Mining company Bitfarms produced 236 BTC in October and sold 194 BTC that month.

2024-11-05 03:45:48

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PANews, November 5th, according to the latest announcement from Bitfarms, the company produced 236 BTC from Mining in October 2024, a rise of 9% compared to the previous month, and a decrease of 41% compared to the same period last year. In the same month, 194 BTC were sold, generating a revenue of $13 million, increasing the BTC holdings from 1147 to 1188. Bitfarms’ Computing Power reached 11.5 EH/s this month, a rise of 83% compared to the same period last year. In addition, Bitfarms’ hosting protocol with Stronghold Digital Mining will deploy a total of 20,000 Mining Rigs, supporting approximately 4 EH/s of Computing Power, and is expected to be launched in batches in the coming months.

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