Bitfarms mines less BTC in March despite expanding its mining Fleet

Bitfarms mined 286 BTC in March, down from 300 in February. Bitfarms’ fleet upgrade aims for 21 EH/s and 21w/TH efficiency. Bitfarms sold 284 BTC increasing treasury holdings to 806 BTC. Bitfarms Ltd. (BITF), a prominent global Bitcoin mining company, experienced a slight dip in its Bitcoin (BTC) production for the month of March 2024, […]

Bitfarms reports a 7.3% increase in its monthly mining output

Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms Ltd says its mining output popped 7.3% in September as it continued to install new miners and “fully energised” its facility in Rio Cuarto to […]