According to BlockBeats, Bitfarms, a Bitcoin mining company, announced on July 8th that its board of directors has appointed Ben Gagnon as the new Chief Executive Officer, effective immediately.

Gagnon began his career at Bitfarms in 2019 as the Director of Business Development. He was promoted to Director of Mining Operations in 2020 and became the Chief Mining Officer in 2021. His rapid progression within the company highlights his significant contributions and the trust placed in him by the board of directors.

This appointment marks a new chapter for Bitfarms as it continues to grow and expand its operations. The company's decision to promote from within suggests a commitment to continuity and stability, as well as a recognition of Gagnon's expertise and leadership abilities. As CEO, Gagnon will be responsible for guiding the company's strategic direction and overseeing its day-to-day operations.