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NEWS

Bitcoin Miner Bitfarms (BITF) to Exit Bitcoin Mining, Pivot to AI Computing

Micah Zimmerman -
Bitfarms is winding down its Bitcoin mining over two years to focus on AI and high-performance computing infrastructure amid falling crypto profits.
BUSINESS

Bitcoin Miner Riot Q2 Update Underscores Market Conditions, Holds Over 6,000 BTC

Shawn Amick -
The company still holds a large treasury and ramped up its infrastructure through a $14 million bitcoin sale and dumping over 30 million shares onto the market.
BUSINESS

Public Miners Start Selling Bitcoin Treasuries

Dylan Leclair And Sam Rule -
As June monthly production updates roll out over the next week, Core Scientific and Bitfarms have both sold nearly 50% or more of their bitcoin treasuries.
BUSINESS

Bitfarms Mined 431 BTC in May, Now Holds $192 Million In Bitcoin

Shawn Amick -
Bitfarms, a publicly traded miner, released its bitcoin mining update showing 431 BTC mined with 6,075 BTC ($192 million) held in custody.
BUSINESS

Bitfarms Mined 405 Bitcoin In April, Now Holds 5,646 BTC

Shawn Amick -
Bitfarms released a bitcoin mining update detailing a 75% YoY increase in production and the custodying of 99% of total mined BTC in April.
BUSINESS

The Current State Of Bitcoin Mining

Sam Rule -
The trend of falling hash price will force weaker miners to unplug, find more efficient energy sources and/or sell off machines or bitcoin holdings.
BUSINESS

Bitcoin Miner Bitfarms Buys 1,000 BTC

Namcios -
The company’s purchase in January’s first week increased its bitcoin holdings by 30%.
BUSINESS

Most Public Bitcoin Miners Are Thriving

Namcios -
Five public miners produced a total of 1,475 bitcoin in November, worth nearly $80 million.
BUSINESS

Bitfarms Enters US Bitcoin Mining Market With 24 MW Hydropower Farm

Namcios -
The bitcoin miner acquired its first property on American soil in a bid to reduce operating costs and increase margins.
BUSINESS

Bitfarms Building Two New Bitcoin Mining Farms Of 78 MW Capacity In Canada

Namcios -
The two farms are expected to accommodate 21,000 bitcoin mining rigs and generate over 2 EH/s.
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