Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M
Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million...
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Bitfarms clocks loss amid AI pivot
Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a...
HIVE Digital Buys Bitfarms’ Paraguay BTC Mine for $56M
HIVE Digital has finalized the acquisition of Bitfarms’ partially completed 200-megawatt Bitcoin mining facility in Yguazú, Paraguay, for $56 million....
Canadian bitcoin miner Bitfarms mulls pivot to AI data centers | Reuters
Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to meet...
Bitfarms increases mining pace, generates 411 BTC in September
The Canadian Bitcoin (BTC) mining firm Bitfarms has been actively scaling operations, significantly increasing the amount of mined BTC last...
Bitfarms doubles down on Paraguay, secures additional hydropower to buoy mining rigs
Bitcoin mining company Bitfarms is continuing its hydropower bent. In the latest instance of the publicly traded Bitfarms turning to...
Bitfarms sold 90% of its Bitcoin mined in May
Bitcoin (BTC) miner Bitfarms sold 414 BTC, representing 90.19%, of its mined 459 BTC in May, according to a June...
Bitfarms Q1 Bitcoin production rose 35% to 1,297 BTC YOY
Bitcoin (BTC) mining firm Bitfarms said its BTC production increased 35% to 1,297 BTC in the first quarter of the...
Bitfarms pay off $21M debt with one-time cash payment of $7.75M
Crypto miner Bitfarms has settled a $21 million debt owed to bankrupt crypto lender BlockFi with a one-time cash payment...
Bitfarms CEO Emiliano Grodzki Resigns Amid Industry Struggles
Emiliano Grodzki has stepped down as CEO of leading Bitcoin mining firm Bitfarms, joining a long list of crypto executives...