Bitfarms mined 204 BTC in November, sold 171 for a profit of $14.6 million

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MarsBit
12-02
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Blockchain News reported that the Bitcoin mining company Bitfarms released its November production report, mining 204 BTC, a decrease of 32 BTC from October. The operating speed reached 12.8 EH/s, an increase of 100% year-on-year.

Bitfarms sold 171 of the 204 BTC mined, generating $14.6 million in revenue. According to the mining machine upgrade agreement, 33 BTC were added to the treasury, and 351 BTC were transferred to Bitmain.

By the end of November, the treasury held 870 BTC, valued at $84.4 million.

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