Bitfarms

Crypto mining rig
Bitfarms Bought $43.2M of Bitcoin in the First Week of January
The purchase increased the publicly traded firm’s BTC holdings by 30% to over 4,300.
Crypto mining rig

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.
Bitfarms and Marathon Digital Both Mined Over 3K BTC in 2021
The two publicly traded miners also held onto almost all the bitcoin they mined.
A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.

A crypto mining rig
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%.
A crypto mining rig

(Shutterstock)
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.
(Shutterstock)

Cryptocurrency mining rigs sit on racks at a Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.
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.
Cryptocurrency mining rigs sit on racks at a Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.

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

Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq
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

Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq
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

Jack Dorsey: Square Considering Building a Bitcoin Mining System Soon
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...
Jack Dorsey: Square Considering Building a Bitcoin Mining System Soon

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
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