Bitfarms

A Bitfarms mining facility in Washington State, U.S. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
The company will be able to add up to 150 megawatts of energy capacity through the two agreements.
A Bitfarms mining facility in Washington State, U.S. (Eliza Gkritsi/CoinDesk)

Bitfarms CFO on First Quarter Earnings, Bitcoin Mining Outlook
Bitfarms CFO on First Quarter Earnings, Bitcoin Mining Outlook
Bitfarms (BITF) accelerated its stated timeframe for reaching 6 exahash/second (EH/s) of computing power, as its per-share loss narrowed significantly quarter-on-quarter. Bitf...
Bitfarms CFO on First Quarter Earnings, Bitcoin Mining Outlook

Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows
In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter.
Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)

Crypto Makes Its Supreme Court Debut; Bitfarms Sinks to Fourth-Quarter Loss
Crypto Makes Its Supreme Court Debut; Bitfarms Sinks to Fourth-Quarter Loss
Coinbase argued at the U.S. Supreme Court on Tuesday that its disputes over forcing customers into arbitration should freeze the courts while the arguments play out – a moment...
Crypto Makes Its Supreme Court Debut; Bitfarms Sinks to Fourth-Quarter Loss

Bitfarms mining rigs (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise
Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set, and missed, for 2022.
Bitfarms mining rigs (Eliza Gkritsi/CoinDesk)

Bitfarms' mining facility in Washington state (Eliza Gkritsi/CoinDesk)
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Loss to Settle Bitcoin Miner Bitfarms' Debt
The miner had recently warned it might stop paying off the debt to bankrupt BlockFi.
Bitfarms' mining facility in Washington state (Eliza Gkritsi/CoinDesk)

Bitcoin Miner Bitfarms Warns of Default
Bitcoin Miner Bitfarms Warns of Default
Bitcoin miner Bitfarms (BITF) might have already or may in the future stop making installment payments on a $20 million loan from bankrupt crypto lender BlockFi, effectively d...
Bitcoin Miner Bitfarms Warns of Default

Bitfarms mining rigs (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.
Bitfarms mining rigs (Eliza Gkritsi/CoinDesk)

Alameda-Linked Wallet Movement; Bitcoin Miner Bitfarms' CEO Resigns
Alameda-Linked Wallet Movement; Bitcoin Miner Bitfarms' CEO Resigns
On-chain data cited by crypto research firm Arkham Intelligence suggested $1.7 million worth of tokens from Alameda-linked wallets were sold in the open market over a span of...
Alameda-Linked Wallet Movement; Bitcoin Miner Bitfarms' CEO Resigns

Bitfarms President Geoff Morphy has been promoted to CEO. (CoinDesk)
Bitcoin Miner Bitfarms' CEO Resigns and Is Replaced by COO
Emiliano Grodzki, the outgoing CEO, co-founded the Canadian company in 2017.
Bitfarms President Geoff Morphy has been promoted to CEO. (CoinDesk)