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Tag: Bitfarms

Bitcoin Miner Bitfarms Enhances Paraguay Facility With New 100 MW Hydropower Deal

May 14, 2024 wp-bot Bitcoin News

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

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Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit

May 13, 2024 wp-bot Cointelegraph

Nicolas Bonta, Bitfarms co-founder and chair, will take over as interim president and CEO after Geoffrey Morphy filed a lawsuit for $27 million in damages

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Bitcoin mining revenue hits post-halving yearly low

May 6, 2024 wp-bot Cointelegraph

Daily revenue from Bitcoin mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of

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Bitcoin halving sees Bitfarms’ BTC mining earnings plummet

May 2, 2024 wp-bot Cointelegraph

Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second with a $240 million investment.

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Latam Insights: Argentina’s Milei States Dollarization Is Close, Bitfarms Expands In Paraguay

January 29, 2024 wp-bot Bitcoin News

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

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Bitfarms Expands Mining Operations With New 100 MW Facility in Paraguay, Aiming for 21 EH/s Capacity by Year End

January 24, 2024 wp-bot Bitcoin News

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

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