Newsletter
SHIB Army NEWS
  • Home
  • SHIB Chart
  • SHIB Calculator
  • SHIB Twitter
  • SHIB Events
  • Donate
No Result
View All Result
  • Home
  • SHIB Chart
  • SHIB Calculator
  • SHIB Twitter
  • SHIB Events
  • Donate
No Result
View All Result
SHIB Army NEWS
No Result
View All Result
Home SHIB

Bitfarms to Expand Production Facilities to Add 2.1 EH/s of Mining Power

Aoyon Ashraf by Aoyon Ashraf
October 28, 2021
in SHIB
0
Bitfarms to Expand Production Facilities to Add 2.1 EH/s of Mining Power
72
SHARES
1.2k
VIEWS
Share on FacebookShare on TwitterRedditEmail

Bitfarms (BITF), the Canadian crypto miner, is constructing two new production facilities in Sherbrooke, Québec, that are slated to be completed in two phases next year, adding 78 megawatts of total capacity.

The construction is scheduled to be completed in phases during the first and second quarters of 2022 and will accommodate about 21,000 new miners, according to a statement.The miner will use its existing hydropower contracts at an average cost of four cents per kilowatt hour and help with the company’s goals of achieving 3 EH/s mining power by the end of the first quarter of 2022,and 8 EH/s by the end of 2022.Bitfarms currently has five fully operational farms, and this project expands new farms under construction from two to four, the company said.On Oct. 4, the miner said it increased its hashrate, or computing power, to over 1.6 EH/s through the expansion of operations at its Cowansville, Québec, facility and by installing 450 new Bitmain S19j Pro miners.The shares of the miner were down 6% on Wednesday but have risen roughly 169% this year.With bitcoin’s price cooling off from its recent all-time high, shares of crypto miners, which are the most exposed to the largest cryptocurrency, have been giving up some of their recent gains.

Related articles

Using my royalties to burn shib, all you have to do is hit play on spotify!

March 27, 2023
Shiba Inu (SHIB) Price Prediction 2023 — Will SHIB Hit $0.00005 Soon?

Shiba Inu (SHIB) Price Prediction 2023 — Will SHIB Hit $0.00005 Soon?

March 27, 2023
Share29Tweet18ShareSend
Previous Post

The Revolving Door Is Good for Bitcoin

Next Post

From Pancake Batter to Bitcoin Mining: Struggling Businesses Try 2017-Style Pivots

Related Posts

Using my royalties to burn shib, all you have to do is hit play on spotify!

by Aoyon Ashraf
March 27, 2023
0

https://open.spotify.com/playlist/0GNTqMeRoQiyx09pdHvci2?si=9438aa0c7de44b89 As the title says, I'm doing what i can to burn as much SHIB as possible, if you can...

Shiba Inu (SHIB) Price Prediction 2023 — Will SHIB Hit $0.00005 Soon?

Shiba Inu (SHIB) Price Prediction 2023 — Will SHIB Hit $0.00005 Soon?

by Aoyon Ashraf
March 27, 2023
0

submitted by /u/Pretend_Title1314

Will SHIB 👎 or 🚀🚀

by Aoyon Ashraf
March 27, 2023
0

The other day in NEW YORK city I ran into a group of guys at a downtown bar who all...

Will SHIB 👎 or 🚀🚀

by Aoyon Ashraf
March 27, 2023
0

The other day in NEW YORK city I ran into a group of guys at a downtown bar who all...

PSA: ENS .ETH name domains free registration today only (only valid on registrations under 2 years length) – good time to claim your .ETH name if you dont have one yet i guess

by Aoyon Ashraf
March 27, 2023
0

submitted by /u/RightistSolicitation

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

shiba-inu Shiba Inu
$0.00001000
$0.00001000
EUR: €0.00000929
GBP: £0.00000817
7D Chart-1.41%
Categories
  • SHIB
  • SHIB Reddit
Tags
Featured kickex Shiba whitebit

© SHIB Army News

No Result
View All Result
  • Home
  • SHIB Chart
  • SHIB Calculator
  • SHIB Twitter
  • SHIB Events
  • Donate

© 2021 SHIBArmy.news

  • bitcoinBitcoin(BTC)$27,749.00
    BITCOIN
    24H : 0.130%
    Volume : $14,902,290,231.00
    Marketcap : $536,639,314,365.00
  • ethereumEthereum(ETH)$1,752.25
    ETHEREUM
    24H : -0.65%
    Volume : $8,642,814,691.00
    Marketcap : $211,172,473,994.00
  • tetherTether(USDT)$1.00
    TETHER
    24H : -0.60%
    Volume : $24,003,758,426.00
    Marketcap : $79,110,280,073.00
  • binancecoinBNB(BNB)$327.12
    BNB
    24H : 0.360%
    Volume : $513,492,022.00
    Marketcap : $51,666,922,910.00
  • cardanoCardano(ADA)$0.348
    CARDANO
    24H : -3.29%
    Volume : $284,204,650.00
    Marketcap : $12,213,688,593.00
  • dogecoinDogecoin(DOGE)$0.073
    DOGECOIN
    24H : -2.60%
    Volume : $383,268,241.00
    Marketcap : $10,181,767,978.00
  • shiba-inuShiba Inu(SHIB)$0.00001000
    SHIBA INU
    24H : -1.41%
    Volume : $155,620,828.00
    Marketcap : $6,182,361,534.00