Bitcoin mining company Bitfarms said it mined 339 bitcoins in November, down from 343 in October, as network difficult increased.
- The Nasdaq and Toronto Stock Exchange-listed company reported Wednesday having mined 3,089 BTC in the first 11 months of the year.
- By reaching a hashrate of 2 EH/s in mid-November, Bitfarms had doubled its mining power in the last eight months.
- During November, the firm received 400 MicroBT M30S miners and 3,588 Bitmain S19j Pro miners, with a further 702 of the latter scheduled for delivery in the first half of December.
- “Even with an increase in network difficulty, our BTC production level held steady in November,” CEO Emiliano Grodzki said in a statement.
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