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Bitfarms produced 269 BTC in April and sold 245 of them. It currently holds 830 BTC

Bitfarms produced 269 BTC in April and sold 245 of them. It currently holds 830 BTC

Bitget2024/05/06 09:17

On May 6, Bitcoin mining company Bitfarms recently released its April 2024 operating report. The main points are as follows: - As of April 30, the online computing power was 7.0EH/s, a year-on-year increase of 40% and a month-on-month increase of 8%; - The average online computing power was 6.1EH/s, a month-on-month increase of 7%; - 269 BTC were produced, a month-on-month decrease of 6% and a year-on-year decrease of 29%; - 245 BTC were sold, with a total income of US$16.1 million; - BTC reserves increased to 830, which is equivalent to US$50.9 million based on the price of US$61,300 on April 30, 2024. In addition, with the installation of the Paso Pe primary mining machine and the power-on of the entire mine scheduled to take place in May, the company expects the computing power to reach 21 EH/s in 2024.

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