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Nalezeno "Bitfarms": 161

Bitfarms clocks $36M net loss amid shift from Bitcoin mining to AI


Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing for artificial intelligence applications. The miner posted $67 million in sales for the quarter...

Bitcoin miner Bitfarms secures up to $300M loan from Macquarie


Bitfarms, a global computer infrastructure company known for its Bitcoin mining operations, has entered into a $300 million loan agreement with Macquarie Group to finance the development of its high-performance computing (HPC) data centers.According to an April 2 announcement, Macquarie’s...

Bitcoin Miner Bitfarms Completes Acquisition of Stronghold Digital Mining


Bitfarms Ltd. has finalized its acquisition of Stronghold Digital Mining, Inc., marking an expansion of its U.S. operations and energy capabilities. The deal strengthens Bitfarms’ position in the PJM market and advances its high-performance computing (HPC) and artificial intelligence (AI)...

Bitfarms: Rebound Overdue or Losing the Game?


After months of turmoil and a settlement with Riot Platforms, Bitfarms’ stock performance remains disappointing. Is a rebound for $BITF overdue, or is the company slowly losing its position in the market? Let’s dive in! Bitfarms Faces a Crossroads The following guest post comes from...

Bitfarms, Stronghold Digital Mining to Deploy 10,000 Miners in Pennsylvania


Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a second miner hosting agreement with Stronghold...

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