Bitfarms, one of the largest Bitcoin miners globally, expects significant growth opportunities as a result of the upcoming BTC halving. The company generated $9.5 million by selling 362 BTC and currently holds 703 BTC worth nearly $20 million. Bitfarms has increased its mining production by installing new miners and fully activating its facility in Argentina, reaching a total operating capacity of 233 MW. In September, the company also increased its hash rate by 9%. Despite this growth, Bitfarms’ mining pace is slightly lower than the previous year.
AI Sentiment: Positive