Bitfarms Miner Mined 253 BTC in July

IconCryptoNewsTerminal Staff01 Aug, 2024

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Bitfarms Miner Mined 253 BTC in July

Bitfarms, a Bitcoin mining company, mined 253 BTC in July, according to Passarelle Investors. This is a significant increase from the 173 BTC mined in June. The increase in production is likely due to the company's expansion of its mining operations in Canada. Bitfarms is one of the largest Bitcoin mining companies in the world, and its operations are powered by renewable energy. The company is listed on the Toronto Stock Exchange and is currently valued at over $1 billion.