– Earns 1,172 BTC and grows treasury by 154 BTC to 703 BTC in Q3 2023 — Increases hashrate to 6.1 EH/s at September 30, 2023 and 6.3 EH/s at October 31, 2023 — Developing operating capacity to 290 MW in Q1 2024, up 24% from Q3 2023 –
TORONTO and BROSSARD, Québec , Nov. 07, 2023 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a vertically integrated Bitcoin mining company, reported its financial results for the third quarter ended September 30, 2023, with revenue of $35 million, net loss of $19 million, and Adjusted EBITDA* of $7 million. All financial references are in U.S. dollars.
“During the third quarter of 2023, we increased operating capacity by 27 MW to 234 MW and by another 6 MW to 240 MW in October 2023. We executed plans to opportunistically expand farms with low-cost hydro power in Québec and Latin America, while we continued to prudently strengthen balance sheet liquidity preparing for the next BTC Halving,” said Geoff Morphy, CEO of Bitfarms. “
We współpracy z: https://www.crypto-reporter.com/newsfeed/bitfarms-reports-third-quarter-2023-results-52359/
