tiprankstipranks
Bitfarms reports 15.2 EH/s operational at January 31, up 134% y/y
The Fly

Bitfarms reports 15.2 EH/s operational at January 31, up 134% y/y

Bitfarms (BITF) issued its latest monthly production report. Select operating highlights: 11.2 EH/s average operational, up 90% Y/Y and up 1% M/M. 18 BTC/average EH/s, 5% lower M/M and 70% lower Y/Y.. 201 BTC earned, 5% lower M/M and 44% lower Y/Y. 6.5 BTC earned daily on average, equal to ~$682,500 per day based on a BTC price of $105,000 at January 31, 2025.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App