Bitfarms (BITF) Provides December 2024 Production and Operations Update

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/12/2026

1. PLTR
2. SPY
3. TMUS
4. BMY
5. LBRX
6. MRK
7. TRAX
8. MSFT
9. IRIX
10. JPM

Go back to Bitfarms (BITF) Provides December 2024 Production and Operations Update

Bitfarms Provides December 2024 Production and Operations Update

January 2, 2025 7:00 AM EST

- Increased hashrate 97% Y/Y to 12.8 EH/s -
- Improved efficiency 40% Y/Y to 21 w/TH -
- Earned 2,914 BTC for full-year 2024 -
- Expanded operational MW 35% Y/Y to 324MW -
- Acquisition of Stronghold Digital Mining on track to close in Q1 2025 -

This news release constitutes a designated news release for the purposes of the Companys second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023.

TORONTO, Ontario and BROSSARD, Québec, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:... More