Articles for tag: Bitcoin production, Bitfarms, blockchain technology, business growth, cryptocurrency mining, efficiency improvements, operational update

Market News

Bitfarms Announces March 2025 Production and Operations Update: Key Insights into Bitcoin Mining Performance and Growth Strategy

Bitfarms Ltd. has released its March 2025 production and operations update, showcasing significant progress in its activities. The company achieved an operational hashrate of 19.5 EHuM, increasing 21% from the previous month. They successfully completed key acquisitions, including Stronghold Digital Mining, and sold a data center in Paraguay, focusing on U.S. operations for better efficiency ...

Market News

Bitfarms Announces November 2024 Production and Operations Update: Key Highlights and Performance Insights

Bitfarms Ltd. has released its operational update for November 2024, showcasing significant growth in Bitcoin production. The company achieved an operating hashrate of 12.8 EH/s and earned 204 BTC, reflecting an increase of 100% year-over-year. They have initiated new hosting agreements in Pennsylvania, which are expected to enhance their North American operations. Additionally, Bitfarms is ...

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