229
MW planned for 2023
Our Farms, Our Difference
Bitfarms is an Early Mover in the Bitcoin Mining Industry
We are executing aggressive buildout and designing state-of the-art Bitcoin mining operations to optimize fleet infrastructure. By focusing on hydroelectricity and private locally-sourced natural gas, we keep our cost and environmental impact low while securing 2% of the Bitcoin network.
Innovative Facilities and Design
Engineered for Stability
Our farms are built for efficiency, consistency, and stability. With innovative designs like overhead cable troughs, increased natural airflow, and high-capacity transformers, our facilities are optimized for superior miner performance and easy service access.
Powering More Miners Efficiently
Our miners are powered by 99% green hydroelectricity and maintain a low average cost of about US$0.04/kWh. Paired with our recently updated and high functioning miner fleet, our mining is more efficient than ever.
Low Cost/High Uptimes
By keeping low energy costs through sustainable means, we are able to focus on maintaining our current average of 99% uptime. Low costs and high uptimes are what make Bitfarms a leader in Bitcoin mining when it comes to profit and efficiency.
Industrial Scale
Our company operates at a unique scale. We have access to our own service engineers at each location through Volta Électrique, our proprietary technology makes minimizing downtime simple and straightforward, and we operate at a multi-national level in 4 countries.
Strengths/Methodology/Team & Staff
Bitfarms’ greatest strengths lie in its sustainability, innovation, and skilled teams. The combined experience of our leadership and staff keeps our operations profitable and stable.
Decentralized Operations
We believe in the value of diverse and globalized operations, with 10 operational farms across 4 countries in 2 continents: Canada, United States, Argentina, and Paraguay.
