Bitfarms Earnings & News Analysis
by Ben Gagnon, Anthony Power & Bryce McNallie
Leading the Industry in Production
As a part of our latest growth strategy, our miner upgrade will boost our
hashrate from 6.5 EH/s to an impressive optional 17 EH/s. Bitfarms' strong balance sheet, state of the art mining facilities and low-cost power contracts have paved the way to improving our mining economics and lowering our costs prior to the Halving.
Mining for the Future
Founded in 2017, Bitfarms is a global Bitcoin mining company, running vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver high operational performance and uptime.