Tag: Bitfarms
Bitfarms Hits Record High Hashrate in October and Forecasts Additional Growth
Canadian miner Bitfarms plans to grow its mining capacity to more than 2 exahashes (EHs) per second in November after hitting a record hashrate las [...]
Bitfarms to Expand Production Facilities to Add 2.1 EH/s Mining Power
Bitfarms (BITF), the Canadian crypto miner, is constructing two new production facilities in Sherbrooke, Québec that are slated to be completed in [...]
Bitfarms Bitcoin Production Increases on New Mining Equipment — CoinDesk
“With scheduled monthly deliveries totaling 55,000 miners over the next 15 months and new high-power production facilities coming online, we are re [...]
Bitfarms’ shares stoop on Nasdaq debut amid crypto market pull-back
The extremely anticipated Nasdaq debut of renewable energy-focused BTC mining agency, Bitfarms (BITF), noticed the corporate’s inventory fall by as [...]
Bitfarms estimates Argentinian facility will cut back BTC mining prices by 45%
Canadian Bitcoin mining agency Bitfarms has up to date its plans for growth in South America, revealing it has secured an eight-year contract to at [...]
Bitfarms set to amass 48,000 new miners in 2022 regardless of chip scarcity
One of many largest publicly traded Bitcoin mining operations on the planet, Bitfarms, has undertaken to buy 48,000 new miners over the following t [...]
Bitcoin Miner Bitfarms to Increase $31M in Sale of Shares to Institutional Traders
The extra funding will go in direction of the acquisition of extra miners, increasing infrastructure and boosting working capital.
www.coindesk. [...]
Bitfarms Closes Its Second $15M Non-public Placement in a Week
Bitfarms was capable of promote far few shares for a similar quantity of proceeds due to a 45% rise in its inventory worth within the final week.
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Bitcoin Miner Bitfarms Closes $15M Brokered Non-public Placement
Bitfarms introduced the location Sunday.
www.coindesk.com [...]
Bitcoin Miner Bitfarms Leases 2,000 Rigs From BlockFills, Has Possibility for As much as 7,000 Extra
Bitfarms enhance its mining energy by 360 PH with the brand new lease, set to run for 24 months.
www.coindesk.com [...]
Why Debt Financing Might Be a Double-Edged Sword for Bitfarms
Industrial-scale bitcoin mining is an especially capital-intensive enterprise. Debt financing might be a gorgeous means for elevating the funds wan [...]
Bitcoin Mining Is ‘Important’ Underneath Canada’s COVID-19 Plan
The “Nice Lockdown” is redrawing the bitcoin mining panorama because the financial disaster makes smaller operations much less worthwhile and entry [...]
Crypto Miner Bitfarms Cuts Prices and Reduces Employees On account of COVID-19 Disaster
Publicly-listed Canadian mining and blockchain infrastructure agency Bitfarms is briefly decreasing workers, citing the financial and social toll [...]