Miner Bitfarms Raises $100M Bitcoin-Backed Loan From Galaxy Digital
The miner has already made an initial $60 million drawdown with a six-month term at an interest rate of 10.75%.
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Dec 31, 2021 at 2:46 p.m. UTC
Dec 31, 2021
Bitfarms
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Bitfarms Mined 339 Bitcoin in November as Network Difficulty Increased
Bitfarms attributed the performance to new mining equipment driving a 16% increase in the hashrate.
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Dec 1, 2021 at 12:45 p.m. UTC
Dec 1, 2021
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Bitfarms Doubles Hashrate to More Than 2 EH/s
Bitcoin miner Bitfarms has received and installed 1,500 S19j Pro miners so far in November.
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Nov 15, 2021 at 2:11 p.m. UTC
Nov 15, 2021
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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.
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Nov 11, 2021 at 5:15 p.m. UTC
Nov 11, 2021
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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.
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Nov 1, 2021 at 9:53 p.m. UTC
Nov 1, 2021
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.
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Oct 27, 2021 at 7:19 p.m. UTC
Oct 27, 2021
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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 bit...
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Oct 18, 2021 at 9:40 p.m. UTC
Oct 18, 2021
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Bitfarms’ Bitcoin Production Increases on New Mining Equipment
The company mined 1,050 bitcoins in the third quarter, up 38% from the second quarter.
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Oct 1, 2021 at 11:58 a.m. UTC
Oct 1, 2021
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.
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Aug 16, 2021 at 9:33 p.m. UTC
Aug 16, 2021
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Bitfarms' Bitcoin Production Rose 47.5% in July
Bitfarms mined 391 bitcoin in July, its best monthly output on record.
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Aug 6, 2021 at 9:11 a.m. UTC
Aug 6, 2021