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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.

Bitcoin Mining Output Declines in May, Report Miners
ForkLog 11 16.06.2024

Bitcoin Mining Output Declines in May, Report Miners

In early June, mining companies reported their performance results for the previous month. ForkLog has compiled the key figures in one article. Marathon Digital Holdings In May, Marathon Digital Holdings produced 616 BTC — a 51% decrease compared to the same period last year. Compared to April, the figure dropped by 27%. Data: Marathon Digital […]
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Riot Platforms Expands Stake in Bitfarms to 14%
ForkLog 7 14.06.2024

Riot Platforms Expands Stake in Bitfarms to 14%

The mining firm Riot Platforms has increased its holdings in rival Bitfarms to 57.62 million shares (14%). Over the course of a week, the company allocated $3.87 million to acquire 1.43 million securities. These actions reflect Riot’s ambitions to execute a hostile takeover of Bitfarms. On May 29, it was revealed that the company had […]
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Bitfarms Adopts 'Poison Pill' to Thwart Riot Platforms Takeover
ForkLog 7 10.06.2024

Bitfarms Adopts ‘Poison Pill’ to Thwart Riot Platforms Takeover

The board of directors of the mining company Bitfarms has adopted a shareholder rights plan following a purchase proposal from competitor Riot Platforms. This initiative, commonly referred to as a “poison pill,” aims to protect the interests of security holders by preventing any potential hostile takeover attempts. On May 29, it was revealed that Riot […]
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Riot Expands Stake in Rival as Core Scientific Rejects $1 Billion Acquisition
ForkLog 12 07.06.2024

Riot Expands Stake in Rival as Core Scientific Rejects $1 Billion Acquisition

Analysts anticipated a wave of consolidations in the mining industry following the halving. Recent activities by major players in the sector have confirmed these forecasts. Core Scientific Rejects $1 Billion Offer from CoreWeave Mining firm Core Scientific rejected a non-binding proposal from AI company CoreWeave to acquire all outstanding shares at $5.75 each, totaling approximately […]
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Riot Platforms Offers $950 Million Acquisition of Bitfarms
ForkLog 7 29.05.2024

Riot Platforms Offers $950 Million Acquisition of Bitfarms

Mining firm Riot Platforms has proposed to the board of directors of rival Bitfarms an offer to purchase all publicly traded shares at a price of $2.30 each. Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World’s Largest Publicly Listed Bitcoin Miner. Read the full press release here: https://t.co/SnBijrL3i7 For disclaimers, […]
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Bitfarms Dismisses CEO Amidst $27 Million Lawsuit
ForkLog 40 13.05.2024

Bitfarms Dismisses CEO Amidst $27 Million Lawsuit

The mining firm Bitfarms expedited the dismissal of CEO Geoffrey Morphy following his lawsuit against the company. This was announced in a press release. In March 2024, the company announced a change in CEO. At that time, it was expected that Morphy, who had held the position since December 2022, would continue his duties during […]
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Bitcoin Mining Output Declines in April, Say Miners
ForkLog 13 12.05.2024

Bitcoin Mining Output Declines in April, Say Miners

In early May, mining companies reported their performance for the previous month. ForkLog compiled the key metrics in one article. Marathon Digital Holdings In April, Marathon Digital Holdings produced 850 BTC — a 21% increase from the same period last year. However, compared to March, the figure decreased by 5%. Data: Marathon Digital Holdings. According […]
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Bitfarms Boosts Bitcoin Hashrate to 7 EH/s
ForkLog 12 15.04.2024

Bitfarms Boosts Bitcoin Hashrate to 7 EH/s

The mining firm Bitfarms has increased its hashrate in the Bitcoin network to 7 EH/s following the deployment of 5,000 modern installations at two sites in Canada. #Bitfarms Reaches 7 EH/s with Completion of Fleet Upgrade at Garlock and Farnham Facilities — Corporate energy efficiency improves 9% to 31 w/TH Upgrade Highlights: At Garlock installed […]
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Bitcoin Miners Ramp Up Production Ahead of Halving
ForkLog 10 07.04.2024

Bitcoin Miners Ramp Up Production Ahead of Halving

In early April, mining companies reported their performance results for the previous month. ForkLog has compiled the key figures in one report. Marathon Digital Holdings In March, Marathon Digital Holdings produced 894 BTC—an increase of 7% compared to the previous month. Data: Marathon Digital Holdings. According to the press release, the hash rate fell by […]
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Bitfarms Acquires Over 51,000 Bitcoin Miners from Bitmain
ForkLog 16 12.03.2024

Bitfarms Acquires Over 51,000 Bitcoin Miners from Bitmain

The mining company Bitfarms has acquired 51,908 bitcoin mining rigs from the Chinese manufacturer Bitmain. #Bitfarms announces the purchase of an additional ~51,900 new miners. ? Press Release: https://t.co/PVXf8jODTy$BITF $BTC #BitcoinMining pic.twitter.com/gROQdl8jPx — Bitfarms (@Bitfarms_io) March 11, 2024 The firm exercised an option for 28,000 Antminer T21 units and additionally purchased 19,280 similar miners at […]
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Bitcoin Mining Output Declines in February
ForkLog 25 06.03.2024

Bitcoin Mining Output Declines in February

In early March, mining companies reported their performance for the previous month. ForkLog compiled the key figures in one article. Marathon Digital Holdings In February, Marathon Digital Holdings produced 833 BTC — a 23% decrease from the previous month. Data: Marathon Digital Holdings. According to the press release, the hash rate increased by 9% to […]
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Marathon Digital's Bitcoin Production Plummets by 42% in January
ForkLog 8 09.02.2024

Marathon Digital’s Bitcoin Production Plummets by 42% in January

At the beginning of February, mining companies reported their performance results for the past month. ForkLog compiled the key figures in one article. Marathon Digital Holdings In January, Marathon Digital Holdings produced 1084 BTC — a 42% decrease compared to the previous month. Source: Marathon Digital Holdings. According to the press release, the hash rate […]
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