Company Description

Bitfarms owns and operates Bitcoin mining farms in Canada. Bitfarms operates five facilities in Quebec, Canada all powered off 100% renewable energy with an average electricity cost of 4 cents kWh. Bitfarms raised a debt round in 2019 from Dominion Capital. The company operates a proprietary monitoring and ASIC management platform. The company was founded on October 11, 2018 and went public on the TSXV in 2019.

Overview