2021-1-14 05:08 |
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. origin »
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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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Bitcoin Magazine Bitcoin Miner Bitfarms (BITF) to Exit Bitcoin Mining, Pivot to AI Computing Bitfarms is winding down its Bitcoin mining over two years to focus on AI and high-performance computing infrastructure amid falling crypto profits.
Bitfarms Ltd, a global organization that mines bitcoin, is lowering the debt of one of its wholly-owned corporate subsidiaries.
Bitfarms, a bitcoin mining firm, has confirmed hiring a new CEO, Geoff Morphy.
The company still holds a large treasury and ramped up its infrastructure through a $14 million bitcoin sale and dumping over 30 million shares onto the market.
As June monthly production updates roll out over the next week, Core Scientific and Bitfarms have both sold nearly 50% or more of their bitcoin treasuries.
Канадская публичная майнинговая компания Bitfarms внесла коррективы в стратегию хранения добытых биткоинов с целью "повышения ликвидности и укрепления баланса". Согласно пресс-релизу, за последнюю неделю фирма продала в общей сложности 3000 BTC примерно на $62 млн, а также погасила кредит на покупку оборудования от NYDIG на сумму $37 млн.
The trend of falling hash price will force weaker miners to unplug, find more efficient energy sources and/or sell off machines or bitcoin holdings.