Bitfarms has entered into an agreement with Stronghold Digital Mining to add 2.2 EH/s of capacity by October 2024, two months ahead of schedule.

- 10,000 Bitmain T21 miners will be installed at the Panther Creek facility in Pennsylvania.

- Bitfarms CEO Ben Gagnon noted that this will help diversify the business.

However, Riot Platforms, Bitfarms' largest shareholder, has criticized the deal, calling it "dilutive" for shareholders and demanding changes to the board of directors. 🚨