*Petahash [per second] (PH/S) and megawatt (MW) numbers reflect the maximum operational capacity for all ASIC miners. Actual figures will vary slightly due to routine maintenance.
to reshape the world
We provide an essential service, the validation and verification of global cryptocurrency transactions
The mining process deals with the validation of transactions on the Bitcoin network. Miners receive rewards for maintaining the integrity of the network and are incentivized to only generate blocks containing legitimate transactions.
Installed Bitcoin Mining Capacity
69 MW of built out infrastructure
Across 5 computing centres in Quebec, Canada
US$0.04 / kWh average cost
99% green hydroelectricity
Leading cost efficiency
Through scale, vertical integration and operational excellence
TSX:V – BITF
First cryptocurrency miner to file a full prospectus with the OSC
Solid Balance Sheet
CAD 155 million of equity raised in 2021
Audited by Big 4 CPA firm
Veteran industrial-scale data centre and capital markets professionals
Leadership and Board of Directors
CHIEF EXECUTIVE OFFICER, BOARD MEMBER AND FOUNDER
Emiliano is a founder of Bitfarms as well as a business builder and innovator. With over 20 years of experience having successfully built multi-million dollar private businesses, Emi is responsible for setting the Company’s overall vision and strategy.
CHIEF FINANCIAL OFFICER
Jeffrey has extensive international finance and operational experience with public companies listed on the NYSE and Nasdaq. He previously worked in high-yield investment banking with L.F. Rothschild and in institutional money management as a securities analyst with Wells Capital Management. He is a CFA charterholder, CPA and earned an MBA from Harvard Business School, a BA in Economics from Tufts University, and studied at the London School of Economics.
Geoff has 35 years of experience in senior management roles of banks, corporate advisory firms and industry. He has served on the boards of several private and publicly traded companies located in North America and Europe. Geoff was a former director of Bitfarms. Possesses his IoD designation and became an officer in August 2020.
EXECUTIVE CHAIRMAN AND FOUNDER
Nico is a founder of Bitfarms as a well a successful entrepreneur and business builder. Nico brings over 20 years of business experience having built a successful chain of hotels in South America and is responsible for developing strategic opportunities for growth of the Company.
Mr. Seccareccia joined the board of directors in June 2019. He has extensive experience in financial consulting and management. A Partner of the Coopers & Lybrand accounting firm from 1976 to 1998, he acted as Managing Partner for its Montreal south shore office from 1987 to 1989, for its Montreal central office from 1992 to 1996, and for its offices in the Province of Quebec from 1996 to 1998. Following the merger in 1998 of Coopers & Lybrand with Price Waterhouse, he acted as Managing Partner for the Montreal office of PricewaterhouseCoopers LLP from 1998 to 2001. Since 2003, Mr. Seccareccia has acted as a full-time independent corporate director for various public and private entities.
Mr. Seccareccia is the Chair of the Audit Committee.
Brian is a CPA with 30+ years experience. Brian has served as senior officer and director of many public companies. He currently serves as President and CEO of Canadian Orebodies Inc. and CR Capital Corp., and he is a director of Nighthawk Gold Corp. and Dundee Sustainable Technologies Inc.
Andres was a Founder and Portfolio Manager of Soros Brothers Investments LLC, a New York based Fund created in 2011 for the benefit of Alexander and Gregory Soros, sons of George Soros. Mr Finkielsztain previously worked at J.P.Morgan for over 10 years in various capacities within asset management. Prior to JPM, Andres was an analyst for Emerging Markets at Soros Fund Managment LLC. He also sits at the Board of Directors of a publicly listed company, Goldmoney Inc.
Corporate Governance Documents
|July 6, 2021||NASDAQ Statement of Corporate Governance Differences||Download|
|July 15, 2019||Mandate of the Board of Directors||Download|
|July 15, 2019||Audit Committee Charter||Download|
|July 15, 2019||Governance, Nomination and Compensation Committee Charter||Download|
|July 15, 2019||Code of Business Conduct and Ethics||Download|
|July 15, 2019||Whistleblower Policy||Download|
|July 15, 2019||Disclosure and Confidentiality Policy||Download|
|July 15, 2019||Securities Trading Policy||Download|