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Bitfarms Expands Operations and Boosts Bitcoin Production
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Bitfarms Expands Operations and Boosts Bitcoin Production

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Bitfarms (TSE:BITF) has released an update.

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Bitfarms reported a production of 236 Bitcoin in October 2024, reflecting a 9% month-over-month increase despite challenges in achieving their hash rate targets. The company also expanded its operations through a second hosting agreement with Stronghold Digital Mining, aiming to deploy a total of 20,000 miners by year-end.

For further insights into TSE:BITF stock, check out TipRanks’ Stock Analysis page.

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