bitfarms

CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.
CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)

El presidente de Bifarms, Geoff Morphy, fue promovido a CEO. (CoinDesk)
Renuncia el CEO de Bitfarms y es sustituido por el COO
Emiliano Grodzki, el CEO saliente, cofundó la empresa canadiense en 2017.
El presidente de Bifarms, Geoff Morphy, fue promovido a CEO. (CoinDesk)

Bitfarms' president Geoff Morphy in front of rows of miners (CoinDesk)
Bitcoin Miner Bitfarms' CEO Resigns and Is Replaced by COO
Emiliano Grodzki, the outgoing CEO, co-founded the Canadian company in 2017.
Bitfarms' president Geoff Morphy in front of rows of miners (CoinDesk)

Obra de IA sobre el colapso. (DALL-E/CoinDesk)
La exposición de las empresas mineras de bitcoin al contagio de FTX podría perjudicar aún más a la industria
Core Scientific, Bitfarms y Genesis Digital Assets se encuentran entre las mineras que tienen una exposición directa o indirecta a las consecuencias.
Obra de IA sobre el colapso. (DALL-E/CoinDesk)

CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Pays Down $27M of Debt
The miner is trying to improve its liquidity during the crypto market downturn.
CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)

Un empleado de Bitfarms supervisa hardware de minería de bitcoin. (Aoyon Ashraf/CoinDesk)
Bitfarms abre una operación en Argentina y aumenta el hashrate a 4,1 EH/s
La compañía canadiense planea abrir el próximo año un segundo sitio de minería en el país dados los bajos costos de electricidad.
Un empleado de Bitfarms supervisa hardware de minería de bitcoin. (Aoyon Ashraf/CoinDesk)

A Bitfarms employee inspecting miners at Cowansville (Aoyon Ashraf/CoinDesk)
Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s
The Canadian company plans to open a second mining site in the country, which has low electricity costs, next year.
A Bitfarms employee inspecting miners at Cowansville (Aoyon Ashraf/CoinDesk)

Money (Sharon McCutcheon / Unsplash)
Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan
The miner paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG.
Money (Sharon McCutcheon / Unsplash)

Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)
Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners
CoinDesk spoke to the CEOs of Marathon Digital and Bitfarms at last week’s Bitcoin 2022 Conference.
Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)

(Aoyon Ashraf)
Bitfarms Reports Q4 Revenue Growth of 33% to $60M, Along With Margin Expansion
The miner booked full-year revenue of $169 million, up 383% versus 2021.
(Aoyon Ashraf)