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CryptoBlockWire
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Who did Bitfarms achieve highly profitable Mining?

Wed Sep 05, 2018 6:57 am

Bitfarms, one of Canada’s leading mining firms, says that the primary challenge they face is power. However, the firm says that they have been able to secure cheap renewable energy, giving them a competitive edge. The renewable energy source is in Canada, and it is critical to the mining activities of the company. The company states that it costs them USD 1,567 to mine one bitcoin (BTC).

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BrecaLynch
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Re: Who did Bitfarms achieve highly profitable Mining?

Wed Sep 05, 2018 7:01 am

To expand their energy capacity, the leading Canadian mining company acquired industrial properties and lands in Sherbrooke, Quebec. The company says that it is considering building a mega-facility. To add to its many acquisitions, Bitfarms successfully acquired a 98MW plant to power its operations. In precise terms, the plant will enable the mining giant to expand its mining capacity to 5 times the present capacity. In addition to the existing power infrastructure, Bitfarms has completed the new 10MW facility in Quebec.

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