- Crypto stock Bitfarms (TSX:BITF) has reached its previously stated goal of a hashrate of 7 exahash per second after installing over 5,000 Bitmain T21 miners in Quebec
- The company held 806 Bitcoins in treasury as of March 2024, which is equivalent to about US$57 million at Friday’s price
- Bitfarms is a global Bitcoin mining company operating 11 facilities and developing two others across Canada, the United States, Paraguay and Argentina
- Bitfarms stock has added 79.45 per cent year-over-year, but only 20.18 per cent over the past five years
Crypto stock Bitfarms (TSX:BITF) has reached its previously stated goal of a hashrate of 7 exahash per second (EH/s) after installing over 5,000 Bitmain T21 miners in Quebec.
The company installed 3,168 T21s at its Garlock farm, while it installed 1,710 T21s and 100 M53S+ hydro miners at its Farnham farm, with over 30,000 T21s scheduled to be delivered to…
