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Bullboard - Stock Discussion Forum Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The... see more

TSX:BITF - Post Discussion

Bitfarms Ltd > Adds 4.0 EH/s to Bitfarms’ Hashrate!!
View:
Post by zoevans1 on Aug 21, 2024 10:00am

Adds 4.0 EH/s to Bitfarms’ Hashrate!!

Bitfarms to Acquire Stronghold Digital Mining

Expands and Rebalances Bitfarms Energy Portfolio to Approximately 50% in the U.S. by YE 2025, Consistent with Strategic Plan

Provides Clear Path to 950 MW Active Power Capacity

Adds 4.0 EH/s to Bitfarms’ Hashrate with Expansion Capacity of Potentially Over 10 EH/s with Fleet Refresh

Vertically Integrates into Power Generation with 165 MW of Nameplate Generated Power Capacity

Adds 142 MW of PJM Import Capacity with Long Term Expansion Potential up to 790 MW

https://investor.bitfarms.com/news-events/press-releases/detail/262/bitfarms-to-acquire-stronghold-digital-mining
 

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