining touching multi-month lows, a major industry executive has outlined key differences between BTC inve [...]
Bitfarms Reports Q4 Revenue Growth of 33% to $60M, Along With Margin Expansion
Operating income in Q4 was $15 million, and net income was $10 million, or $0.05 per share. Adjusted EBITDA of $44 million, or 74% of revenue was up f [...]
Bitfarms purchased more than $43M in Bitcoin to start the new year
Canadian crypto mining firm Bitfarms has already bought 1,000 Bitcoin in 2022, making its total holdings of the crypto asset more than $177 million [...]
Bitfarms Mined 339 Bitcoin in November as Network Difficulty Increased
Mining company Bitfarms said it mined 339 bitcoins in November, down from 343 in October, as network difficult increased.The Nasdaq and Toronto Sto [...]
Bitfarms Doubles Hash Rate to More Than 2 Exahash per Second
Bitfarms (BITF), the Canadian bitcoin miner, has doubled its mining power over the last eight months, the company said in a statement on Monday.The [...]
Bitfarms expands to US, plans green crypto mining operation in Washington
Canadian Bitcoin mining company Bitfarms is planning to build its first data center in the United States following the purchase of a land plot in W [...]
Bitfarms Buys 24MW Crypto Mining Facility in Washington State for $26M
“This low-cost power combined with the industry leading efficiency of the Bitmain S19j Pro means 6,200 miners in Washington could yield nearly 3.7 [...]