Bitfarms Provides June 2024 Production and Operations Update
Bitfarms .(BITF) Newsfilter·2024-07-01 19:00- Earned 189 BTC in June 2024 -- Increased installed hashrate to 11.4 EH/s with 10.4 EH/s operational - - Improved energy efficiency to 25 w/TH, up 36% Y/Y and 7.4% M/M -- Strategic U.S. expansion with 120 MW site, well suited for HPC/AI -- 2025 power capacity target more than doubles to 648 MW from current 310 MW -- On track to deliver 21 EH/s and 21 w/TH in 2024; Initiated 2025 guidance of 35+ EH/s - This news release constitutes a "designated news release" for the purposes of the Company's prospectus s ...