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Nalezeno "Bitfarms": 161

Bitfarms Terminates CEO Geoffrey Morphy, Faces $27 Million Lawsuit


Bitfarms Ltd., a global bitcoin mining company, has announced the immediate termination of Geoffrey Morphy as president and CEO, along with his removal as a director. Following his dismissal, Morphy filed a lawsuit against the company, seeking $27 million in damages for alleged breach of contract...

Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit


Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event. The...

Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald


Bitcoin mining is getting less profitable as many publicly traded miners might face potential profitability challenges following the next Bitcoin halving event. According to a recent report by Cantor Fitzgerald, 11 major mining companies, including Marathon Digital (MARA), Riot Platforms (RIOT)...

Prepare for a North American Bitcoin Mining Infrastructure Boom + More News


Source: AdobeStock / thodonal Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Prepare for the Next Bitcoin Mining Infrastructure Boom – BlocksBridge Consulting Bitcoin Miner Marathon...

Bitfarms Mines 411 BTC in September, Increases Hashrate by 9%


Canadian Bitcoin (BTC) mining firm has increased its production capacity this year with eyes locked on better opportunities hinged on the upcoming BTC halving. According to an Oct. 2 press release on the firm's mining operation for September, the company increased its hashrate, capacity,...

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal


According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special...

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