Published 4 days ago • loading... • Updated 3 days ago

Bitfarms Halts Argentina Bitcoin Mining After Power Cut, 13% of Capacity Goes Offline

Summary by Bitcoin Ethereum News

The post Bitfarms Halts Argentina Bitcoin Mining After Power Cut, 13% of Capacity Goes Offline appeared on BitcoinEthereumNews.com. Bitfarms, one of the largest publicly traded Bitcoin mining companies, has suspended all operations at its mining facility in Argentina. The shutdown follows a notice from its electricity supplier, Generación Mediterránea S.A. (GMSA), which informed the company that it would halt power indefinitely, effective May 12…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

6 Articles

All

Left

Center

Right

crypto.news

Bitfarms's mining margins squeezed despite 33% revenue jump as post-halving costs climb

Bitfarms posted strong top-line growth in the first quarter of this year, but rising production costs following the April 2024 Bitcoin halving drove a sharp decline in mining margins

3 days ago

Read Full Article

investincryptonews.com

Bitfarms clocks loss amid AI pivot - Invest In Crypto News

Helping you make informed financial decisions with the latest news and insights from the world of investing and cryptocurrency. Unlock the power of crypto.

3 days ago

Read Full Article

The Crypto Basic

Reposted by

Bitcoin Ethereum News

Bitfarms Halts Argentina Bitcoin Mining After Power Cut, 13% of Capacity Goes Offline

Bitfarms, one of the largest publicly traded Bitcoin mining companies, has suspended all operations at its mining facility in Argentina.

3 days ago

Read Full Article

gurufocus.com

Bitfarms (BITF) Posts Mixed Q1 Results with Revenue Growth

Key Highlights: Bitfarms (BITF) missed Q1 EPS expectations but achieved higher-than-anticipated revenue. Wall Street forecasts a significant upside in Bi

4 days ago

Read Full Article

tipranks.com

Bitfarms Reports Q1 2025 Revenue Growth and Strategic U.S. Expansion

Bitfarms ( ($TSE:BITF) ) has issued an update. Bitfarms reported a 33% year-over-year increase in revenue for Q1 2025, reaching $67 million, despite a decrease in g...

4 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year