2024-8-9 10:27 |
Canadian Bitcoin mining firm Bitfarms revealed in its Q2 financial results, featuring it is still on track to achieve guidance of 21 EH/s in 2024. Bitcoin mining firm Bitfarms saw its shares surge over 20% late Aug. 8, following the… origin »
|
Bitfarms, the stock traded bitcoin miner has announced they bought 1,000 bitcoin during the first week of January, worth $43 million. “Our guiding company strategy at Bitfarms is to accumulate...
2022-1-10 15:26 | |
|
|
2021-11-13 17:25 | |
|
|
The company estimates the completed U.S. facilities will be able to produce 3.7 Bitcoin daily at a cost of roughly $4,000 per BTC.
2021-11-13 01:00 | |
|
|
The bitcoin miner acquired its first property on American soil in a bid to reduce operating costs and increase margins.
2021-11-12 19:30 | |
|
|
The two farms are expected to accommodate 21,000 bitcoin mining rigs and generate over 2 EH/s.
2021-10-28 21:31 | |
|
|
The bitcoin miner announced that it signed contracts and started constructing a 210 megawatt farm in Argentina.
2021-10-8 21:23 | |
|
|
Cryptocurrency mining has been reviving amidst a renewed crypto rally, with Bitcoin, trading above the $51k mark. Stocks of mining firms such as BIT Mining (BTCM), CleanSpark (CLSK), and Bitfarms (BITThe post Here's why crypto-mining rigs are in high demand in Vietnam appeared first on AMBCrypto.
2021-9-6 18:33 | |
|
|
Bitcoin mining company Bitfarms has shared bitcoin production updates, including energy usage and the company's strategic HODL mentality.
2021-8-6 21:51 | |
|
|
Bitfarms has revealed in its production update released on July 14, 2021, that the recent bitcoin (BTC) mining difficulty reduction, coupled with the exodus of bitcoin miners from China, has had a positive effect on its production.
2021-7-16 22:00 | |
|
|
One of the largest Canadian renewable energy-focused cryptocurrency mining firms BitFarms has been listed on the New York-based American stock exchange Market NASDAQ. Cryptocurrency mining firms earn transaction fees in the native token of the specific network such as bitcoin, Ethereum, and Litecoin, for securing and processing transactions on the networks. The firm started as […]
2021-6-23 20:53 | |
|
|
Bitfarms will become the largest publicly traded Bitcoin miner in North America using more than 99% hydroelectric renewable electricity. The post Bitcoin Miner Using 99% Hydroelectric Renewable Energy Starts Trading on Nasdaq Next Week first appeared on BitcoinExchangeGuide.
2021-6-19 21:25 | |
|
|
The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity.
2021-6-18 13:30 | |
|
|
Toronto-based Bitcoin mining firm Bitfarms expects to begin trading under “BITF” on the Nasdaq stock market on June 21.
2021-6-17 22:06 | |
|
|
North American Bitcoin mining giant Bitfarms’ BTC adoption is going beyond mining Bitcoin and securing the network to including mined “coins” as part of its corporate treasury. Meanwhile, the company says increasingly harsher restrictions in China are helping the company to earn even more precious Bitcoin.
2021-6-15 22:00 | |
|
|
The Toronto-based Bitcoin mining operation Bitfarms announced the company has been approved for a common stock listing on Nasdaq Global Market tier. The company is already listed on the Toronto Stock Exchange (TSX) and the firm’s Nasdaq listing will be listed under the ticker symbol “BITF.
2021-5-9 06:30 | |
|
|
On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer M30S ASIC mining machines.
2021-4-24 03:00 | |
|
|
The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.
2021-4-21 03:30 | |
|
|
Bitfarm is a Canada-based Bitcoin mining company that came to an agreement of buying 48,000 new MicroBT machines-to enlarge their capacity of exahash (EH) or hashrate. The announcement held on Tuesday reveals that the capacity of hashrate will be expanded to 5 EH/Second from its current 1.
2021-3-4 22:18 | |
|
|
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s hashpower by approximately 5 exahash per second (EH/s).
2021-3-3 03:30 | |
|
|
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 | |
|
|
Bitfarms announced the placement Sunday.
2021-1-7 18:00 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
Ben Gagnon, Bitfarms’ Chief Executive Officer, shared his thoughts on how new geopolitical challenges from the Trump administration would impact the Bitcoin mining industry. Gagnon said during a Bloomberg TV interview on March 11 that both the US and Canada…
Miners have no choice but to sell more Bitcoin during the current downturn, adding to the selling pressure from the recent disappointment that the government won’t buy new Bitcoin for the reserve, plus macroeconomic uncertainty due to tariffs. According to…
Shares of HIVE Digital jumped following the company’s announcement of a 23% year-over-year rise in Bitcoin reserves. Canadian crypto mining company HIVE Digital has released its February production results, revealing that its Bitcoin (BTC) holdings increased by more than 20%…
The recent crypto market downturn has created a prime buying opportunity for Bitcoin mining stocks, according to H.C. Wainwright & Co. analyst Mike Colonnese. In a research note to investors dated March 4, Colonnese argued the sharp pullback in Bitcoin…
Belarusian President Aleksandr Lukashenko has directed newly appointed officials to prioritize energy infrastructure improvements and explore domestic cryptocurrency mining, citing an excess electricity supply and rising demand.
Bitcoin mining firm Marathon Digital reported a decline in Bitcoin production for February, down month-over-month due to higher network difficulty and fewer operational days. Marathon Digital‘s Bitcoin (BTC) production dropped 6% month-over-month in February due to higher network difficulty and…
Core Scientific names former Morgan Stanley banker as new CFO after bankruptcy exit. Bitcoin (BTC) mining giant Core Scientific has appointed former investment banker Jim Nygaard as its new chief financial officer following the company’s emergence from Chapter 11 bankruptcy.…