Bitfarms (BITF) Issues May 2024 Production and Operations Update
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Bitfarms Provides May 2024 Production and Operations Update
June 3, 2024 7:35 AM UTC- Earned 156 BTC in May 2024 -- Secured additional hydropower in Paraguay with potential to add 6 EH/s in 2025 -- Increased installed hashrate to 9.5 EH/s with 7.5 EH/s operational -- Improved corporate energy efficiency to 27 w/TH, up 31% Y/Y & 13% M/M -- On track to deliver 21 EH/s and 21 w/TH in 2024 -Â Â
This news release constitutes a designated news release for the purposes of the Companys prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023.
TORONTO, Ontario and BROSSARD, Québec, June 03, 2024 (GLOBE NEWSWIRE) --... More
