Articles for tag: Bitcoin Mining, Bitfarms, cryptocurrency news, financial updates, mining capacity, operational efficiency, Stronghold Digital Mining

Market News

Bitfarms December 2024 Update: Key Insights on Production and Operational Performance in Cryptocurrency Mining

Bitfarms Ltd. has announced significant improvements in its production and operations for December 2024. The company achieved a 97% year-over-year increase in hashrate, reaching 12.8 EH/s, and enhanced efficiency by 40% to 21 watts per terahash. For the full year, Bitfarms earned 2,914 BTC and expanded its operational capacity by 35% to 324 MW. CEO ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto