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Bitfarms mined 424 BTC from birch

by Vaibhav
April 3, 2023
in News
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Bitfarms mined 424 BTC from birch
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Over the past month, the Bitfarms mining company has mined 424 BTC. Fierce has mined 387 BTC. Pro team povіdomila at the press.

With a good deal, the company sold 394 BTC at an average price of $24,700. Earned $9.7 million.

Let’s guess that the company inspired in the strategy of accumulating assets in red in 2022, becoming one of the leaders in obligations liquidation of cryptocurrency reserves among public mining companies.

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Nini (for the sake of fame) Bitfarms is utilizing 435 BTC for a total sum of about $12.4 million (at a price of $28,500, set for June 31, 2023). The same company is small in its distribution of pennies and their equivalents in the amount of $29 million.

For the quarter, Bitfarms generated 1297 BTC, and last year for the same period – 962 BTC. The hash rate for the end of last month was 4.8 EH/s.

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Earlier company repaid the overdue loan BlockFi for a total amount of $21 million in a one-time penny payment from $7.75 million.

Dodamo, that birch has a big income of bitcoin-miners by 21%. The indicator reached the mark of $ 757.8 million, which is the highest value for the remaining ten months.

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