Bitfarms announces leadership changes amid takeover attempt

2024-8-13 15:44

Bitcoin mining firm Bitfarms has announced leadership changes amid ongoing regulatory and takeover bid challenges. Canadian public Bitcoin mining firm Bitfarms disclosed updates to its board of directors and executive team as it navigates ongoing regulatory challenges and a recent…

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Bitcoin (BTC) на Currencies.ru

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Объем 24H $29.897b

Изменеия 24h: -1.34 %, 7d: 4.60 %

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Цена в час новости $ 59411.92 (5.9%)

bitfarms mining firm regulatory bitcoin ongoing challenges

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Источник: btcmanager.com

bitfarms mining → Результатов: 80

Bitfarms stock up 15% after anouncing large-scale mining site

After rejecting Riot’s takeover bid, Bitfarms announced a project to significantly increase its power capacity and Bitcoin mining capabilities by 2025. Bitfarms entered into an agreement to construct a power plant with a capacity of up to 120 MW and…

2024-6-14 03:07
bitfarms mining power capacity entered 2025 construct

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Bitfarms adopts ‘poison pill’ amid Riot Platforms’ takeover attempt

Bitfarms has adopted a shareholder rights plan to protect its strategic review process from Riot Platforms’ takeover attempts. Bitfarms, a Toronto-headquartered Bitcoin mining company, announced in a Jun.

2024-6-10 14:32
bitfarms platforms riot takeover attempts process jun

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Bitcoin miner Riot Platforms acquires 12% stake in Bitfarms

Colorado-headquartered crypto mining company Riot Platforms has acquired ownership of a 12% stake in rival Bitfarms despite shorting pressure from Kerrisdale Capital. Bitcoin mining company Riot Platforms said in a press release on Jun. 5 it acquired 1,460,278 common shares…

2024-6-6 10:11
platforms riot company bitcoin acquired mining bitfarms

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Bitfarms founders may not be acting in ‘best interests’ of shareholders

Bitcoin mining giant Riot Platforms is on track to acquire its rival Bitfarms for $950 million, accusing Bitfarms founders of not acting in the best interests of all shareholders. In an attempt to become the “largest publicly listed Bitcoin miner”…

2024-5-29 14:02
bitfarms shareholders interests bitcoin best founders acting

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Bitcoin Mining Giant Bitfarms Axes CEO Amidst $27 Million Lawsuit

Toronto-based Bitcoin mining company Bitfarms has announced the termination of its interim president and chief executive officer (CEO), Geoffrey Morphy after he filed a $27 million lawsuit against the company.

2024-5-14 04:00	Digital Currency
million lawsuit company bitcoin mining bitfarms ceo

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Geoffrey Morphy’s $27M lawsuit leads to Bitfarms ouster

In a dramatic turn of events, Bitfarms has terminated Morphy as CEO and president of the mining firm following the filing of a lawsuit against the company. Morphy’s filed a lawsuit against Bitfarms seeking a staggering $27 million in damages, prompting Bitfarms to terminate his role despite prior announcement of plans to have him remain […]

2024-5-14 00:34	Bitcoin
bitfarms morphy lawsuit against damages prompting terminate

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Bitcoin Mining Companies Report Production Decline As Market Dynamics Shift

Publicly traded bitcoin mining companies, including Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, have reported a decrease in production ranging from 6% to 12% for the month of April.

2024-5-8 12:24	Mining
production bitcoin companies mining ranging decrease terawulf

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Bitcoin halving sees Bitfarms’ BTC mining earnings plummet

Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second with a $240 million investment.

2024-5-2 11:22
bitfarms rate capacity hash triple current exahashes

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Bitfarms Announces $240 Million Bitcoin Mining Upgrade Ahead of the Halving

Bitfarms announces a $240 million mining expansion in anticipation of the Bitcoin halving. The post Bitfarms Announces $240 Million Bitcoin Mining Upgrade Ahead of the Halving appeared first on BeInCrypto.

2024-4-3 14:00
announces halving mining bitfarms million bitcoin 240

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Bitfarms mines less BTC in March despite expanding its mining Fleet

Bitfarms mined 286 BTC in March, down from 300 in February. Bitfarms’ fleet upgrade aims for 21 EH/s and 21w/TH efficiency. Bitfarms sold 284 BTC increasing treasury holdings to 806 BTC. Bitfarms Ltd.

