Bitfarms


Finanza

Bitfarms Buys 24MW Crypto Mining Facility in Washington State for $26M

The bitcoin miner plans to run approximately 6,200 Bitmain S19j Pro miners in the new hydro-powered facility, with potential capacity of 620 PH/s mining power.

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.

Finanza

Bitfarms Hits Record High Hashrate in October and Forecasts Additional Growth

The Canadian miner expects to expand its bitcoin mining power by 11% in November, after achieving 1.8 EH/s in October.

Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq

Finanza

Bitfarms to Expand Production Facilities to Add 2.1 EH/s of Mining Power

The miner will add 78 megawatts of capacity utilizing its current hydro power contract.

Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq

Video

Jack Dorsey: Square Considering Building a Bitcoin Mining System Soon

Ben Gagnon, chief mining officer at Toronto-based bitcoin miner Bitfarms, discusses the reactions and industry implications for Jack Dorsey's Square considering building a bitcoin mining system soon. Plus, insights into Bitfarms's growth strategy amid rising crypto mining expansion in the U.S. following China's mining ban.

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Finanza

Bitfarms’ Bitcoin Production Increases on New Mining Equipment

The company mined 1,050 bitcoins in the third quarter, up 38% from the second quarter.

Technicians monitor cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec, Canada, on Thursday, July 26, 2018. Bitcoin has rallied more than 30 percent in July, shrugging off security and regulatory concerns that have plagued the virtual currency for much of this year. Photographer: James MacDonald/Bloomberg via Getty Images

Finanza

Bitfarms Increases Revenue by Almost 400% in Q2

The crackdown on crypto mining in China has helped the results and outlook for the Canadian bitcoin mining firm.

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.

Mercati

Bitfarms' Bitcoin Production Rose 47.5% in July

Bitfarms mined 391 bitcoin in July, its best monthly output on record.

Stack of bitcoin miners

Mercati

Why Crypto Miners Are Expanding Beyond Quebec

Two large bitcoin miners are growing beyond Quebec because of restrictions on the use of power to run their operations.

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Video

Impact of China’s Crypto Crackdown

Ben Gagnon, Chief Mining Officer of Canadian bitcoin miner BitFarms, on what to make of China’s crackdown on mining operations. Plus, his outlook for the mining community in China and across the globe.

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Video

Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq

Toronto-based bitcoin miner Bitfarms has received approval for common stock listing on the Nasdaq, something Bitfarms President Geoffrey Morphy says is a longtime dream that will help the company grow in the international market. Morphy weighs in on Bitfarms' expansion plans and the technological improvements Bitfarms has to make mining more eco-friendly.

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