Canadian Bitcoin miner Bitfarms doubles computing power to more than 2 EH/s

According to reports, Canadian Bitcoin miner Bitfarms (BITF) said in a statement on Monday that the company has doubled its mining capacity to more than 2 EH/s in the past eight months, thus making it more profitable. In addition, get a larger share of the network hash rate. Bitfarms founder and CEO Emiliano Grodzki said in a statement that as it continues to execute its expansion plan, it is expected to continue to exceed the growth rate of the Bitcoin network to promote higher Bitcoin production in 2022. Bitfarms has received and installed 1,500 S19j Pro miners in November and plans to receive and install 2,701 Bitmain S19j Pro miners and 400 MicroBT M30S miners during the rest of November. Bitfarms also purchased 48,000 MicroBT miners, which are scheduled to be delivered in 2022.