Bitfarms Ltd., a leading energy and compute infrastructure company, has shared its March 2025 production and operations highlights. The company’s operational hashrate surged by 21% to reach 19.5 EHuM, exceeding efficiency targets three months ahead of schedule. March was marked by significant milestones, including the acquisition of Stronghold Digital Mining and the sale of a ...
Bitfarms Ltd., a major player in Bitcoin mining, has successfully acquired Stronghold Digital Mining, enhancing its U.S. strategy. This acquisition expands Bitfarms’ energy management to 623 megawatts and establishes a robust growth pipeline of 1.1 gigawatts in Pennsylvania, positioning the company as a leader in the PJM Market. The merger rebalances Bitfarms’ portfolio to 80% ...
Bitfarms Ltd., a leading Bitcoin mining company, reported an operational hashrate of 16.1 EH/s as of February 2025, marking a 6% increase from the previous month. The company is on track to complete its acquisition of Stronghold Digital Mining and sell the Yguazu data center by Q1 2025, enhancing its energy portfolio. CEO Ben Gagnon ...
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 ...
