TSX:BITF - Post Discussion
Bitfarms Ltd
> Increase in production and hashrate. Great news!
Post by
zoevans1 on Jul 01, 2024 10:03am
Increase in production and hashrate. Great news!
- Earned 189 BTC in June 2024 -
- Increased installed hashrate to 11.4 EH/s with 10.4 EH/s operational -
- Improved energy efficiency to 25 w/TH, up 36% Y/Y and 7.4% M/M -
- Strategic U.S. expansion with 120 MW site, well suited for HPC/AI -
- 2025 power capacity target more than doubles to 648 MW from current 310 MW -
- On track to deliver 21 EH/s and 21 w/TH in 2024; Initiated 2025 guidance of 35+ EH/s -
https://investor.bitfarms.com/news-events/press-releases/detail/252/bitfarms-provides-june-2024-productionand-operations
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