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.
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 bitcoin mining system soon. Plus, insights into Bitfarms’s growth strategy amid rising crypto mining expansion in the U.S. following China’s mining ban.