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Bitfarms' operating hash rate reached 11.1EH/s, an increase of 109% from last year.
Toronto-based bitcoin mining company Bitfarms announced that as of the end of July, its operating hash rate had reached 11.1EH/s, an increase of 109% year-on-year and 7% month-on-month. The average operating hash rate for the month was 10.3EH/s, an increase of 36% from June. Due to the increase in hash rate, Bitfarms generated 253 BTC in July. This figure increased by 34% month-on-month, but decreased by 33% compared to the same period last year. At the same time, the company sold 142 BTC for $8...
2024-08-03 04:22:27
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