Bitfarms


Финансы

Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise

Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set, and missed, for 2022.

(Eliza Gkritsi/CoinDesk)

Финансы

Bankrupt Crypto Lender BlockFi Takes Two-Thirds Loss to Settle Bitcoin Miner Bitfarms' Debt

The miner had recently warned it might stop paying off the debt to bankrupt BlockFi.

A bitfarms mining site in Washington. (CoinDesk)

Видео

Bitcoin Miner Bitfarms Warns of Default

Bitcoin miner Bitfarms (BITF) might have already or may in the future stop making installment payments on a $20 million loan from bankrupt crypto lender BlockFi, effectively defaulting on the loan, according to a press release. As a result, Bitfarms is looking to modify the loan. "The Hash" panel breaks down the details of the loan.

Recent Videos

Финансы

Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan

The outstanding $20 million loan is secured by only $5 million in assets.

(Eliza Gkritsi/CoinDesk)

Видео

Alameda-Linked Wallet Movement; Bitcoin Miner Bitfarms' CEO Resigns

On-chain data cited by crypto research firm Arkham Intelligence suggested $1.7 million worth of tokens from Alameda-linked wallets were sold in the open market over a span of several hours on Wednesday. Plus, Bitfarms (BITF) co-founder and CEO Emiliano Grodzki stepped down from his position and former Chief Operating Officer Geoffrey Morphy has been promoted as his replacement.

Recent Videos

Финансы

Bitcoin Miner Bitfarms' CEO Resigns and Is Replaced by COO

Emiliano Grodzki, the outgoing CEO, co-founded the Canadian company in 2017.

El presidente de Bifarms, Geoff Morphy, fue promovido a CEO. (CoinDesk)

Финансы

Bitcoin Miner Bitfarms Pays Down $27M of Debt

The miner is trying to improve its liquidity during the crypto market downturn.

(Eliza Gkritsi/CoinDesk)

Финансы

Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s

The Canadian company plans to open a second mining site in the country, which has low electricity costs, next year.

Un empleado de Bitfarms supervisa hardware de minería de bitcoin. (Aoyon Ashraf/CoinDesk)

Финансы

Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan

The miner paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG.

Money (Sharon McCutcheon / Unsplash)

Финансы

Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners

CoinDesk spoke to the CEOs of Marathon Digital and Bitfarms at last week’s Bitcoin 2022 Conference.

Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)

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