Bitfarms

Hashing Ahead: A Look at Bitcoin Mining in 2020

The December 2019 report on the Bitcoin mining network from CoinShares Research, a division of the digital asset management firm, presented an industry in good health at the end of the year, with a hash rate that had almost doubled in the previous six months, a new generation of more powerful and efficient technology on...
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Bitcoin Mining in North America: A New Gold Rush in the New World

The phones are ringing off the hooks at the New York offices of BitOoda, a financial services and brokerage firm that advises bitcoin mining companies and investors in the bitcoin space on investment strategies and risk management. Ryan Porter, head of business development at BitOoda, told Bitcoin Magazine that there’s lots of interest, including from...
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Bitfarms Expands Bitcoin Mining Operations in Québec

With a cool climate and endless supplies of renewable hydropower left over from a time when forestry, pulp and paper, and traditional mining drove the economy, Québec, Canada, has the potential to be a thriving bitcoin mining hub. Québec’s energy agency Hydro-Québec told Bitcoin Magazine that it now provides 668 megawatts (MW) of power to...
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