Bitfarms

We’re thrilled to have Rachel Silverstein join Bitfarms as U.S. General Counsel! Rachel is one of the most experienced Bitcoin mining-focused attorneys in the U.S., having served as lead counsel on well over a gigawatt worth of Bitcoin mining transactions across multiple states and countries. Bitfarms CEO Ben Gagnon stated: “We continue to strengthen the Bitfarms team and are thrilled to have a thought leader like Rachel join our team. Her extensive expertise and proven track record with Bitcoin miners and data center builders will be invaluable as we continue to scale in the U.S.” Welcome to the team, Rachel!

Our 8 hydrominer containers in Paso Pe continue to hash with unparalleled uptime. Water cooled M53S+ miners are an ideal addition to large data centers built for the local climate.     Experience these small but powerful mining units on our latest virtual tour of #Paraguay. #Bitcoin #BitcoinMining #BITF

Paso Pe hashes on 70 MW of pure renewable energy⚡   Take a 30-second virtual tour of our largest operating data center in Paraguay (for now).   #Bitcoin #Sustainability #BITF 

The Yguazu substation has a 1.2 GW capacity, drawing from the second largest hydroelectric dam on the planet.    Last week, SVP of Mining Operations Alex Brammer, CEO Ben Gagnon, and the Operations and Infrastructure teams were there to plan our site’s electrification⚡   When fully online, Bitfarms’ Yguazu data center will boast 200 MW of renewable energy.     #Bitcoin #BitcoinMining #AI #BITF 

#Bitfarms Provides September 2024 Production and Operations Update     - Earned 217 BTC in September 2024 & Increased HODL to 1,147 BTC   - Reached End of Year Efficiency Target of 21 w/TH Ahead of Schedule  - Announced Settlement Agreement with Riot Platforms   - Signed Hosting Agreement with Stronghold     For details, see the full press release here: https://bit.ly/4dtusvf     #Bitcoin #BitcoinMining #BITF 

We are proud to sponsor today’s 5K Run ¨A Road without Drugs,¨ organized by the Town Hall of Villarrica. Congrats to everyone from the Bitfarms team for participating! #Bitfarms #Paraguay #Volunteer #BITF

🎟️Don’t forget your tickets! Montreal’s Dirty Coin premiere is next week, and space is limited. Join promotional partner Blockchain North, along with the Bitfarms team and filmmaker Alana Mediavilla-Diaz. 👉Be sure to stick around for the panel after, where we can answer your questions about the film or Bitcoin mining. Get your free ticket here: https://lnkd.in/e2CqzPMz #Bitcoin #Montreal #Film #BITF

🎟️Don’t forget your tickets! Montreal’s Dirty Coin premiere is next week, and space is limited. Join promotional partner Blockchain North, along with the Bitfarms team and filmmaker Alana Mediavilla-Diaz. 👉Be sure to stick around for the panel after, where we can answer your questions about the film or Bitcoin mining. Get your free ticket here: https://lnkd.in/e2CqzPMz #Bitcoin #Montreal #Film #BITF

Check out Bitfarms’ CEO Ben Gagnon‘s new interview with Bryce McNallie and Anthony Power where he details exciting changes at #Bitfarms as we continue to focus on maximizing shareholder value! Among the topics covered are:    - Bitfarms' pending accretive acquisition of SDIG - Organizational enhancements to drive growth and improve efficiency, including the appointment of a new COO and SVP of Mining Operations - Definitive settlement agreement with Riot platforms in the best interest of all shareholders - Diversification beyond BTC mining & Bitfarms’ differentiated HPC/AI strategy     Watch the full interview here: https://lnkd.in/gFQe4HDT     #Bitcoin #AI #BITF

Bitfarms has entered into a definitive settlement agreement with Riot Platforms. Under the terms of the Agreement: - Bitfarms will hold a Special Meeting, currently scheduled for November 6, 2024, where Bitfarms shareholders will be asked to ratify the Company’s July 24, 2024 shareholder rights plan and to approve an expansion of the Board to six members. Riot has agreed to vote in favor of both items. - Andrés Finkielsztain has stepped down from the Board of Directors and Amy Freedman has been appointed to the Board, effective immediately. - An independent sixth director will be nominated by the Bitfarms Board for election at the Special Meeting. For more information, read the full Release: https://bit.ly/47z8mpR