Bitfarms is in the midst of a transformative phase, pivoting towards a robust growth strategy in the US after selling its Paraguay facility to Hive. Their CEO, Ben Gagnon, discusses the implications this sale has for the company's future, emphasizing long-term planning, efficiency, and potential expansions into high-performance computing (HPC) and AI.
• Sale of Paraguay facility to Hive as a strategic move
• Focus on maximizing returns from US energy resources
• Recent January production results show a 19% growth in hash rate
• Ongoing improvements to T21 miners and operations
• Development of hybrid Bitcoin mining and HPC models
• Importance of positioning for the upcoming market cycles
• Conversation highlights the need for long-term strategic planning
Feel free to visit our channel and let us know your thoughts about Bitfarms and their planned direction!
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