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Bitfarms Buys Land to Open New Mining Facility in Canada
14.3.2022
Bitfarms, a corporate player in the bitcoin mining world, has announced a new acquisition of land and a facility in Canada. The purchased land is located in Sherbrooke, Quebec, and according to a press release issued by the company, it will serve to replace one of the other facilities the company...
Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina
12.3.2022
The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. The company that will create the power infrastructure for the mining farm aims to generate more than...
Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High
10.1.2022
Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more than 4,300 bitcoins. Mining Company Buys the Dip Bitfarms Ltd. has taken advantage of...
Bitfarms purchased more than $43M in Bitcoin to start the new year
10.1.2022
“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CEO Emiliano Grodzki
Record Crypto Investment Outflows, PayPal Coin, Binance CEO's Net Worth + More News
10.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Record Crypto Investment Outflows, PayPal Coin, Binance CEO's Net Worth + More News
Top 7 Bitcoin & Crypto Mining Stocks You Could Add to Your Stock Portfolio
7.12.2021
With the price of bitcoin (BTC) pushing for yet another all-time high before its latest drop, and with the recent shake-up in hash power distribution following China’s bitcoin mining ban last summer, bitcoin mining operations have been enjoying substantial profits.
Adding a bit of exposure...
Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs
15.11.2021
On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets...
AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News
12.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ...
Read More: AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News
Bitfarms expands to US, plans green crypto mining operation in Washington
11.11.2021
The company estimates the completed U.S. facilities will be able to produce 3.7 Bitcoin daily at a cost of roughly $4,000 per BTC
Bitfarms Reveals Argentina Mega-Mining Farm Location Details
9.11.2021
Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that the Bitcoin mega mining farm, whose construction started last month, will be built in the province of Cordoba, in association with a private power plant. Bitfarms...
Bitfarms Mega-Mining Facility Raises Concerns Among Legislators in Argentina
25.10.2021
The construction of a bitcoin mega-mining farm in Argentina by Bitfarms is raising concerns for legislators. Martín Berhongaray, a national deputy, recently presented a resolution to force the government to disclose information about the installation of the facility, through representatives...
Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina
12.10.2021
Bitfarms, a bitcoin mining company, announced last week that construction is underway for a mega bitcoin mining farm in Argentina. The facility, which is designed to accommodate 55,000 miners, will be finished by next year. This is yet another signal that mining companies are looking for new areas...
Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear
15.7.2021
Bitfarms is producing more BTC at a lower cost due to the drop in difficulty
Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2
4.7.2021
During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most...
Bitfarms’ shares slump on Nasdaq debut amid crypto market pull-back
22.6.2021
Bitfarms’ debuting shares have been unable to escape the bearish crypto meta-trend, despite the firm claiming its profits have increased amid the recent drop in Bitcoin hash rate
Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week
18.6.2021
The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity.” Bitfarms Renewable Operations to List on Nasdaq Global Select Market...
Bitcoin Mining Operation Bitfarms to be Listed on Nasdaq Following DTC Eligibility
9.5.2021
The Toronto-based Bitcoin mining operation Bitfarms announced the company has been approved for a common stock listing on Nasdaq Global Market tier. The company is already listed on the Toronto Stock Exchange (TSX) and the firm’s Nasdaq listing will be listed under the ticker symbol...
Bitfarms Partners With Foundry, Joins US Mining Pool, Fleet Expands by 2,465 Bitcoin Miners
24.4.2021
On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer...
2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina
21.4.2021
The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.02 per kWh during the contractual period....
Bitfarms estimates Argentinian facility will reduce BTC mining costs by 45%
20.4.2021
Bitfarms estimates it could have mined BTC for $4,125 each during Q4 2020 if its forthcoming Argentinian facility was operational