Bitfarms Starts Bitcoin Megafarm Operations in Argentina

Bitfarms Starts Bitcoin Megafarm Operations in Argentina


Bitfarms, a global Bitcoin mining company, has started operations in its mining megafarm located in Argentina. The farm, launched on September 16, is currently generating 10 megawatts (MW) of mining power during the first phase and will scale operations to be fully operational next year. Bitfarms estimates it will contribute 50 MW to fulfill the company’s mining goals in 2023.

Bitfarms Launches Mining Operations in Argentine Megafarm

Bitfarms, a Nasdaq-listed bitcoin mining company, has begun mining operations at it’s megafarm located in Argentina. The construction of the facility, which started on October 2021, has now reached a milestone, allowing it to start operating, and contributing hashrate to the Bitcoin network.

Trending: Banks Already Restricting Cash Withdrawals In USA?

In this first phase, the facility is able to produce 10 MW of energy to

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend