CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Bitfarms

Obra de IA sobre el colapso. (DALL-E/CoinDesk)

La exposición de las empresas mineras de bitcoin al contagio de FTX podría perjudicar aún más a la industria

Core Scientific, Bitfarms y Genesis Digital Assets se encuentran entre las mineras que tienen una exposición directa o indirecta a las consecuencias.

By Eliza Gkritsi

Dec 2, 2022 at 8:00 p.m. UTC

Dec 2, 2022

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CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)

Bitcoin Miner Bitfarms Pays Down $27M of Debt

The miner is trying to improve its liquidity during the crypto market downturn.

By Eliza Gkritsi

Nov 14, 2022 at 5:52 p.m. UTC

Nov 14, 2022

BitfarmsBitcoin MiningMining CentersDebt

Un empleado de Bitfarms supervisa hardware de minería de bitcoin. (Aoyon Ashraf/CoinDesk)

Bitfarms abre una operación en Argentina y aumenta el hashrate a 4,1 EH/s

La compañía canadiense planea abrir el próximo año un segundo sitio de minería en el país dados los bajos costos de electricidad.

By Eliza Gkritsi

Sep 19, 2022 at 4:15 p.m. UTC

Sep 19, 2022

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A Bitfarms employee inspecting miners at Cowansville (Aoyon Ashraf/CoinDesk)

Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s

The Canadian company plans to open a second mining site in the country, which has low electricity costs, next year.

By Eliza Gkritsi

Sep 19, 2022 at 12:30 p.m. UTC

Sep 19, 2022

Bitcoin MiningMining CentersArgentinaBitfarms

Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan

The miner paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG.

By Aoyon Ashraf

Jun 17, 2022 at 4:50 p.m. UTC

Jun 17, 2022

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Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)

Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners

CoinDesk spoke to the CEOs of Marathon Digital and Bitfarms at last week’s Bitcoin 2022 Conference.

By Aoyon Ashraf

Apr 11, 2022 at 9:04 p.m. UTC

Apr 11, 2022

Marathon DigitalBitfarmsMiningBitcoin MiningMergersAcquisitionsM&A

Crypto Billionaire Wants to Tackle Bitcoin’s Environmental Impact

Ripple Co-Founder Chris Larsen is teaming up with climate activist groups such as the Greenpeace to launch the “Change the Code, Not the Climate” campaign, which aims to shift the consensus mechanism away from proof-of-work. Bitfarms’ Ben Gagnon addresses bitcoin’s global energy consumption. Plus, a look into Bitfarms’ quarterly revenue jump.

By CoinDesk Staff

Mar 29, 2022 at 3:46 p.m. UTC

Mar 29, 2022

cdtvFM ClipBitfarmsCDSpotlight_SponsorBen GagnonChris LarsenGreenpeace

Finance

Mining

Bitfarms Reports Q4 Revenue Growth of 33% to $60M, Along With Margin Expansion

The miner booked full-year revenue of $169 million, up 383% versus 2021.

By Eliza Gkritsi

Mar 28, 2022 at 2:16 p.m. UTC

Mar 28, 2022

MiningBitcoin MiningEarningsBitfarms

Mining Week

Hut 8 mining

The Future of Mining Finance: Time to Get Creative

To finance mining rigs in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale.

By Aoyon Ashraf

Mar 23, 2022 at 8:42 p.m. UTC

Mar 23, 2022

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