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Canadian Bitcoin miner Bitfarms gains ‘Stronghold’ in US with merger completion

Canadian Bitcoin miner Bitfarms gains ‘Stronghold’ in US with merger completion

Bitfarms has completed buying Stronghold Digital Mining (SDIG). This makes Bitfarms the biggest Bitcoin miner in the PJM market and gives it a much...
Bitfarms Acquires Stronghold Digital, Securing 1.1GW Expansion in Pennsylvania

Bitfarms Acquires Stronghold Digital, Securing 1.1GW Expansion in Pennsylvania

Bitfarms has finalized its acquisition of Stronghold Digital Mining, gaining access to a 1.1-gigawatt energy pipeline across three sites in Pennsyl...
FERC blocks Amazon AI power deal, energy struggle with Bitcoin miners persists

FERC blocks Amazon AI power deal, energy struggle with Bitcoin miners persists

The Federal Energy Regulatory Commission (FERC) stopped an Amazon AI data center from drawing more power from Talen Energy’s Susquehanna plant in P...
Microsoft in 20yr deal to reopen Three Mile Island to power its AI energy needs

Microsoft in 20yr deal to reopen Three Mile Island to power its AI energy needs

Microsoft has signed a 20-year power purchase agreement to resuscitate the Three Mile Island nuclear power plant to fuel its growing AI energy requ...
Google expands solar investments with major deals in the US to power AI data centers

Google expands solar investments with major deals in the US to power AI data centers

Google has signed a major renewable energy deal with Energix Renewables. This partnership includes the development of 1.5GWp solar projects in the ...
Bitfarms Acquires Rival Stronghold Digital in $175M Stock and Debt Deal

Bitfarms Acquires Rival Stronghold Digital in $175M Stock and Debt Deal

An official press statement states that Bitfarms will take over $50 million of Stronghold's current debt in addition to acquiring Stronghold throug...
Bitcoin Mining Firm Bitfarms Faces $27 Million Net Loss in Q2 2024

Bitcoin Mining Firm Bitfarms Faces $27 Million Net Loss in Q2 2024

The company disclosed a net loss of $27 million, equating to a 7-cent loss per share, both basic and diluted.
Bitcoin Miner Bitfarms Reports Mixed Q2 Earnings, Stock Rises 20%

Bitcoin Miner Bitfarms Reports Mixed Q2 Earnings, Stock Rises 20%

Bitfarms has experienced a surprising surge in its stock price, rising 20% despite reporting a mixed financial performance for the second quarter. ...
Bitfarms Mined 189 BTC in June, Up 21%, Amid Hostile Takeover Attempt from Riot Platforms

Bitfarms Mined 189 BTC in June, Up 21%, Amid Hostile Takeover Attempt from Riot Platforms

Bitfarms disclosed a 21% month-on-month increase in Bitcoin production for June, mining a total of 189 BTC but sold 134 of these Bitcoins for appro...
Bitfarms to boost US presence with Pennsylvania expansion amid Riot takeover bid

Bitfarms to boost US presence with Pennsylvania expansion amid Riot takeover bid

Bitcoin miner Bitfarms is set to expand its operations in the US by leasing a site in Sharon, Pennsylvania, and deploying miners that can output 60...