Core Scientific may consider
The mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and.
Bitfarms
Rated by Coinstreams
8.5/10
Bitfarms operates one of the largest cryptocurrency mining operations in North America.
Bitfarms continues to achieve strong returns on invested capital through an emphasis on industrial-scale operational efficiencies, and cost-effective infrastructure build-out through its 100% owned electrical contractor, Volta Electrique.
Bitfarms operates blockchain computing centres that power the global decentralized financial economy. Bitfarms provides computing power to cryptocurrency networks such as Bitcoin, earning fees from each network for securing and processing transactions. Powered by clean and competitively priced hydroelectricity, Bitfarms operates five facilities in Québec, Canada.
Bitfarms’ strong and experienced management team is comprised of experienced industrial-scale data centre operators and capital markets professionals, focused on building infrastructure for the future by developing and hosting the ecosystem growing around blockchain-based technologies
Company Highlights
- Company name | Bitfarms
- Stock Ticker | Nasdaq: BITF
- Hash Rate | 3.4 EH/S
- Power Consumption | 137 MW
- Info last updated | 18 MAY '22
- Website | bitfarms.com
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