by COINS NEWS - 1 year ago

Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn

submitted by /u/Wabi-Sabibitch [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

Canadian crypto mining firm Bitfarms sold roughly $62 million worth of Bitcoin (BTC) in June, using the proceeds from the sale to reduce its debt.In a Tuesday announcement, Bitfarms said it had sold 3,000 Bitcoin in the last seven days, roughly 47% o...

Cryptocoins News / Blockchain  - 1 year ago

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms Ltd, a global Bitcoin self-mining company headquartered in Canada, on Friday that it entered into an equipment financing agreement to stabilize its financials amid the plunge in crypto prices. Bitfarms announced plans to sell 1,500 of it...

Bitcoin News / Bitcoin.com - 1 year ago

Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam

Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that c...

Cryptocoins News / Blockchain  - 1 year ago

Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022

Bitfarms Ltd, a Canadian Bitcoin mining company, announced its financial results for the first quarter ended March 31, 2022. Bitfarms said on Monday that it has mined 961 Bitcoin (BTC) at an average cost of production of $8,700/BTC during Q1 2022....

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin vs. BTC miner stocks: Bitfarms mining chief explains key differences

Amid Bitcoin (BTC) mining stocks such as Hut 8 Mining touching multi-month lows, a major industry executive has outlined key differences between BTC investment and investing in BTC-linked stocks.Ben Gagnon, chief mining officer of the major Bitcoin m...

More / Bitcoin Reddit - 2 years ago

Bitfarms (BITF) mined 1,045 bitcoin (BTC) in Q4

Canadian crypto miner Bitfarms (BITF) on Monday morning(Mar 28, 2022) reported revenue of $60 million for the fourth quarter of 2021, up 33% from $45 million in the third quarter and up 426% from the fourth quarter of 2020. The company mined 1,045 Bi...

Bitcoin News / Bitcoin.com - 2 years ago

Bitfarms Buys Land to Open New Mining Facility in Canada

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...

by COINS NEWS - 2 years ago

No fear. Bitfarms buys another 1,000 bitcoins, increasing the total to $ 177 million

submitted by /u/Desperate_Day_8813 [link] [comments]

Bitcoin News / Bitcoin.com - 2 years ago

Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High

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 B...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitfarms purchased more than $43M in Bitcoin to start the new year

“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 CE...

More / Bitcoin Reddit - 2 years ago

Bitfarms Bought $43.2M of Bitcoin in the First Week of January

submitted by /u/_ich_ [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitfarms expands to US, plans green crypto mining operation in Washington

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. Canadian Bitcoin mining company Bitf...

Bitcoin News / Bitcoin.com - 2 years ago

Bitfarms Reveals Argentina Mega-Mining Farm Location Details

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...

Bitcoin News / Bitcoin.com - 2 years ago

Bitfarms Mega-Mining Facility Raises Concerns Among Legislators in Argentina

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 ins...

Bitcoin News / Bitcoin.com - 2 years ago

Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina

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...

More / Bitcoin Reddit - 2 years ago

Bitcoin Miner Bitfarms Mined 391 BTC In July With 99% Clean Energy

submitted by /u/DaVibes [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear

Bitfarms is producing more BTC at a lower cost due to the drop in difficulty. Publicly traded North American Bitcoin mining company Bitfarms has doubled its producti...

More / Etherum Reddit - 2 years ago

Bitfarms ticker symbol bitf

submitted by /u/Joeymhmjr [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitfarms’ shares slump on Nasdaq debut amid crypto market pull-back

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 News / Bitcoin.com - 2 years ago

Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week

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 Op...

by COINS NEWS - 2 years ago

Bitcoin mining farm (Bitfarms) mines its 1,000th Bitcoin using 100% hydroelectricity.

One of the largest North American Bitcoin mining farms, Bitfarms, has mined its 1,000th coin with 100% hydroelectricity. ????♻️ "We expect to more than double our installed hydropower infrastructure in Québec, triple our operational hashrate in...