Odaily Planet Daily News Bitcoin mining company Bitfarms reported that its revenue increased by 34% month-on-month due to increased mining power after the upgrade and expansion of mining machines. Bitfarms produced 253 BTC in July, worth approximately $16.2 million at current market prices, a significant increase from the 189 BTC ($12.1 million) produced in June. The company reported 11.1 EH/s of operational computing power as of July 31, a 109% year-over-year increase and a 7% sequential increase. Additionally, the company was running an average of 10.3 EH/s in July, a 36% increase from June. (Cointelegraph)