Bitfarms : Announces Purchase Agreement for 48,000 MicroBT Miners to Expand Hash Rate Capacity by over 5.0 EH and named to TSXV's Top 50 Listing Du kan ndra dina val nr som helst genom att klicka p lnkarna Instllningar fr integritet och cookies eller Integritetspanelen p vra webbplatser och appar. To learn more about Bitfarms events, developments, and online communities: https://www.facebook.com/bitfarms/https://twitter.com/Bitfarms_iohttps://www.instagram.com/bitfarms/https://www.linkedin.com/company/bitfarms/. Bitfarms Up-listing to the Toronto Stock Exchange - GlobeNewswire TORONTO and BROSSARD, Qubec, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (" Bitfarms ", or the " Company ") ( TSXV:BITF) (U.S.:OTC:BFARF), a Canadian publicly listed bitcoin mining . Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Among Wall Street players, beleaguered Credit Suisse is contending with the deepest cuts, thanks to pressure to overhaul its money-losing investment bank. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. View which stocks are hot on social media with MarketBeat's trending stocks report. Bitfarms Ltd. May 8, 2023 By: Bitfarms Bitfarms Marks 21,000th Bitcoin Mined Using Entirely Renewable Energy Read this post May 2, 2023 By: Bitfarms Bitfarms to Report First Quarter 2023 Financial Results on Monday, May 15, 2023 Read this post View All Upcoming Events This page lists a selected number of upcoming events that Bitfarms Trading in the securities of the Company should be considered highly speculative. A telephonic replay of the call will be available through May22, 2023, and may be accessed by calling 1-877-344-7529 (domestic) or 1-412-317-0088 (international) or Canada (toll free) 855-669-9658 and using access code 6903864. Total cash costs of production per BTC was $17,600 in Q1 2023, up from $16,800 in Q4 2022. Disrupting the World's Financial Economy. Quarterly Average Revenue** and Cost of Production per BTC***. The Company mined 1,297 BTC at an average direct cost of production per BTC*** of $12,500, compared to $11,100 in Q4 2022. Added new automated hardware diagnostics tool that improves repair times. Bitcoin 2022 Sponsor Apr 6, 2022 The firm has said it is cutting 2,700 . The Company undertakes no obligation to revise or update any forward-looking information other than as required by law. BITFARMS LTD. : News, information and stories for BITFARMS LTD. | Buenos Aires Stock Exchange: BITFD | Buenos Aires Stock Exchange The statements and information in this release regarding the expected benefits of the Baie Comeau power contract and lease and other future plans and objectives of the Company are forward-looking information. Negotiated the termination of the equipment financing with BlockFi Lending LLC, which had an outstanding balance of $20 million as at December 31, 2022, to align with market conditions, with a settlement of the loan for $8 million, resulting in a gain on extinguishment of long-term debt of $13 million. Under the terms of the financing agreement, the Company entered into an equipment loan for the recent purchase of, and is secured by, 6,100 Bitmain S19j Pros for a total of US$32 million. Identify stocks that meet your criteria using seven unique stock screeners. Such factors include, among others, risks relating to: the availability of financing opportunities, risks associated with economic conditions, dependence on management and conflicts of interest, the ability to service debt obligations and maintain flexibility in respect of debt covenants; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; conflict of interests with directors and management; government regulations and approvals; the global economic climate; dilution; the Companys limited operating history; future capital needs and uncertainty of additional financing, including the Companys ability to utilize the Companys at-the-market equity offering program (the ATM Program) and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; and volatile securities markets impacting security pricing unrelated to operating performance. *** Direct Cost of Production per BTC represents the direct cost of Bitcoin based on the total electricity costs divided by the total number of Bitcoin mined. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The existing site and contracts also represent a substantial growth and business opportunity. Get Bitfarms News Delivered to You Automatically. To see all exchange delays and terms of use please see Barchart's disclaimer. - Forbes, Bitfarms Brief: Says Hashrate Exceeds 4 EH/s Milestone as It Commences Production at its First Warehouse in Argentina - Marketscreener.com, Bitfarms Hashrate Exceeds 4 EH/s Milestone as It Commences Production at its First Warehouse in Argentina - GlobeNewswire, Bitfarms Hashrate Exceeds 4 EH/s Milestone as It Commences Production at its First Warehouse in Argentina, Why Bitcoin Mining Stocks Plunged on Tuesday - The Motley Fool, Bitcoin Decline Dragging Down Shares of Crypto Companies - Marketscreener.com, Bitcoin Decline Dragging Down Shares of Crypto Companies - Morningstar, Why Bitcoin-, Ethereum- And Litecoin-Related Stock Bitfarms Is Getting Hammered By Benzinga - Investing.com UK, Bitcoin, ether tumbling after August CPI print reflects stubbornly high inflation - Seeking Alpha, Bitfarms (NASDAQ:BITF), Bit Digital (NASDAQ:BTBT) Crypto Trust Strong Despite Bear Market According to - Benzinga, Bitfarms Slips 7% as Says Mined 534 Bitcoins, Sold 427 Bitcoins During August - Marketscreener.com, Bitfarms Provides August 2022 Production and Mining Operations Update, Bitcoin Miners: Marathon Digital, Hut8 and Bitfarms Miss Earnings - Investor's Business Daily, Bitfarms: Picking Apart My Top Bitcoin Mining Stock (NASDAQ:BITF) - Seeking Alpha, Bitcoin Miners Lost Over $1 Billion in Cryptocurrency Crash (CORZ, MARA, RIOT) - Bloomberg, Bitfarms Ltd. Bitfarms Releases May 2022 Bitcoin Mining Update - Bitcoin Magazine With our foundation and momentum, we expect to seize opportunities both today and around the next Bitcoin halving which is approaching in April 2024., Morphy noted, In Q1 2023, as BTC prices improved, our low operating cost model drove Adjusted EBITDA to over $6 million, up from $1 million in Q4 2022. With the next BTC halving expected a little over one year from now, this expansion should improve our industry position as we continue to pursue other strategic transactions intended to deliver significant value to our shareholders.. Since founding the Company, Mr. Grodzki and Mr. Bonta have served both as Directors and executives and have been crucial players in the Companys strategic development and the Argentina expansion, which upon full deployment is expected to be Bitfarms lowest operating cost facility. Bitfarms Ltd. (BITF) Stock Price, News, Quote & History - Yahoo Finance Financial Highlights for the Quarter ended March31, 2023. Is AT&T's RTO Mandate a Mass Layoff in Disguise? - Bloomberg Bitfarms has 10 mining facilities in production, which are housed in four countries: Canada, the United States, Paraguay, and Argentina. Bitfarms - Updates, News, Events, Signals & Triggers - Crunchbase Bitfarms Reports First Quarter 2023 Results with Adjusted EBITDA of $6 Powered by predominantly environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using renewable, locally based, and underutilized energy infrastructure. You have already added five stocks to your watchlist. F mer information om hur vi anvnder dina personuppgifter i vr integritetspolicy och cookiepolicy. Common stock portion of purchase price subject to regulatory approval and customary and contractual resale restrictions for up to 6 months, with the final agreement being subject to customary closing conditions. During my tenure, we have continued to execute and grow our business through a Halving event, a bull market, and a bear market. He was promoted to President in December 2020 and COO in December 2021. TORONTO, Ontario and BROSSARD, Qubec, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global Bitcoin self-mining company, promoted President and Chief Operating Officer Geoffrey Morphy to the position of President and Chief Executive Officer effective immediately. In the past three years, 69,000 employees have been removed as part of a $6 billion cost-cutting effort . TORONTO, Ontario and BROSSARD, Quebec, April 16, 2021 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (" Bitfarms ", or the " Company ") ( TSXV:BITF // OTC:BFARF ), one of the largest, oldest and most. Retrouvez en direct toute l'info parisienne sur BFM Paris: Toutes vos missions BFM Paris en streaming sur votre ordinateur, tablette ou smartphone. Less Mining related revenues for the purpose of calculating gross Mining margin: (2) Gross Mining Profit is defined as Gross profit excluding depreciation and amortization and other minor items included in cost of sales that do not directly relate to mining related activities. Avoda | LinkedIn Conference CallManagement will host a conference call and live webcast with an accompanying presentation today, Monday, May15, 2023, at 11 a.m. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. United Natural Foods Risk-Reward Tradeoff Looks Appetizing, Drugmaker GSK: Becoming a Healthier Value Stock. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 141 BTC/ average EH/s for the month of August, up 4% from 135 in July. Bitfarms (OTCMKTS: BFARF) stock is getting a boost on Friday as the Bitcoin (CCC: BTC-USD) farming company prepares to uplist its stock. On June 21, 2021, Bitfarms started trading on the Nasdaq Stock Market. Bitfarms Ltd. (BITF.TO) Stock Price, News, Quote & History - Yahoo Finance See what's happening in the market right now with MarketBeat's real-time news feed. Bitcoin Mining Company BitFarms Says It Took - Markets Insider TORONTO, Ontario and BROSSARD, Quebec, April 19, 2021 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (" Bitfarms ", or the " Company ") ( TSXV:BITF // OTC:BFARF ), today provides an update regarding its. In-depth profiles and analysis for 20,000 public companies. Mr. Bonta said, Since joining Bitfarms management team in 2020, Geoff has played an instrumental role in developing the Companys management team, corporate structure, governance and controls, and investor relations, as well as operations and strategy.
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