2022-12-30 11:45 |
Bitfarms CEO Emiliano Grodzki has resigned. He will be replaced by Geoffrey Morphy, the company's chief operating officer. This comes amid a disastrous year for Bitcoin miners, causing some large firms to declare bankruptcy. origin »
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Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April.
2024-8-2 11:19 | |
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“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CEO Emiliano Grodzki.
2022-1-10 20:45 | |
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Bitcoin's price registered yet another ATH once again after Tesla's announcement. For bitcoin miners, they have been noting profit, and popular bitcoin mining firm, Bitfarms entered an agreement of prThe post Bitcoin mining company Bitfarms raises $31M appeared first on AMBCrypto.
2021-2-8 19:45 | |
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Bitfarms announced the placement Sunday.
2021-1-7 18:00 | |
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BitFarms, a publicly-listed Bitcoin mining operation in Canada, has raised funds amounting to CAD $20 million from U.S-based institutional investors in its latest investment round. According to a pThe post Canadian Bitcoin mining operation raises CAD $20M from U.S investors appeared first on AMBCrypto.
2021-1-5 14:30 | |
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Bitfarms’ gross profit and margin both turned negative on a year-on-year basis for the quarter. However, some nine-month results still managed to improve on a year-on-year basis. Q3 2020 revenue fell 30% year-on-year, from $ 9.
2020-11-27 23:13 | |
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BitFarms used high-interest-rate debt with large balloon payments to expand operations. Now it may struggle to pay off its debt, according to CoinDesk Research.
2020-7-28 19:06 | |
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A North American Bitcoin mining operator Bitfarms shared that they continued to mine BTC despite the violent sell-off triggered by investors' fear over the COVID-19. Interim CEO and Chief Strategy Officer, Emiliano Grodzki said, “We are pleased to see that, despite the challenges to traditional markets, our scale and quality of operations has allowed us […]
2020-4-8 21:28 | |
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The Canadian company purchased 25,000 A10 Avalon miners in a bid to boost their mining capacity. This happens even as it becomes harder for new bitcoins to be mined. It is attributed to the fact that the Bitcoin hash rate is going higher and higher almost daily. These new A10s were initiated in March, and […]
2019-9-23 17:42 | |
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By CCN: Canada continues to grow its reputation as a friendly destination for bitcoin mining, which has been of particular benefit to the country’s provinces. Canada is attractive because of its energy cost efficiencies, which at least one crypto mining operation is taking advantage of.
2019-5-14 00:25 | |
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Israel-based crypto mining company Bitfarms will be reportedly delisted from the Tel Aviv Stock Exchange due to a revenue drop caused by the price decline of Bitcoin last year
2019-4-2 23:26 | |
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Israel-based crypto mining company Bitfarms will be reportedly delisted from the Tel Aviv Stock Exchange due to a revenue drop caused by the price decline of Bitcoin last year
2019-4-2 23:26 | |
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От медвежьего рынка пострадали криптомайнеры всех масштабов. Цены на Биткоин и другие криптовалюты сильно обвалились, вынудив многих покинуть отрасль из-за нерентабельности. Однако есть и такие участники ниши, для кого эта рецессия открыла новые возможности для расширения. Журналисты Bitcoin.com пообщались с...
2019-3-28 14:15 | |
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Last week, cryptocurrency mining company Bitfarms filed a preliminary prospectus with the Ontario Securities Commission (OSC) in a bid to offer public shares on one of Canada’s most prominent bourses, reported Calcalistech on November 12, 2018.
2018-11-15 04:00 | |
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CryptoNinjas Bitfarms Technologies, a blockchain mining company, and owner of Backbone Hosting Solutions Inc. , today announced the public launch of its custom-built Bitcoin (BTC) mining pool, “Bitfarms Pool”.
2018-10-16 18:25 | |
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Electricity is the number one cost for cryptocurrency mining, giving an edge to whoever can secure it for the lowest price. Bitfarms, which has access to cheap renewable energy in Canada, reports that mining a single BTC cost the company just $1567 in the first half of the year.
2018-8-30 20:35 | |
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Bitcoin miners that weathered last year's bear market are reaping the benefits of higher Bitcoin prices in 2023. The post These Bitcoin Mining Stocks Are up Over 280% Year-to-Date appeared first on BeInCrypto.
Hut 8 has secured a $50 million credit facility from Coinbase Credit for financial flexibility and manage their Bitcoin treasury management strategy effectively before the halving. The post Mining Company Hut 8 Secures $50M Loan From Coinbase appeared first on BeInCrypto.
Bitcoin Miner Hut 8 records 20% lower Bitcoin revenue for 2022 despite mining 22% more Bitcoin than last year. The post Miner Hut 8 Sees Revenues Fall Nearly 20%, but Mines 28% More Bitcoin appeared first on BeInCrypto.
One of the biggest crypto mining companies sold the bulk of its Bitcoin holdings in June, realizing $167 million which it intends to use to repay debt. The post Bitcoin Mining Giant Offloads 7K Coins Raising More Than $167M appeared first on BeInCrypto.
Full-service digital finance platform Arcane Crypto has announced its first purchase of bitcoin mining equipment via subsidiary Arcane Green Data Services. The post Arcane Crypto Places First Bitcoin Mining Rig Order appeared first on BeInCrypto.
In a tweet earlier today, a Chinese journalist who goes by the handle @WuBlockchain attributed the Bitcoin hashrate declines to a blackout in Northwest China. The blackout was reportedly put in place for safety inspections.