2024-4-2 17:23	Cryptocurrency News
bitfarms btc fleet march efficiency 21w sold

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Майнинговая компания GRIID прошла листинг на Nasdaq

Компания GRIID, которая занимается майнингом биткоинов, прошла листинг на фондовой бирже Nasdaq и теперь ее акции обращаются на этой площадке. Компания вышла со своими акциями на биржу в то время, как на ней наблюдается нисходящая коррекция акций публичных майнеров: Marathon Digital: -33% Riot Platforms: -35% CleanSpark: -36 Bitfarms: -31% Iris Energy: -44% Cipher Mining: -46% […]

2024-1-30 14:44	майнинг
компания nasdaq листинг griid прошла -33 riot

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Here’s why BITF, CLSK, and MARA stocks are flying

Bitcoin mining stocks recharged on Friday, becoming some of the best performers in Wall Street. Marathon Digital (MARA) stock surged by more than 12% while Bitfarms (BITF) and Cleanspark (CLSK) surged by more than 10%.

2024-1-26 20:19
surged mara stocks bitf clsk wall digital

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Bitfarms to purchase Bitmain’s BTC miners for $95.5m

Mining company Bitfarms has placed an order for 35,888 Antminer T21 Bitcoin mining devices from Bitmain at a price of $2,660 per unit.

2023-11-28 17:46	Mining
mining bitmain bitfarms devices antminer bitcoin t21

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Bitfarms secures $44m from U.S. investors to boost Bitcoin mining ops

Bitfarms announces a $44 million private placement with U.S. investors to expand its Bitcoin mining infrastructure and strengthen its working capital.

2023-11-24 22:00	Mining
bitcoin mining investors bitfarms expand infrastructure capital

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Bitfarms announces C$60M private placement with US institutional investors

Bitfarms’s C$60 million private placement with US institutional investors closes on or about November 28. The Canadian bitcoin mining firm will use the proceeds to acquire buy more miners and expand its infrastructure.

2023-11-24 21:27	bitcoin mining
institutional investors bitfarms private placement proceeds use

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Bitfarms reports a 7.3% increase in its monthly mining output

Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms Ltd says its mining output popped 7.

2023-10-3 22:11
bitfarms output mining stock figures behind year

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Bitfarms Bitcoin production declined 10% in April despite hashrate growth

Bitcoin (BTC) mining firm Bitfarms said its production decreased 10. 6% to 379 BTC in April despite its corporate hashrate growing by 4% to 5. 0 EH/s. Of the mined BTC, the miner sold 349 units of the assets to generate $10.

2023-5-1 17:55	Mining
btc bitcoin production bitfarms hashrate despite april

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Bitfarms settles outstanding loan with BlockFi for $7.75M

The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022.

2023-2-10 19:30	Bankruptcy
reduced company mining toronto-based bitcoin debt june

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Акции крупнейших майнеров подскочили в цене из-за роста крипторынка

Индекс MVIS Global Digital Assets Mining Index, включающий данные о 20 крупнейших майнерах, таких как Riot Blockchain, Galaxy Digital, Bitfarms и Iris Energy, вырос на 64% с начала января 2023 года. В этом месяце индикатор показал наибольший рост с момента его создания в декабре 2021 года, сообщает РБК Крипто.

2023-1-17 15:54
digital bitfarms крупнейших наибольший рост момента показал

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Bitfarms CEO Steps Down After Selling Shares; Bitcoin Mining Capitulation Spreads

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.

2022-12-30 11:45
bitcoin bitfarms ceo comes amid disastrous operating

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Bitcoin Mining farm Bitfarms co-founder and CEO Emiliano Grodzki resigns

Emiliano Grodzki, co-founder and CEO of Canadian Bitcoin mining company Bitfarms, has resigned, according to a press release on December 29. The post Bitcoin Mining farm Bitfarms co-founder and CEO Emiliano Grodzki resigns appeared first on CryptoSlate.

2022-12-30 07:00	Mining
ceo emiliano bitcoin grodzki mining bitfarms co-founder

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Bitfarms gets a new CEO days after the sale of a $3.6m property

Bitfarms, a bitcoin mining firm, has confirmed hiring a new CEO, Geoff Morphy.

