📢 Cryptocurrency and blockchain news! 🚀
- Canadian mining company Bitfarms sold 63% of the bitcoins it mined in August, amounting to 147 BTC out of 233 BTC. The sale raised about $8.8 million, strengthening the company's liquidity.
- Despite the difficult conditions, Bitfarms added 86 BTC to its reserves, bringing it to 1,103 BTC, valued at $65.1 million.
- Network difficulty decreased by 1.3% in August, but production fell by 8% compared to July.
- Bitfarms continues to optimize operations by installing 2,744 new T21 miners, increasing production capacity to 11.3 EH/s.
Want to know more about the future of Bitfarms? Leave your comments below! 💬