Bitcoin News / Bitcoin.com - 2 days ago
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 mi...
Bitcoin News / Bitcoin.com - 4 days ago
On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an additional 100 megawatts (MW) of power from Paraguay’s state-owned utility firm, ANDE. The 100 MW is anticipated to...
Bitcoin News / Bitcoinist - 4 days ago
Toronto-based Bitcoin mining company Bitfarms has announced the termination of its interim president and chief executive officer (CEO), Geoffrey Morphy after he filed a $27 million lawsuit against the company.Β
According to Bloomberg, the lawsuit all...
Cryptocoins News / CoinJournal - 1 month ago
Bitfarms mined 286 BTC in March, down from 300 in February.
Bitfarms’ fleet upgrade aims for 21 EH/s and 21w/TH efficiency.
Bitfarms sold 284 BTC increasing treasury holdings to 806 BTC.
Bitfarms Ltd. (BITF), a prominent global Bitcoin mining...
Bitcoin News / Bitcoin.com - 3 months ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine President Javier Milei reiterates dollarization is near, Bitfarms announces a new site in Paraguay,...
Bitcoin News / Bitcoin.com - 3 months ago
On Wednesday, Bitfarms, a bitcoin mining enterprise listed on the U.S. stock market, revealed the successful acquisition of a new site in Yguazu, Paraguay, earmarked for a 100 megawatt (MW) mining facility. This development is part of Bitfarms’...
Cryptocoins News / Blockchain - 4 months ago
In December 2023, Bitfarms reported a productive month with 446 BTC mined, $18.9M in revenue from BTC sales, and a $84M year-end cash reserve. (Read More)
Cryptocoins News / CoinJournal - 5 months ago
Bitfarms’s C$60 million private placement with US institutional investors closes on or about November 28.
The Canadian bitcoin mining firm will use the proceeds to acquire buy more miners and expand its infrastructure.
Bitcoin mining compan...
Cryptocoins News / Finance Magnates - 7 months ago
Bitfarms
Ltd., a publicly-listed Bitcoin (BTC) mining company, has released its
production and mining operations update for September 2023. The company
successfully mined 411 Bitcoin, representing an increase of 7.3% from the previous
month. Alongsid...
Cryptocoins News / Blockchain - 7 months ago
Bitfarms, a Canadian Bitcoin mining firm, mined 411 BTC in September 2023, marking a 7.3% increase from the previous month. The company sold 362 BTC, generating $9.5 million in revenue. Bitfarms has been expanding its operations, including fully ener...
Cryptocoins News / CoinJournal - 7 months ago
Bitfarms produced 411 bitcoins last month and sold 362.
The Canadian miner is still lagging behind last year’s figures.
Bitfarms stock is currently down 40% versus its recent high.
Bitfarms Ltd says its mining output popped 7.3% in September...