Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement

Bitfarms was able to sell far few shares for the same amount of proceeds thanks to a 45% rise in its stock price in the last week.

Bitfarms boost its mining power by 360 PH with the new lease, set to run for 24 months.

Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that the Bitcoin mega mining farm, whose construction started last month, will be built in the province of Cordoba, in association with a private power plant. Bitfarms will purchase the energy directly from this private power company, reportedly without causing stress to the power grid of the country. Bitfarms Opens Up About Plans in Argentina Bitfarms has revealed details about the construction of its bitcoin mega-mining farm in Argentina, which,....

Privacy-centric blockchain, Concordium has concluded the fourth private sale of its GTU tokens to fund further development of its public and permissionless compliance-ready solutions.  In total, the private placement rounds have secured Concordium, which is run by a team of Danish innovators, a capital injection of $36 million. The latest financing round values the company […]

Bitfarms, a publicly traded miner, released its bitcoin mining update showing 431 BTC mined with 6,075 BTC ($192 million) held in custody.