Search Results for "Bitfarms"
Bitfarms to Transform Washington Facility for AI and HPC Workloads
Bitfarms plans to convert its Washington site for high-performance computing and AI workloads by December 2026, featuring advanced liquid cooling and Nvidia GB300 support.
Bitfarms Sells Paso Pe Site, Exits Latin America to Focus on North American Expansion
Bitfarms has announced the sale of its Paso Pe site in Paraguay for up to $30 million, marking its complete exit from Latin America to focus on HPC/AI infrastructure in North America.
Bitfarms (BITF) Wins ISS Backing for U.S. Redomiciliation Vote
ISS recommends Bitfarms shareholders approve U.S. redomiciliation ahead of March 20 vote. BITF stock up 12% as company prepares Keel Infrastructure rebrand.
Bitfarms (BITF) Hires Six Executives to Lead HPC/AI Pivot as Stock Drops 8%
Bitfarms adds six senior leaders from MARA, Brookfield, and Stronghold as it accelerates transition from Bitcoin mining to AI data center infrastructure.
Bitfarms BITF Sets Q4 2025 Earnings Call for March 31 Amid Rebranding Push
Bitfarms schedules Q4 2025 results release for March 31, 2026, as the Bitcoin miner pivots toward HPC/AI infrastructure and plans rebrand to Keel Infrastructure.
Bitcoin Miner Bitfarms Mines 411 BTC in September 2023
Bitfarms, a Canadian Bitcoin mining firm, mined 411 BTC in September 2023, marking a 7.3% increase from the previous month. The company sold 362 BTC, generating $9.5 million in revenue. Bitfarms has been expanding its operations, including fully energizing its Argentina facility at Rio Cuarto to 51 MW, and increasing its total operating capacity to 233 MW.
Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity
Bitfarms has now relied on sales of some of its mined Bitcoins and borrowings to fund its capital expenditure and improve its liquidity.
Bitcoin Miner Bitfarms Mined 1,223 BTC but with $25 Million Net Loss in Q2 2023
Bitfarms mined 1,223 BTC in Q2 2023, reaching a hashrate of 5.3 EH/s. Revenue was $35M, with a net loss of $25M. The firm also secured 150 MW of hydropower.
Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022
Bitfarms expressed its happiness with the progress that it continues to make. The firm achieved record levels of hash rate, revenue, and Bitcoin mined in the first quarter.
Bitcoin Miner Bitfarms Starts Production in Argentina
The new production facility marks Bitfarms’ 10th mining facility and Argentina as the fourth country where the firm conducts its mining activities, besides the U.S., Canada, and Paraguay.
Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July
Bitcoin Miner Bitfarms mined 378 BTC and sold 333 in July 2023. The report details expansion plans, including a move to double hydropower capacity, and highlights challenges faced.
BTC Miner Bitfarms' Energy Capacity Touches 21% in July
Bitfarms' increase in energy capacity reached 166 megawatts following the firm's completion of the second phase of construction at a location in Canada.