• Bitfarms launched a mining and manufacturing replace for Might 2022.
  • The corporate mined a complete of 431 BTC valued at $16.6 million and deposited 429 BTC into custody (99%).
  • The miner now holds 6,075 BTC, recently valued at over $192.Five million.

Bitfarms (NASDAQ: BITF, TSX: BITF), a publicly-traded bitcoin mining corporate, launched its manufacturing and mining replace for Might 2022 appearing 431 BTC mined value about $16.6 million at time of writing, by the use of a press release.

“All through Might, day by day moderate manufacturing greater to 13.nine bitcoin/day, up 3% from 13.Five BTC/day in April,” mentioned Emiliano Grodzki, CEO of Bitfarms. “We finished the construct out of Leger facility with 7,400 miners producing roughly 740 PH/s [petahashes per second]. Leger is now our unmarried greatest website online with a manufacturing degree just about an identical to Bitfarms complete hashrate on the finish of Q2, 2020.”

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