Bitfarms
@Bitfarms_io
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Global vertically integrated #Bitcoin mining and data center operation. Where Growth Meets Efficiency. NASDAQ๐บ๐ธ TSXV๐จ๐ฆ $BITF
Worldwide
Joined December 2017
With today's listing of ๐๐๐ง๐๐๐ฅ๐ ๐ฆ on Nasdaq, #Bitcoin makes new headlines in Times Square. ๐ $BITF #NasdaqListed #BTC #BITF #BitcoinMining #Blockchain #NASDAQ #NasdaqListed
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๐ Bitfarms hashrate exceeds 4 EH/s milestone as it commences production at its first warehouse in Argentina ๐ฆ๐ท. ๐ $BITF $BTC #BitcoinMining #Blockchain #NasdaqListed
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๐๐ข๐ง๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฌ ๐จ๐ ๐๐๐ฉ๐ญ๐๐ฆ๐๐๐ซ ๐๐, ๐๐๐๐. Jan: 199 BTC.Feb: 178 BTC.Mar: 221 BTC.Apr: 232 BTC.May: 262 BTC.Jun: 265 BTC.Jul 391 BTC.Aug: 354 BTC.Sep: 305 BTC. TOTAL: 2,407 BTC. ๐ $BITF #BTC #BitcoinMining #NasdaqListed
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๐ฃ Bitfarms, currently powering an estimated 1.5% of the #Bitcoin network with greater than 99% green hydroelectricity, announces a $BTC production update.
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๐๐ป Increased our #Bitcoin holdings 30%. ๐ More Info: ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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๐ช Our newest T21 miners have arrived and are now racked up in Farnham. $BITF $BTC #BitcoinMining
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Bitfarms to Commence Trading on @Nasdaq on June 21st. ๐ More Info: ๐ $BITF $BFARF #Bitfarms #Bitcoin #BitcoinMining #Blockchain #NASDAQ
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๐๐ Paraguay ๐ต๐พ farm commences production!. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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#Bitfarms Enters into Agreement to Develop 120 MW in U.S.; Provides 2025 Guidance of Over 35 EH/s. โข First U.S. large scale site supports 8 EH/s in 2025 with deployment of 600 PH/s in 2024.โข Strategically located in PJM Interconnection market, providing access to low-cost,
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๐Congratulations to our new CEO, Ben Gagnon!๐. See the full press release here:
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๐ต๐พ Paraguay continues at a very good pace!. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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#Bitfarms announces the purchase of an additional ~51,900 new miners. ๐ Press Release: $BITF $BTC #BitcoinMining
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Big news alert! ๐จ .Over 5000 miners are making their way to Canada ๐จ๐ฆ.Stay tuned for updates on our growing operations!. $BITF $BTC #BitcoinMining
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๐ข NASDAQ APPROVES BITFARMS APPLICATION TO LIST. โ๐ป $BITF $BFARF #Bitfarms #Bitcoin #BitcoinMining #Blockchain #Nasdaq
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Founders of #Bitfarms met with Paraguay's ๐ต๐พ Minister of Industry and Commerce on our every growing expansion in the country. Meanwhile, the Paraguay Senate issued a statement in support of legal crypto mining activities. $BITF $BTC
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We are pleased to announce that #Bitfarms has entered into a definitive agreement to acquire @Stronghold_DM. Stronghold brings to Bitfarms vertically integrated crypto asset mining operations and access to the strategically desirable PJM grid, the largest wholesale electricity
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Weโre delighted to share todayโs news. Get to know Bitfarmsโ new CEO, Ben Gagnon in this interview๐. See the full press release here: $bitf #Bitfarms #Bitcoin #Blockchain
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Welcome to Paso Pe!. When fully online, this new facility will represent over 3 EH/s of Bitfarmsโ total hashrate, all powered by 100% renewable energy. #Bitfarms #BITF #Bitcoin #Blockchain
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Bitfarms mined over 3,000 #Bitcoin in 2021 through November and increased hash rate 300 Petahash to 2.1 Exahash. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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Racks filling up quickly at Baie Comeau! Only a few shipments of T-21s left to install. #BITF #Bitcoin #BitcoinMining #Blockchain
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Bitfarms has received and installed 540 Bitmain S19j Pro and 300 MicroBT M30S miners. The installation of these miners has increased Bitfarmsโ operating hashrate to 1.53 EH/s. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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4,600 $BTC in custody at January 31, 2022, inclusive of 1,000 BTC purchased during the month, representing a total value of approximately US$175 million based on a BTC price of US$38,000. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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Miner installations underway at Paso Pe ๐ต๐พ and full site energization scheduled in May. โ
Installed 2,880 Bitmain T21 miners. โ
Installed 560 M53S+ Hydro Miners. ๐ Press Release: $BITF #Bitcoin #BitcoinMining #Blockchain
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โป๏ธ Here to remind you that Bitfarms' operations are powered by 69 MW of green energy. โ๐ป $BITF $BFARF #Bitfarms #Bitcoin #BitcoinMining #Blockchain
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โก Bitfarms Acquires 24 Megawatts of Hydro Power in the U.S. ๐บ๐ธ and Enters into Memorandum of Understanding to Expand Up to 99 MW. ๐ More Info: ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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๐ 3,452 #Bitcoin mined in 2021 using hydropower. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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๐ As of August, 1, 2021, #Bitfarmsโ year-to-date #Bitcoin production by month was:. January - 199 #BTC.February - 178 #BTC.March - 221 #BTC.April - 232 #BTC.May - 262 #BTC.June - 265 #BTC.July - 391 #BTC. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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โ๏ธ Construction at #Bitfarms goes Brr. ๐ The Bunker & Leger, Quรฉbec, Canada ๐จ๐ฆ. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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๐ง๏ธ Rainy days won't slow us down!.Building our farm in Paso Pe, Paraguay ๐ต๐พ at the same pace as the rising #Bitcoin price ๐ช. $BITF $BTC #BitcoinMining
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๐ง Huge progress on construction of the two 50 MW warehouses and associated infrastructure in Rio Cuarto ๐ฆ๐ท
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๐๐๐๐ ๐๐ ๐๐!. When Bitfarms begins trading on the Nasdaq, it will be the largest publicly traded #Bitcoin miner in North America using greater than 99% hydroelectric renewable electricity. ๐ #BITF #Bitfarms #Bitcoin #BitcoinMining #Blockchain #NASDAQ
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๐๐ผ Our inaugural test deployment of 12 Bitmain T21 miners are up and running seamlessly, delivering outstanding performance. ๐ We look forward to the upcoming arrival of 12,000 more units. #BITF #Bitcoin #BitcoinMining #BitmainT21
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Bitfarms Exceeds ๐ฎ ๐๐/๐, Doubling its Hashrate in Eight Months. ๐ #BTC #BitcoinMining #Blockchain #NasdaqListed
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10.3 $BTC earned daily on average, equal to approximately $648,900 per day based on a BTC price of $63,000 at February 29, 2024. ๐ Press Release: $BITF #Bitcoin #BitcoinMining
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#Bitfarmsโ newest expansion is in Sharon, Pennsylvania. Situated within the Pennsylvania-New Jersey-Maryland Interconnection (PJM), this area is rapidly adding renewable capacity, significantly contributing to the decarbonation of the grid. Bitfarms will retrofit the existing
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๐ Mined 2,750 #Bitcoin in the first ten months of 2021. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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Reduced the average cost of BTC production to $6,900/BTC, down.23% from $9,000/BTC in Q2 2021. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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We are pleased to announce that Bitfarms has assumed control of its newest data center in Sharon, Pennsylvania. - Closed on 110 MW.- 30 MW expected online by YE 2024.- LOI signed for additional 10 MW. To learn more, see the full details here: #Bitcoin
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๐ฃ๏ธ Ben Gagnon (@hashoveride), Chief Mining Officer: "In May, we completed two farm upgrades at Cowansville and Bunker and filled three of five buildings in Paso Pe with new miners. This increased our installed hashrate to 9.5 EH/s, with approximately 7.5 EH/s currently operating,
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Good morning everybody! -14 here in Saint-Hyacinthe, Quรฉbec, perfect time to mine! โ๐โ๐โก๏ธ#Bitfarms #BitcoinQuebec
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#Bitfarms Provides May 2024 Production and Operations Update. - Earned 156 BTC in May 2024.- Secured additional hydropower in Paraguay ๐ต๐พ with potential to add 6 EH/s in 2025.- Increased installed hashrate to 9.5 EH/s with 7.5 EH/s operational.- Improved corporate energy
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๐ช๐ป Bitfarmsโ Cowansville, Quebรฉc, facility is now operational and expected to be running at full capacity by the end of September. This is expected to contribute approximately 100 Petahash above the current production level. ๐ #BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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Our 200 MW Data Center in Yguazu is progressing rapidly!. The rapid scale at which we are developing this site is unparalleled and is an incredible testament to our amazing team and capabilities. Four months ago it was just a soy field and in five months it is expected to be
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Bitfarms secured a $100 million credit facility with @GalaxyDigitalHQ backed by #Bitcoin ($BTC)
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#Bitfarms Issues Statement re: Riotโs Comments & Actions. โข Board is committed to maximizing shareholder value & continues to welcome Riot in strategic alternatives review.โข Shareholder Rights Plan preserves integrity of process.โข Riotโs interests are not aligned with BITF.
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As we enter the #Halving, we remain focused on our 2024 transformational fleet upgrade and expansion plan which triples our hashrate to 21 EH/s. #BITF #BTC #BitcoinMining
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Bitfarms has entered into a definitive agreement under which the Company will acquire 100% of the equity securities of Stronghold Digital Mining, Inc (NASDAQ: SDIG). This agreement would add significant value to shareholders, including:. - Provides Path to 950 MW Active Power
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๐ Minting #Bitcoin in Paraguay ๐ต๐พ. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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As we deploy an additional 30,000 miners this quarter, we expect to drive rapid increases in both our hashrate and energy efficiency, while executing towards our 12 EH/s and 21 EH/s targets in 2024. $BITF $BTC #BitcoinMining
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๐ New facility in Argentina ๐ฆ๐ท greatly expands global #Bitcoin mining production at a substantially lower cost. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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๐ต๐พ Yguazu Construction Update! ๐ง. With 4 buildings taking shape, the data center complex is growing rapidly.๐ชOnce complete, Yguazu will support 200 MW of hydropower. Look forward to future updates on this build. #Bitcoin #Blockchain $bitf
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๐ฆ๐ท Rio Cuarto was Bitfarmsโ first data center in South America, and itโs still driving us towards the future. Check out our newest update on this high-tech facility, with over 50 MW of low-cost power!โก๏ธ. #Bitcoin #BitcoinMining #Blockchain #BITF $BITF
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6.3 $BTC earned daily on average, equal to ~$384, 400 per day based on a BTC price of $61,000 at June 30, 2024. Press Release: . $BITF #BitcoinMining
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๐๐ผ Geoff Morphy, President & CEO and Benoit Gobeil, EVP Infrastructure and Operations, hanging out at our Farnham farm, keeping an eye on how our newest T21s and S21 Hydro miners are coming along as we prepare to energize them!
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๐ง Construction is underway at our Baie-Comeau site as we embark on the new build, advancing towards the 11 MW expansion planned for H2 2024. $BITF $BTC #BitcoinMining
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๐ More miners coming online at Leger tonight!. ๐ #BITF $BTC #BitcoinMining #Blockchain #NasdaqListed
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๐ 405 new BTC mined during April 2022, up 75% from April 2021. ๐ $BITF #Bitcoin #BitcoinMining #Blockchain #NasdaqListed
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#Bitfarms Provides July 2024 Production and Operations Update. - Earned 253 BTC in July 2024.- 24.6 BTC/average EH/s.- Added 111 BTC, bringing Treasury to 1,016 BTC.- All five warehouses and eight hydro containers have been fully energized in Paso Pe.- Baie-Comeau expansion to 22
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Discover the #Bitfarms journey through our three data centers in Paraguay:. - Villarica, enjoying unparalleled uptime since 2022.- Paso Pe, now fully operational at 3 EH/s.- Yguazu, under construction, with 200 MW contracted. ๐ต๐พ Learn more about the region from its largest miner!
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#Bitfarms December Production: .- Increased hashrate 97% y/y to 12.8 EH/s .- Improved efficiency 40% y/y to 21 w/TH.- Earned 2,914 BTC in 2024.- Expanded operational MW 35% Y/Y to 324MW.- Acquisition of Stronghold Digital Mining on track to close in Q1 2025 -.Learn more:.
