Bitfarms

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Bitfarms CFO on First Quarter Earnings, Bitcoin Mining Outlook
Bitfarms (BITF) accelerated its stated timeframe for reaching 6 exahash/second (EH/s) of computing power, as its per-share loss narrowed significantly quarter-on-quarter. Bitfarms CFO Jeffrey Lucas joins "All About Bitcoin" to discuss the miner's earnings in the first quarter and outlook on bitcoin mining.
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CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows
In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter.
CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)

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Crypto Makes Its Supreme Court Debut; Bitfarms Sinks to Fourth-Quarter Loss
Coinbase argued at the U S Supreme Court on Tuesday that its disputes over forcing customers into arbitration should freeze the courts while the arguments play out a moment that breaks legal ground for crypto with the industry’s first high court appearance Separately Bitcoin miner Bitfarms BITF dropped to a fourth quarter loss as the [...]
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CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise
Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set, and missed, for 2022.
CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)

Bitfarms Washington US bitcoin mine
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Loss to Settle Bitcoin Miner Bitfarms' Debt
The miner had recently warned it might stop paying off the debt to bankrupt BlockFi.
Bitfarms Washington US bitcoin mine

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Bitcoin Miner Bitfarms Warns of Default
Bitcoin miner Bitfarms BITF might have already or may in the future stop making installment payments on a 20 million loan from bankrupt crypto lender Block Fi effectively defaulting on the loan according to a press release As a result Bitfarms is looking to modify the loan The Hash panel breaks down the details of [...]
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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)

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Alameda-Linked Wallet Movement; Bitcoin Miner Bitfarms' CEO Resigns
On chain data cited by crypto research firm Arkham Intelligence suggested 1 7 million worth of tokens from Alameda linked wallets were sold in the open market over a span of several hours on Wednesday Plus Bitfarms BITF co founder and CEO Emiliano Grodzki stepped down from his position and former Chief Operating Officer Geoffrey [...]
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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)