– Fully energizes Rio Cuarto at 51 MW, expanding total operating capacity to 233 MW — Increases hashrate 9% to 6.1 EH/s — Improves energy efficiency to 36 w/TH with new 28 w/TH miners –
TORONTO and BROSSARD, Québec, Oct. 02, 2023 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, provides a Bitcoin (BTC) production and mining operations update for September 2023.
“In September, we continued to install new miners and fully energized Rio Cuarto to 51 MW, increasing our operating capacity by 9% to 233 MW. Year-to-date, we increased operating capacity by 24% and upgraded and expanded our fleet with over 15,000 additional miners,” said Geoff Morphy, CEO of Bitfarms. “Also in September, our hashrate increased 9% to 6.1 EH/s, slightly below our Q3 2023 target of 6.3 EH/s reflecting some electrical infrastructure delays that pushed out the Baie-Comeau, Québec facility’s full installation by a couple of weeks.”
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