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Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise

Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set, and missed, for 2022.

Updated May 9, 2023, 4:10 a.m. Published Mar 21, 2023, 11:38 a.m.
Bitfarms mining rigs (Eliza Gkritsi/CoinDesk)
Bitfarms mining rigs (Eliza Gkritsi/CoinDesk)