<a href="https://ultramining.com/news/en/bitfarms-set-to-boost-mining-capacity-with-quebec-expansion/">Bitfarms</a> announced it has achieved an energy efficiency of 21 w/TH, three months earlier than planned. In September, the company improved this metric by 16% through equipment upgrades and the implementation of energy-saving measures. 
CEO Ben Gagnon stated that reaching this goal will increase gross data center profitability, considering current mining economics. Bitfarms is actively modernizing its facilities to boost performance and reduce operating costs. 
The <a href="https://ultramining.com/news/en/terawulf-soars-to-record-revenue-with-330-btc-mined-in-july-2023/">company mined</a> 217 BTC in September and plans further expansion, aiming to reach 21 EH/s in the coming months.

Bitfarms Achieves 21 w/TH Efficiency Three Months Ahead of Schedule

Ultramining_Eng

Other articles published on Oct 2, 2024

ARCHIV3: Poland’s Second-Largest Bank Chooses Aleph Zero to Tokenize Historical Art

Bitcoin Leads $140M in Liquidations as Crypto Market Faces $526M Wipeout

Is It Too Late To Buy MANYU? Littlemanyu Price Soars 79% And This Might Be The Next Crypto To Exp...

Kraken Expands European Reach with Acquisition of Dutch Crypto Broker BCM

From Uptober to 'Rektober': $500,000,000 in Crypto Market Liquidations

Solana’s New Web3 Smartphone "Seeker": What You Need to Know

Join our free newsletter for daily crypto updates!