Bitfarms' latest monthly report is out! In November, this Bitcoin mining company mined a total of 204 BTC, a slight decrease from 236 BTC in October. This change is related to a 7% increase in Bitcoin mining difficulty, while operational efficiency improved slightly by 1%. As of the end of November, Bitfarms' operational speed reached 12.8 EH/s, a year-on-year increase of 100% and a month-on-month increase of 11%.
In terms of financial management, Bitfarms sold 171 BTC, generating revenue of 14.6 million dollars. Additionally, the company transferred 351 Bitcoins to Bitmain under a mining machine upgrade agreement. By the end of November, Bitfarms' treasury held 870 Bitcoins, worth approximately 84.4 million dollars.📈💰