Tag : Bitfarms

Bitfarms Executes Strategic Actions Increasing Financial Flexibility
Cryptocurrency Finance News

Bitfarms Executes Strategic Actions Increasing Financial Flexibility

Fintech News Desk
by Fintech News Desk0
Enters New Equipment Financing Agreement with NYDIG for US$37 Million Bitfarms Ltd., a global Bitcoin self-mining company, entered into an equipment financing agreement, with initial funding of US$37 million, with NYDIG ABL LLC (NYDIG). In addition, the Company reduced its US$100 million Bitcoin (BTC)-backed credit facility with Galaxy Digital LLC......
Bitfarms Commences Production at The Bunker
Cryptocurrency Currency Exchange News

Bitfarms Commences Production at The Bunker

Fintech News Desk
by Fintech News Desk0
New Location Delivering 300 Petahash Bitfarms Ltd., a global Bitcoin self-mining company, commenced production at The Bunker, located in Sherbrooke, Québec. As Bitfarms previously announced in October 2021, The Bunker is being constructed in three phases, phase one of which has been completed, and initial capacity of 12 megawatts (MW)......
Bitfarms Taps Stephanie Wargo as VP Marketing
Finance News

Bitfarms Taps Stephanie Wargo as VP Marketing

Fintech News Desk
by Fintech News Desk0
Bitfarms Ltd.  a global Bitcoin self-mining company, hired three executives for newly created positions to support its growth. “Bitfarms is driving dynamic and rapid expansion, which we expect to continue to occur both organically and through acquisitions. To support our growth, we have strengthened our management team,” said Geoff Morphy,......
Foundry Launches FoundryX, a Marketplace to Match Buyers and Sellers of Bitcoin Mining Machines, Completing Over $125M in Sales in 2021
Blockchain Cryptocurrency News

Foundry Launches FoundryX, a Marketplace to Match Buyers and Sellers of Bitcoin Mining Machines, Completing Over $125M in Sales in 2021

Fintech News Desk
by Fintech News Desk0
Foundry currently has access to over 40,000 machines ready for resale Foundry Digital LLC announced the launch of FoundryX, a marketplace that matches buyers and sellers of bitcoin mining machines. Buyers and sellers will have access to Foundry’s robust business intelligence on inventory, pricing, and demand. Foundry has built relationships......
The US is Now the World's Cryptocurrency Mining Capital and Even Risk Averse Investors Want In
Cryptocurrency News

The US is Now the World’s Cryptocurrency Mining Capital and Even Risk Averse Investors Want In

Fintech News Desk
by Fintech News Desk0
FN Media Group Presents USA News Group News Commentary USA News Group – In a small Texas town of only 5,600 people, a territorial battle is being waged over what is likely set to be the Bitcoin (BTC) mining capital of the world. The combatants are none other than Bitdeer (a spin-off of Chinese bitcoin mining giant Bitmain),......
Binance Launches $1 Billion Fund to Accelerate Blockchain Tech Adoption
Blockchain DeFi News

Binance Launches $1 Billion Fund to Accelerate Blockchain Tech Adoption

Fintech News Desk
by Fintech News Desk0
FN Media Group Presents Microsmallcap.com Market Commentary Blockchain technology is becoming increasingly popular and thanks to a $1 billion growth fund being launched by the world’s largest crypto exchange, it’s about to get a lot bigger. Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain......
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