The company reported its operations in the United States will have an initial capacity of 3 megawatts, aiming for the.
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.