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Bitfarms generated 269 BTC in April and sold 245 of them, currently holding 830 BTC

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2024-05-06 08:57:22
On May 6, the bitcoin mining company Bitfarms recently released the April 2024 operation report, the main points are as follows: - As of April 30, the online hashrate was 7.0EH/s, an increase of 40% year-on-year and 8% month-on-month; - The average online hashrate was 6.1EH/s, an increase of 7% month-on-month; - The output of 269 BTC, a decrease of 6% month-on-month and a decrease of 29% year-on-year; - The sale of 245 BTC, the total revenue reached $16.10 million; - The BTC reserve increased to 830, which is equivalent to $50.9 million based on the price of $61,300 on April 30, 2024. In addition, with the installation of Paso Pe beginners and the planned full mine electrification in May, the company expects to achieve 21 EH/s of computing power in 2024.
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