Managemant's Discussion & Analysis Q2 2023 | --- | --- | --- | --- | |------------|----------------------------------------------------------------------------------------------|-------|-------| | TABLE \n1. | OF CONTENTS \nIntroduction | | 3 | | 2. | Company Overview | | 4 | | 3. | Financial Highlights | | 5 | | 4. | Second Quarter 2023 Financial Results and Operational Highlights | | 6 | | 5. | Production and Mining Operations | | 7 | | 6. | Expansion Projects | | 9 | | 7. | Financial Performance | | 13 | ...

Hi, good morning, gentlemen. Congrats on the solid performance this quarter. Bitfarms remains focused on expanding operations prudently, and we continue to evaluate options to accretively diversify geographically, acquire sites, develop farms and optimize miner utilization. We plan to allocate capital Geoff Morphy Sixth, we are working expeditiously to ramp production at our first 50-megawatt warehouse to full capacity by the end of Q3 2023. To this end, we are in the process of procuring 3,000 additional m ...

This presentation contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking information") that are based on expectations, estimates and projections as at the date of this presentation and are covered by safe harbors under Canadian and U.S. securities laws. The information in this presentation about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes, but is not limited to, estimates and for ...

| --- | --- | |------------|---------| | | | | electrical | Mineral | | components | assets | | --- | --- | --- | --- | --- | --- | |------------------------------------------------------|---------------------|--------------------|--------------------------|---------------|---------| | | MicroBT Whatsminer* | Bitmain S19j Pro | Innosilicon T3 & T2T** | Bitmain S19XP | Total | | Quantity as of January 1, 2023 | 45,375 | 7,172 | 5,711 | — | 58,258 | | Additions | 2,826 | — | — | 409 | 3,235 | | Dispositions | ...

Bitfarms Ltd. (NASDAQ:BITF) Q4 2022 Earnings Conference Call March 21, 2023 11:00 AM ET Company Participants David Barnard - LHA Investor Relations Geoff Morphy - President and Chief Executive Officer Jeff Lucas - Chief Financial Officer Conference Call Participants Kevin Dede - H.C. Wainwright Bill Papanastasiou - Stifel Nicolaus Dillon Heslin - ROTH MKM Operator Good morning, and welcome to the Bitfarms Fourth Quarter and Full-Year 2022 Financial Results Conference Call. All participants will be in a list ...

Q4 2022 Investor Presentation SAFE HARBOR STATEMENT Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange), Nasdaq or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of ...

The material change is described in the press release attached as Schedule "A". Item 6 Reliance of subsection 7.1(2) of National Instrument 51-102 Not applicable. Item 9 Date of Report March 21, 2023. SCHEDULE "A" Bitfarms Reports Fourth Quarter and Full Year 2022 Results - Mined 1,434 BTC in Q4 2022; 5,167 BTC in 2022; and 20,000+ BTC since inception through February 2023 - - Averaged direct cost of production of $10,000 per BTC in 2022- - Reported Q4 2022 net loss of $17 million and positive Adjusted EBIT ...

Bitfarms Ltd. (NASDAQ:BITF) Q3 2022 Earnings Conference Call November 14, 2022 11:00 AM ET Company Participants David Barnard - LHA Investor Relations Geoff Morphy - President and Chief Operating Officer Jeff Lucas - Chief Financial Officer Conference Call Participants Kevin Dede - H.C. Wainwright Operator Good day, and welcome to Bitfarms Third Quarter 2022 Financial Results Call. All participants will be in listen-only mode. [Operator Instructions] Please note that this event is being recorded. Now, IÂ'd ...

r Bitfarms" Q3 2022 Investor Presentation N BITF TSX BITF November 14, 2022 SAFE HARBOR STATEMENT 2 Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange), Nasdaq or any other securities exchange or regulatory authority accepts ...

Exhibit 99.1 INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2022 AND 2021 (EXPRESSED IN THOUSANDS OF U.S. DOLLARS) BITFARMS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED) (In thousands of U.S. dollars) Should be read in conjunction with the notes to the interim condensed consolidated financial statements | --- | --- | --- | --- | |---------------------------------------------------------------|-------------- ...