409 0 Kommentare Bitfarms Earns 357 BTC in January 2024 - Seite 2

6.5 EH/s online as of January 31, 2024, up 38% from January 31, 2023, and level with December 31, 2023.
5.9 EH/s average online, down 4.8% from December 2023.
60.6 BTC/average EH/s, down 15.5% from 71.7 in December 2023.
357 BTC earned, 20.0% lower than December 2023 and 26.5% lower than January 2023.
11.5 BTC earned daily on average, equal to approximately $495,200 per day based on a BTC price of $43,000 at January 31, 2024.
80 MW main transformer is in transit on schedule for the Paso Pe, Paraguay farm.
Purchased land for development of up to 100 MW production facility at Yguazu, Paraguay.

Bitfarms’ BTC Monthly Production

Month	BTC Earned 2024	BTC Earned 2023
January	357	486

January 2024 Financial Update

Sold 357 BTC of the 357 BTC earned, generating total proceeds of $15.3 million.
Maintained BTC held in treasury at 804, representing approximately $34.6 million based on a BTC price of $43,000 at January 31, 2024.
Held Synthetic HODL of 135 long-dated BTC call options at January 31, 2024.
Reduced total outstanding indebtedness during the month by $2.0 million, resulting in a remaining balance of $2.0 million at January 31, 2024 which is scheduled to be fully repaid in February 2024.

About Bitfarms Ltd.

Founded in 2017, Bitfarms is a global, publicly traded (NASDAQ/TSX: BITF) Bitcoin mining company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime.

Bitfarms currently has 11 farms in production, one in expansion, one under construction, and one in development, in four countries: Canada, the United States, Paraguay, and Argentina. Powered by predominantly environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable, locally based, and often underutilized energy infrastructure.

To learn more about Bitfarms’ events, developments, and online communities:

Website: www.bitfarms.com