Description
Bitfarms, established in 2017, represents a leading self-mining company focusing primarily on Bitcoin production through a vertically integrated business model. Its operations, among the largest globally, leverage cost-efficient and environmentally sustainable energy, primarily hydroelectric power, across facilities located in Canada, Paraguay, the United States, and Argentina. Bitfarms is committed to environmental sustainability, operational transparency, and efficiency, aligning its mining activities with environmentally conscious objectives by significantly reducing the carbon footprint associated with Bitcoin mining. The company operates institutional-grade mining operations, employing state-of-the-art technologies to optimize electricity use and maximize Bitcoin production efficiently. By providing substantial computing power, Bitfarms secures and processes transactions for cryptocurrency networks like Bitcoin, earning fees and contributing to the security and stability of the decentralized financial economy. With an installed computational power of approximately 790 petahash per second across its five facilities in Québec, Canada, Bitfarms ranks as one of the largest blo...
Bitfarms, established in 2017, represents a leading self-mining company focusing primarily on Bitcoin production through a vertically integrated business model. Its operations, among the largest globally, leverage cost-efficient and environmentally sustainable energy, primarily hydroelectric power, across facilities located in Canada, Paraguay, the United States, and Argentina. Bitfarms is committed to environmental sustainability, operational transparency, and efficiency, aligning its mining activities with environmentally conscious objectives by significantly reducing the carbon footprint associated with Bitcoin mining. The company operates institutional-grade mining operations, employing state-of-the-art technologies to optimize electricity use and maximize Bitcoin production efficiently. By providing substantial computing power, Bitfarms secures and processes transactions for cryptocurrency networks like Bitcoin, earning fees and contributing to the security and stability of the decentralized financial economy. With an installed computational power of approximately 790 petahash per second across its five facilities in Québec, Canada, Bitfarms ranks as one of the largest blo...
