Articles for tag: Bitcoin Mining, Bitfarms, Cryptocurrency, hydroelectric power, North America, operational hashrate, Stronghold Acquisition

March 4, 2025

Bitfarms February 2025 Update: Production and Operations Insights for Enhanced Crypto Mining Efficiency

Bitfarms Ltd., a leading Bitcoin mining and data center company, reported its February 2025 production results, showcasing an operational hashrate of 16.1 EH/s, a 6% increase from the previous month. The company is on track to finalize the acquisition of Stronghold Digital Mining by Q1 2025 and is strategically selling its Yguazu facility in Paraguay. ...

February 3, 2025

Market News

Crypto

Bitfarms January 2025 Update: Key Insights on Production and Operations in Bitcoin Mining

Bitfarms Ltd. shared its production and operations update for January 2025, reporting an operational hashrate of 15.2 EH/s, a 19% increase from the previous month. The company energized two new sites in North America and is set to close significant transactions, including the sale of a 200 MW data center to HIVE and the acquisition ...