Bitfarms News

Bitcoin mining giants, including RIOT Platforms and Marathon Digital, experience a production decline in 2024, while CleanSpark stands out with growth. As Bitcoin‘s fourth halving approaches, Bitcoin mining giants are grappling with a decline in production as the market faces…

Mining company Bitfarms has placed an order for 35,888 Antminer T21 Bitcoin mining devices from Bitmain at a price of $2,660 per unit.

Bitfarms announces a $44 million private placement with U.S. investors to expand its Bitcoin mining infrastructure and strengthen its working capital.

Bitcoin miners are  holding onto their coins, accumulating, despite recent price drops, records on May 12 shows

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 press statement, Bitfarms and BlockFi amended their previous loan…

Bitfarms Ltd, a global organization that mines bitcoin, is lowering the debt of one of its wholly-owned corporate subsidiaries.

Bitfarms, a bitcoin mining firm, has confirmed hiring a new CEO, Geoff Morphy.

Bitfarms, a global bitcoin self-mining corporation, has received $3.6 million in net proceeds following the sale of its property in Canada.  According to a press release, Bitfarms Société de transport de Sherbrooke (STS) was the successful bidder to acquire Bitfarms’…

Bitfarms has ended the third quarter with about a 17% increase in profits. The final stages of Canadian expansion projects are due for completion by year-end. Bitfarms unveils Q3 reports As earlier promised, Bitfarms, a global Bitcoin self-mining company, has…

Canadian Miner, Bitfarms, reported on September 19th that it has commenced mining operation in Argentina. This has increased the miner’s hashrate to over 4.1 EH/s as it wishes to build another warehouse in Argentina.  Bitfarms to Build Another 50MW Warehouse…

Bitfarms has revealed in its production update released on July 14, 2021, that the recent bitcoin (BTC) mining difficulty reduction, coupled with the exodus of bitcoin miners from China, has had a positive effect on its production. Bitfarms claims to…

North American Bitcoin mining giant Bitfarms’ BTC adoption is going beyond mining Bitcoin and securing the network to including mined “coins” as part of its corporate treasury. Meanwhile, the company says increasingly harsher restrictions in China are helping the company…

It was announced on April 1, 2019, that Bitfarms is applying for listing on the Toronto Stock Exchange, essentially moving from their current home at the Tel Aviv Stock Exchange. Off the Exchange It’s always a source of good news…