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#Bitfarmsโ #BTC 2021 Monthly Production:. Jan: 199 BTC.Feb: 178 BTC.Mar: 221 BTC.Apr: 232 BTC.May: 262 BTC.Jun: 265 BTC.Jul 391 BTC.Aug: 354 BTC.Sep: 305 BTC.Oct: 343 BTC.Nov: 339 BTC.Dec: 363 BTC. TOTAL: 3,452 BTC. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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๐Paso Pe, Paraguay ๐ต๐พ. WH1 extractor test โ
.Refrigeration test โ
.Network wiring for 4 modules โ
. ๐ The cleanups begin. We are ready to connect miners ๐ช๐ผ. $BITF $BTC #BitcoinMining
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๐ #Bitfarms will report its fourth quarter and full year 2023 financial results on Thursday, March 7, 2024 before the market opens: Management will host a conference call on the same day at 8:00am EST. A presentation of the Q4 2023 results will be.
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Having confirmed the tremendous performance of our T21 miners currently running, and with #Bitcoin prices reaching all-time highs, we acted quickly to secure these miners at attractive prices in advance of anticipated hardware price increases. Together, with our 35,888 Bitmain
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The first batch of new miners has arrived! They are already hashing.
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#Bitfarms on track to deliver record hashrate & efficiency growth!. ๐ Results Presentation: $BITF $BTC #BitcoinMining
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โ๏ธ Five fully operational farms and four new ones under construction. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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#Bitfarms Doubles Yguazu Power Capacity to 200 MW with Additional 100 MW of Hydropower in Paraguay ๐ต๐พ. Long-term, low-cost power contracts at a competitive rate expected to provide significant path for growth. ๐ Press Release: #BITF #BTC #BitcoinMining
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๐ง๐ท๐ปโโ๏ธ๐ท๐ป
๐ง๏ธ Rainy days won't slow us down!.Building our farm in Paso Pe, Paraguay ๐ต๐พ at the same pace as the rising #Bitcoin price ๐ช. $BITF $BTC #BitcoinMining
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#Bitfarms reports $42 million revenue and significant progress growing its geographically diversified portfolio, including:. - Agreements for an additional 220 MW in the U.S. and Paraguay.- Energizing 70 MW in Paso Pe.- Upgrading over 70% of Quebec fleet. See results presentation
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๐ 301 new $BTC mined during January 2022, up 51% from January 2021. ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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#Bitfarms Provides April 2024 Production and Operations Update. - Earns 269 $BTC in April 2024.- Improves corporate energy efficiency 9% to 31 w/TH.- Tracking to 21 EH/s and 21 w/TH in 2024 with transformative fleet upgrade.- Expects VAT refund from Canada ๐จ๐ฆ of US $23.7M. ๐
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๐ฃ๏ธ "In 2022 we plan to nearly double our operational farms, triple our operating capacity and quadruple our installed hashrate.", @GrodzkiEmiliano . ๐ $BITF #BTC #BitcoinMining #Blockchain #NasdaqListed
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We welcome Fanny Philip to the Bitfarms board. Ms. Philip @FannyPh9 is a recognized expert in the blockchain technology field, with experience including:. - Founder of MTI Conseils, Inc. - Former CFO and VP Finances of Canada Computational Unlimited Inc. - Former COO of SATO
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"Chinese crackdown allow North American miners to hodl more #Bitcoin". Five publicly listed firms mined a combined total of 1,802 #BTC that month, a 58% average increase over June. โ๏ธ @namcios.๐๏ธ @BitcoinMagazine. ๐ $BITF #BitcoinMining #NasdaqListed.
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#Bitfarms Provides June 2024 Production and Operations Update. - Earned 189 BTC in June 2024.- Secured additional 120 MW in Pennsylvania with potential to add 8 EH/s in 2025.- Increased installed hashrate to 11.4 EH/s with 10.4 EH/s operational.- Improved corporate energy
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The acquisition of Strongholdโs power contracts will add strength, diversity and flexibility to Bitfarmsโ current portfolio. We expect to add a potential short-term power capacity of 310 MW and a potential long-term total power capacity of 905 MW. Learn more about our new
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๐ง Checking out the latest updates on the construction of our facilities in Paraguay ๐ต๐พ. Exciting times ahead!. 1. Construction at Paso Pe. First air cooled warehouse. First transformer arrived, ventilation fans in the roof installed, six more transformers arriving this week. 2.
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Bitfarms announces purchase agreement for 48,000 MicroBT miners and named TSXV's top 50 listing. The production capability of Bitfarms mining fleet is expected to grow from over 1.0 EH at the present time to 3.0 EH by the end of 2021 and then to exceed 8.0 EH by the end of 2022.
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