Bitfarms spends $240 million to upgrade its bitcoin mining equipment
Bitcoin mining company Bitfarms will invest nearly $240 million to upgrade its Bitcoin mining equipment, with the goal of maintaining profitability after Bitcoin's halving in 2024. Bitfarms CFO Jeffrey Lucas said the company will purchase 88,000 high-efficiency Bitcoin mining machines. Bitfarms mined 286 BTC through mining in March 2024, with a monthly hash rate of 6.5 exahashes (EH/s).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
Stock Futures Rush (phase 9): Trade popular stock futures and share $240,000 in equivalent tokenized shares. Each user can get up to $5000 META.
CandyBomb x POWER: Trade to share 4,387,500 POWER
Trending news
MoreCrypto prices
More
