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Bitfarms: Bitcoin mining produced 217 BTC in September and sold 173 BTC

2024-10-03 08:35
Odaily News According to official news, Bitcoin mining company Bitfarms updated its monthly production report. It is reported that the company has achieved the year-end efficiency target of 21 w/TH in three months. In September, Bitcoin mining produced 217 BTC, which was a decrease from 233 BTC in August. In addition, Bitfarms disclosed that it sold 173 BTC in September as part of the company's regular funds, with a total proceeds of US$10.5 million. Bitfarms also stated that the company reached a settlement agreement with Riot Platforms Inc. in September. The special general meeting of shareholders was originally scheduled for November 6, 2024, but has now been rescheduled to November 20, 2024.