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Tag: Bitfarms

Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms

August 14, 2024 wp-bot Bitcoin News

Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance

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Riot Platforms boosts Bitfarms stake with $2.28M share acquisition

August 14, 2024 wp-bot Cointelegraph

Riot Platforms continues navigating its complex relationship with Bitfarms while expanding its operations.

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Ex-Bitfarms interim CEO steps down amid board shakeup

August 13, 2024 wp-bot Cointelegraph

Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October.

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Bitcoin miners record lowest daily revenue of 2024

August 12, 2024 wp-bot Blockchain, Cointelegraph

Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.

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Bitfarms stock rises 22% after Q2 loss came out better than expectations

August 9, 2024 wp-bot Cointelegraph

Bitfarms stock had a strong trading session on Aug. 8 amid lower-than-expected losses in its latest quarterly earnings report.

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Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate

August 2, 2024 wp-bot Cointelegraph

Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April.

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