Bitfarms Set to Boost Mining Capacity with Quebec Expansion

Bitfarms, a leading name in the crypto mining industry, is on the brink of a significant expansion. The company is wrapping up an acquisition in Baie-Comeau, Quebec. This move is a strategic step to bolster its mining operations.

Once the acquisition is finalized, Bitfarms plans to hit the ground running. The company intends to swiftly deploy miners in the new location. This swift action demonstrates Bitfarms’ commitment to enhancing its crypto mining capacity.

The most exciting part of this expansion is the new power capacity. Bitfarms anticipates that the first 11 MW of the 22 MW Baie-Comeau expansion will be operational this year. This increase in power capacity is a clear indication of Bitfarms’ growth strategy.

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