Bitfarms | ForkLog

ForkLog 6 13.01.2023

Bitfarms Warns of Possible Default on BlockFi Loan

Bitfarms said it is seeking more favourable repayment terms for the $20 million remaining loan from the crypto-lending platform BlockFi. Among other actions, the firm allowed a halt in repayments.

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ForkLog 27 14.12.2022

Nasdaq warns Bitcoin miner Bitfarms of potential delisting

Mining company Bitfarms has received a notification from Nasdaq about a possible delisting for violating its rules.

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ForkLog 7 14.11.2022

Bitfarms narrows quarterly loss to $85 million

The mining company Bitfarms reported a net loss of $85 million in the third quarter, compared with $142 million in the prior period.

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ForkLog 7 15.08.2022

Bitfarms reports $142 million loss for Q2

For the second quarter, Bitfarms, listed on Nasdaq and the Toronto Stock Exchange, posted a net loss of $142 million. In April–June, the mining company mined 1,257 BTC, according to the press release.

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ForkLog 11 21.06.2022

Bitfarms abandons Bitcoin-accumulation strategy

Canadian publicly traded mining company Bitfarms has tweaked its strategy for storing mined Bitcoin in order to increase liquidity and strengthen its balance sheet.

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ForkLog 13 10.01.2022

Bitfarms buys 1,000 BTC worth $43.2 million in the first week of 2022

The Nasdaq- and Toronto Stock Exchange-listed Bitfarms bought 1,000 BTC for the company's balance sheet, worth $43.2 million, in the first week of 2022.

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ForkLog 10 31.12.2021

Bitfarms Secures $100 Million Credit Facility From Galaxy Digital

Crypto merchant bank Galaxy Digital opened a $100 million credit line for the Canadian public mining company Bitfarms, backed by Bitcoin.

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ForkLog 14 12.11.2021

Bitfarms to Launch Mining Center in Washington State

Bitfarms, the Canadian publicly traded mining company, said it acquired a 24 MW data center in Washington State for $26 million.

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ForkLog 10 08.10.2021

Bitfarms begins construction of Argentina data centre to house 55,000 miners

The Canadian publicly traded mining company Bitfarms has begun construction in Argentina on a new cryptocurrency mining facility with a capacity of 210 MW.

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ForkLog 7 01.10.2021

Bitfarms boosts Bitcoin production by 38%

The Toronto-listed Canadian mining company Bitfarms mined 1,050 BTC in Q3 2021, up 38% from the prior period.

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ForkLog 8 06.08.2021

Bitfarms boosts bitcoin reserves to 1,678 BTC

Public mining company Bitfarms announced an increase in Bitcoin production in July and its commitment to a long-term reserve-accumulation strategy.

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ForkLog 9 15.07.2021

Bitfarms mined 1,357 BTC in six months

The public mining company Bitfarms said that for the first six months of 2021 it mined 1,357 BTC, and by July the figure had reached 1,515 BTC.

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