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Bitfarms Provides May 2024 Production and Operations Update
BITFBitfarms .(BITF) GlobeNewswire News Room·2024-06-03 19:35

Fleet Upgrade Review - Earned 156 BTC in May 2024 - - Secured additional hydropower in Paraguay with potential to add 6 EH/s in 2025 - - Increased installed hashrate to 9.5 EH/s with 7.5 EH/s operational - - Improved corporate energy efficiency to 27 w/TH, up 31% Y/Y & 13% M/M - - On track to deliver 21 EH/s and 21 w/TH in 2024 - This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated ...