Bitcoin Mining Company
Bitfarms is a global, vertically integrated company that builds and manages data center infrastructure for Bitcoin mining and AI/HPC.
310
MW
12
Data Centers in Operation
11.3
EH/s
7.2
BTC/day
Our Vision
Empowering the digital financial economy with trust, transparency, and high industry standards. Leading by operating innovative, sustainable, and industrial-scale Bitcoin mining operations that engage communities around the world.
Our Values
We are passionately engaged with our work, and we seek out opportunities to go above and beyond what is required to get the job done. Achieving the Company's mission and vision is the driving force behind our efforts.
We aim to be consistently outstanding and innovative through persistence, competence, and resilience. We set the standard of best practices in our field with a growth mindset, by accepting change, challenge, and pursuing unexplored ideas.
We speak and interact openly, consistently and with the highest regard for our promises and obligations with everyone we engage with, upholding trust, accountability, and transparency. We maintain strong ethical and moral principles, while respecting all laws and regulations where we operate.
We treat each other with fairness, courtesy, and kindness indiscriminately. We encourage each member of the team to share their unique opinions and ideas and actively listen with open minds. We value the diversity of our teams and everyone's individual abilities, qualities, and achievements.
We strive towards a common goal by appreciating the different set of skills, talents, and experiences that each of us brings. We know that our best work is not produced alone but rather by fostering collaboration and supporting each other. In an environment that is safe, trusting, and communicative, we achieve the highest standards of quality.
We Believe in Our People & Our Culture
We are a technology company that believes you need the right energy in your culture to power up your mining operations and scale to industry demand. Our culture is at the heart of what we do.
Benefiting Our Communities
Our operational goals include returning value to the communities where our Bitcoin mining data centers are located. Through job creation, energy use mitigation, and decentralized banking opportunities, Bitfarms works to have a positive impact on its surrounding regions.
Vertically Integrated Business Spanning the Globe
Fueling Our Success and Longevity with Technology
Bitfarms' global operations consist of multiple data centers dedicated to Bitcoin and an in-house electric contractor, creating an optimized fleet infrastructure and support system running on over 75% renewable energy. We leverage low cost power, efficient hardware, operational excellence and strong financial positioning to generate industry-leading yield-per-exahash and margin performance.
Canada
Operations
We own and operate eight recently upgraded Bitcoin data centers in Canada at over 158 MW. In addition, our in-house construction and maintenance company, Volta Electrique, improves downtime and efficiency and serves as another revenue stream.
US
Operations
Our US investments include a fully operational, 17.5 MW Bitcoin data center operating on renewable hydropower in Washington state, as well as a large, 120 MW Bitcoin data center under construction in an area critical to Pennsylvania's energy transition.
Argentina Operations
Our Argentina operation is an eight-year contract that can be grown from 50MW to 210MW. With 58 MW expected by year end, Rio Cuarto will continue expanding.
Paraguay Operations
Our three Bitcoin data centers in Paraguay are powered by 100% renewable electricity. Our Villarica and Paso Pe data centers have energized over 80 MW, complemented by 200 MW under construction at Yguazu.
Creating a Sustainable Future in Cryptocurrency
By focusing on surplus hydroelectricity and private locally-sourced natural gas, we keep our costs and impact low. Our commitment is to focus on renewable and locally-sourced energy solutions while keeping our operation output low.
We are also committed to mitigating energy waste in communities we operate in, helping power grids through curtailment, using surplus power, and providing revenue to hydro companies.