Bitfarm losses, but going to efficiency
Bitfarm's current revenue is looking at $42 million, down 16% from the previous quarter.
Regarding the hashrate, Bitfarm has an increase of hashrate at 11.1 EH/s as they have added new mining sites with a 220 MW capacity in Paraguay and Pennsylvania, making their hashrate go up from the previous quarter of 2024 at 6.5 EH/s.
Additionally, Ben Gagnon has joined the board to become the new CEO of Bitfarm, making an exciting new journey ahead for Bitfarm.
Good luck Bitfarm and keep on hashing!
