Bitfarms Secures 24MW Cryptocurrency Mining Facility In Washington State For $ 26 Million

2021-11-12 01:38
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Golden Financial announced that Canadian bitcoin miner Bitfarms (BITF) has purchased a 24 MW (megawatt) hydroelectric cryptocurrency mining facility in Washington state, hoping for a further increase to 620 PH / s. Bitfarms paid $ 7.17 per share, $ 23 million in cash and $ 3 million in shares. Bitfarms said the 24 MW capacity would increase the company's total mining capacity to 106 MW, and the estimated cost would be 25% lower than the company's other power producers in Quebec.

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2021-11-12 01:00