Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise
- ByCoindesk-
Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set and missed for 2022.
Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set and missed for 2022.
Canadian bitcoin mining company Bitfarms has made a one-time cash payment of $7.75 million to settle a $21 million debt owed to insolvent crypto lender BlockFi. As per a Feb. 9...
The miner had recently warned it might stop paying off the debt to BlockFi.
TSX: BITF), a global Bitcoin self-mining company, will report its fiscal fourth quarter and full year 2022 financial results on Tuesday, March 21, 2023, before the market opens....
TSX: BITF), a global Bitcoin self-mining company, provided a Bitcoin (BTC) production and mining operations update for February 2023. “We are well-positioned for growth in 2023...
Bitfarms Ltd. is a Canada-based is a global bitcoin self-mining company. The Company is primarily engaged in the cryptocurrency mining industry. The Company is running vertically integrated mining operations with onsite technical repair, data analytics and its own electrical engineering and installation services to deliver operational performance and uptime. The Company operates cryptocurrency mining operations in North America. The Company’s operations include Farnham, Saint-Hyacinthe, Cowansville, Magog, Sherbrooke 1&2, Washington, Paraguay, Sherbrooke Bunker, and Sherbrooke Leger.
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| High | 2.00 |
| Low | 2.00 |
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| Moving Averages | Strong Sell | Strong Sell | Sell | Buy | Sell |
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