Bitfarms Reports 8% Drop in August BTC Production Amid Rising Network Difficulty
Bitfarms BTC production August 2024 saw an 8% decrease, with the company mining 233 BTC, as reported by The Block. The decline in.
Crypto News
Crypto News
News
Bitfarms Leadership Change: Ben Gagnon Named CEO
Bitfarms Ltd (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer (CEO), effective immediately. Gagnon, previously chief mining.
Crypto News
News
Bitfarms Appoints New CEO As Riot Intensifies Takeover Bid
Bitcoin miner Riot Platforms’ effort to take over rival Bitfarms has taken a new turn as the latter appoints a new CEO amidst.
Crypto News
News
Bitfarms Reports 21% Production Increase, Fends Off Riot Platforms
Bitfarms reported a 21% increase in Bitcoin production in June despite facing a takeover attempt by Riot Platforms. Bitfarms has reported a notable.
Bitcoin News
Crypto News
News
Bitfarms Mined 21% More Bitcoin In June Amid Riot Takeover Attempts
Despite Riot takeover attempts, Bitcoin miner Bitfarms mined additional 21% Bitcoin (BTC) in June. Bitfarms also increased its online hashrate to 10.4 exahashes.
Crypto News
News
Bitfarms Adds Board Member To Deter Riot Platforms Takeover
Amid the ongoing cold war between two major Bitcoin mining firms, Riot Platforms and Bitfarms, the latter has appointed a new board member.
Bitcoin News
Crypto News
News
Bitfarms’ Poison Pill Draws Fire from Riot Platforms
Riot Platforms criticizes Bitfarms’ adoption of the Poison Pill, which the former described as an unfriendly shareholder rights plan. The plan imposes certain.
Crypto News
News
Bitfarms Implements A ‘Poison Pill’ Strategy Against Rival Riot’s Ongoing Takeover Bid
Bitfarms implements a ‘poison pill’ strategy to thwart a hostile takeover attempt by Riot Platforms, ensuring corporate stability. Bitfarms announced on Monday that.
Crypto News
News
Bitfarms To Purchase Bitmain’s BTC Miners For $95.5m
Mining company Bitfarms has placed an order for 35,888 Antminer T21 Bitcoin mining devices from Bitmain at a price of $2,660 per unit..
Bitcoin News
Crypto News
News
Bitfarms Secures $44m From US Investors To Boost Bitcoin Mining Operations
Bitfarms Ltd., a Canadian Bitcoin mining company, has initiated a private placement deal with U.S. institutional investors to raise approximately $44 million ($60.