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Культовый журнал о биткоине, технологии блокчейн и цифровой экономике. forklog hub Площадка для общения криптосообщества. Соединяем компании и пользователей.

#Bitfarms

Bitfarms is a global Bitcoin mining company.

Bitfarms Reports $46 Million Loss and Shift from Mining to AI
ForkLog 86 14.11.2025

Bitfarms Reports $46 Million Loss and Shift from Mining to AI

Bitfarms announced a gradual cessation of its cryptocurrency mining operations in favor of developing infrastructure for artificial intelligence.
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Expert Assesses Bitcoin's Chances of Falling Below $75,000
ForkLog 15 29.01.2025

Expert Assesses Bitcoin’s Chances of Falling Below $75,000

The recent pullback in Bitcoin has increased the likelihood of its further decline to $75,000 in the first quarter of the year, though the probability remains below 10%. This assessment was provided by Derive, reports Cointelegraph. Experts estimated the probability at 9.2%. Before testing the psychological mark of $100,000, it was 7.2%. The analysts’ calculations […]
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Bitfarms and Riot Platforms Reach Settlement on Shareholding
ForkLog 11 23.09.2024

Bitfarms and Riot Platforms Reach Settlement on Shareholding

A settlement between mining companies Bitfarms and Riot Platforms prohibits the latter from acquiring more than 20% of its competitor’s shares without board approval, according to a joint press release. Under the agreement, Bitfarms co-founder Andres Finkelstein has stepped down from the management team, with Amy Friedman, an independent expert in corporate governance and capital […]
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Bitfarms to Boost Bitcoin Hashrate by 2.2 EH/s Ahead of Schedule
ForkLog 9 15.09.2024

Bitfarms to Boost Bitcoin Hashrate by 2.2 EH/s Ahead of Schedule

The Canadian mining firm Bitfarms has entered into an agreement with a subsidiary of Stronghold Digital Mining to expedite the deployment of 10,000 Antminer T21 units under hosting conditions. The integration of these units into the network in October is expected to add 2.2 EH/s to Bitfarms’ Bitcoin hashrate. The equipment was initially intended for […]
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Bitcoin Mining Output Declines in August, Miners Report
ForkLog 12 15.09.2024

Bitcoin Mining Output Declines in August, Miners Report

In early September, mining companies reported their performance for the previous month. ForkLog compiled the key figures in one article. MARA In August, MARA (formerly Marathon Digital) produced 673 BTC. Compared to July, this figure decreased by 3%. Data: MARA. According to the press release, the activated hash rate increased to 35.2 EH/s, which is […]
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Bitfarms to Acquire Stronghold Digital for $125 Million
ForkLog 10 21.08.2024

Bitfarms to Acquire Stronghold Digital for $125 Million

Canadian mining company Bitfarms has entered into a definitive agreement to acquire its American competitor, Stronghold Digital Mining, in a deal valued at approximately $125 million. We are pleased to announce that #Bitfarms has entered into a definitive agreement to acquire @Stronghold_DM. Stronghold brings to Bitfarms vertically integrated crypto asset mining operations and access to […]
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Bitcoin Mining Recovery in July: Miners Report Increased Production
ForkLog 18 18.08.2024

Bitcoin Mining Recovery in July: Miners Report Increased Production

In early August, mining companies disclosed their operational results for the previous month. ForkLog compiled the key metrics in one report. MARA In July, MARA (formerly Marathon Digital) produced 692 BTC — a 41% decrease compared to the same period last year. However, this was a 17% increase from June. Source: MARA. According to the […]
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Riot Platforms Expands Stake in Bitfarms to 18.9%
ForkLog 8 14.08.2024

Riot Platforms Expands Stake in Bitfarms to 18.9%

Mining firm Riot Platforms has acquired an additional 1 million shares of Bitfarms, raising its stake to 18.9% with the intention of a hostile takeover, as reported by The Block. Currently, Riot Platforms holds over 85.29 million securities of its competitor, making it the largest shareholder. On August 13, Bitfarms co-founder Nicolas Bonta resigned from […]
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Bitfarms Faces Challenges with Bitmain Bitcoin Miners
ForkLog 23 02.08.2024

Bitfarms Faces Challenges with Bitmain Bitcoin Miners

In July, the mining firm Bitfarms failed to achieve its target hash rate of 12 EH/s due to performance issues with approximately 3,000 new Antminer T21 units from Bitmain. #Bitfarms Provides July 2024 Production and Operations Update — Earned 253 BTC in July 2024— 24.6 BTC/average EH/s— Added 111 BTC, bringing Treasury to 1,016 BTC— […]
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Bitfarms Adopts New Poison Pill Defence Against Riot
ForkLog 11 25.07.2024

Bitfarms Adopts New Poison Pill Defence Against Riot

Bitcoin miner Bitfarms has approved a new shareholder rights protection strategy to prevent a hostile takeover by competitor Riot Platforms. On June 24, the Ontario Capital Markets Tribunal ruled in favour of Riot, ordering Bitfarms to immediately cease its previous plan. The initiative adopted in June, known as a “poison pill“, proposed that if an […]
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Bitcoin Mining Recovery Eludes Miners in June
ForkLog 6 14.07.2024

Bitcoin Mining Recovery Eludes Miners in June

In early July, mining companies reported their performance for the previous month. ForkLog compiled the key figures in one article. Marathon Digital Holdings In June, Marathon Digital Holdings produced 590 BTC — a 40% decrease compared to the same period last year. Compared to May, the figure dropped by 4%. Data: Marathon Digital Holdings. According […]
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Riot Nominates Independent Directors to Bitfarms Board Amid Hostile Takeover Bid
ForkLog 5 25.06.2024

Riot Nominates Independent Directors to Bitfarms Board Amid Hostile Takeover Bid

The mining firm Riot Platforms has called for a special meeting of Bitfarms shareholders to re-elect the board of directors as part of a hostile takeover campaign. Shareholders of the target company will be asked to vote on the removal of Chairman and Acting CEO Andres Finkelshtain.  The agenda also includes the exclusion of any […]
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