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Bitfarms Enters into Agreement to Develop 120 MW in U.S.; Provides 2025 Guidance of Over 35 EH/s
BITFBitfarms .(BITF) GlobeNewswire News Room·2024-06-13 18:00

-First U.S. large scale site supports 8 EH/s in 2025 with deployment of 600 PH/s in 2024- -Strategically located in PJM Interconnection market, providing access to low-cost, flexible power- -Increases 2025 power capacity to 648 MW, up 170% from current 240 MW- -Company establishes 2025 guidance of over 35 EH/s- Situated strategically within the Pennsylvania-New Jersey-Maryland Interconnection (PJM), the largest wholesale electricity market in the U.S., and located in a deregulated state, this site offers ac ...