2022-12-29 20:27
bitfarms ceo new firm mining hiring morphy

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Bitfarms sold more Bitcoin than it mined in Q3

Bitcoin mining firm Bitfarms’ third-quarter report shows that the miner sold more BTC than it made in the quarter -the miner sold 2,595 BTC while mining 1,515 BTC. The post Bitfarms sold more Bitcoin than it mined in Q3 appeared first on CryptoSlate.

2022-11-17 20:32	BTC
sold btc bitfarms bitcoin mined mining miner

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Bitfarms Reports Higher BTC Production Following Increase In Miner Revenues

Public bitcoin miners have had a difficult couple of months since the price of bitcoin dropped below the $30 level. The digital asset’s mining revenues had plummeted with the price and had brought down the cash flow on bitcoin miners with it.

2022-9-3 02:00
bitcoin had revenues miners price digital level

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This bitcoin mining stock is up big on Monday

Shares of Bitfarms Ltd (NASDAQ: BITF) are up more than 15% on Monday after the bitcoin mining company reported its financial results for the second quarter. Bitfarms Q2 financial highlights Net loss printed at $142 million versus the year-ago $4.

2022-8-16 21:06	World
monday financial bitfarms bitcoin mining quarter second

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Bitcoin: The cost of maintaining this firm's HODL strategy? 3K BTCs...

Canadian cryptocurrency mining business Bitfarms has sold more than $62 million in Bitcoin in June, using the proceeds to settle its debt. About 3,000 Bitcoins, or roughly 47% of Bitfarms' total holdiThe post Bitcoin: The cost of maintaining this firm's HODL strategy? 3K BTCs... appeared first on AMBCrypto.

2022-6-23 11:00	BTC Trading View
bitcoin btcs bitfarms strategy hodl maintaining firm

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Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn

Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million amid a recent market rout squeezing miners’ profitability. The post Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn appeared first on BeInCrypto.

2022-6-22 05:00
bitfarms market amid btc sells downturn help

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Bitcoin mining stock Bitfarms updates its ‘HODL Strategy’

Bitcoin mining company Bitfarms Ltd. (NASDAQ: BITF) is changing its HODLing as it looks to “improve liquidity and strengthen its balance sheet. ” The Toronto-based miner announced this via a press release on Tuesday.

2022-6-22 23:35
mining bitcoin bitfarms sheet toronto-based strengthen balance

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Bitfarms Mined 431 BTC in May, Now Holds $192 Million In Bitcoin

Bitfarms, a publicly traded miner, released its bitcoin mining update showing 431 BTC mined with 6,075 BTC ($192 million) held in custody.

2022-6-1 16:38	News
btc bitcoin million bitfarms mined 192 431

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BitFarms: mining from the inside

Many large Bitcoin miners are already very successful in limiting, or even neutralizing, their emissions. For example, Bitfarms controls 1. 5 percent of the hashing power in the network and runs 99 percent on clean energy.

2022-5-7 17:51	World
percent bitfarms example hashing controls network clean

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Bitfarms Mined 405 Bitcoin In April, Now Holds 5,646 BTC

Bitfarms released a bitcoin mining update detailing a 75% YoY increase in production and the custodying of 99% of total mined BTC in April.

2022-5-2 17:21	bitcoin mining
april bitfarms btc mined bitcoin production increase

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Bitcoin vs BTC miner stocks: Bitfarms mining chief explains key differences

Direct BTC purchases and Bitcoin mining stock investments are two “fundamentally different” investment strategies to suit different people and interests, Ben Gagnon says.

2022-4-26 16:29	Mining
different mining bitcoin btc strategies investment fundamentally

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Bitfarms expands to US, plans green crypto mining operation in Washington

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
bitcoin daily able produce cost per btc

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Bitfarms Enters US Bitcoin Mining Market With 24 MW Hydropower Farm

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	УС
bitcoin bid soil american property reduce increase

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Bitfarms Building Two New Bitcoin Mining Farms Of 78 MW Capacity In Canada

The two farms are expected to accommodate 21,000 bitcoin mining rigs and generate over 2 EH/s.

2021-10-28 21:31
mining bitcoin farms two rigs accommodate expected

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Майнинговые компании с листингом в США накопили на балансе $1,1 млрд в биткоине

Получившие листинг в США майнинговые компании держат в качестве резервного актива в общей сложности более 20 459 BTC (~$1,13 млрд). Такие расчеты приводят аналитики The Block. Оценки базируются на актуальных производственных показателях Riot Blockchain, Marathon Digital Holdings, Argo Blockchain, Bitfarms, CleanSpark, Hut 8 Mining, HIVE Blockchain и Greenidge Generation.

2021-10-9 14:02	сша
blockchain млрд майнинговые сша компании показателях riot

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Here's why crypto-mining rigs are in high demand in Vietnam

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	BTC Trading View
mining high demand vietnam crypto-mining rigs btcm

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Bitcoin Miner Bitfarms Mined 391 BTC In July With 99% Clean Energy

Bitcoin mining company Bitfarms has shared bitcoin production updates, including energy usage and the company's strategic HODL mentality.

2021-8-6 21:51
bitcoin energy company bitfarms updates production hodl

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Bitfarms Green Energy Bitcoin Mining Hits Record High in July

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
bitcoin july production bitfarms mining positive effect

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Canada’s Largest Green Bitcoin Mining Firm Expands Public Trading With Nasqad Listing

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	xbtusd
mining largest cryptocurrency firms firm bitcoin token

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Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week

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
company mining firm global nasdaq trading bitfarms

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Bitcoin Mining Firm Bitfarms To Be Traded On Nasdaq

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
nasdaq bitcoin firm mining bitfarms stock market

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Bitcoin Miner Bitfarms Adds $45M Worth of Mined BTC to Corporate Treasury

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	treasury
bitcoin mined treasury corporate company mining bitfarms

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Bitcoin Mining Operation Bitfarms to be Listed on Nasdaq Following DTC Eligibility

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
listed nasdaq company listing stock mining bitcoin

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Bitfarms Partners With Foundry, Joins US Mining Pool, Fleet Expands by 2,465 Bitcoin Miners

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
mining bitfarms foundry bitcoin 465 digital revealed

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Bitfarms To Join Foundry USA Pool, Will Boost Mining Performance Up To 15%

The partnership will expand both Foundry’s and Bitfarm’s operations, while boosting the hash rate share of North America.

2021-4-24 23:53
foundry boosting operations bitfarm hash share america

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2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina

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
mining company bitfarms bitcoin argentina 210 says

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Publicly Traded Firm, Bitfarms (BITF), Orders 48,000 MicroBT Bitcoin Mining Machines

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	bitcoin mining
bitcoin mining capacity microbt hashrate held exahash

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Bitfarms Purchases 48,000 Bitcoin Miners, Plans to Increase Hashpower by 5 Exahash

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
bitfarms exahash mining hashpower bitcoin miners new

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Bitfarms postpones shareholder meeting in response to Riot request

Bitfarms has rescheduled its special shareholder meeting as part of the company’s response to the latest developments from Riot Platforms. The rescheduling will offer Bitfarms’ Special Committee time to review and respond to a recent request from Bitcoin (BTC) miner…

Bitfarms questions Riot’s proposed board nominees amid takeover attempt

Bitfarms has questioned the qualifications of Riot Platforms’ proposed board nominees, accusing Riot of using governance reforms as a cover for a takeover attempt. Canadian Bitcoin (BTC) miner Bitfarms has pushed back against its rival Riot Platforms‘ proposed board changes,…

Riot Platforms warns Bitfarms against moves to solidify control

Riot Platforms urges Bitfarms shareholders to back further board changes, warning the company against moves to entrench its current board. Bitcoin (BTC) miner Riot Platforms urged Bitfarms‘ shareholders to support further changes to the company’s board at the upcoming Oct.…

Riot increases stake in Bitfarms with $2.2m share purchase

Riot continues to push its acquisition efforts, having recently acquired $2.2 million in Bitfarms shares. Riot Platforms has announced the purchase of 1 million common shares of its rival Bitfarms, raising its stake in the Canadian Bitcoin mining firm to…

Riot Platforms posts 52% decrease in Bitcoin production for Q2

Bitcoin mining firm Riot Platforms has released its Q2 financial results, showing a decline in mined crypto due to the recent halving. Colorado-based Bitcoin (BTC) mining firm Riot Platforms has unveiled its Q2 financial results, highlighting a significant reduction in…

Riot buys 10.23m more Bitfarms shares in July, increasing stake to 15.9%

Riot Platforms has increased its acquisition efforts of Bitfarms by buying over 10 million more shares this month. According to a filing with the US Securities and Exchange Commission on July 31, Riot, a Bitcoin (BTC) mining company, now owns…

2024-8-13 15:44

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