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On January 24, 2024, Bitfarms Ltd., a global Bitcoin mining company, announced the completion of a land purchase in Yguazu, Paraguay, for a new 100 MW production facility. This move is part of a transformative fleet upgrade aimed at achieving a corporate hashrate of 21 EH/s by the end of 2024. The land is strategically located near the Itaipú Dam, one of the world's largest hydropower dams, which will provide the facility with low-cost renewable energy. Over 85% of Bitfarms' operations will utilize green energy once the Yguazu facility is operational. The construction of the Yguazu farm is expected to be completed in the second half of 2024, aligning with the company's miner redeployment strategy and the potential exercise of an option to purchase additional Bitmain T21 miners. Bitfarms' President and CEO, Geoff Morphy, emphasized the project's alignment with the company's commitment to cost management, energy efficiency, and shareholder returns, particularly in anticipation of the upcoming Bitcoin Halving event.
On January 24, 2024, Bitfarms Ltd., a global Bitcoin mining company, announced the completion of a land purchase in Yguazu, Paraguay, for a new 100 MW production facility. This move is part of a transformative fleet upgrade aimed at achieving a corporate hashrate of 21 EH/s by the end of 2024. The land is strategically located near the Itaipú Dam, one of the world's largest hydropower dams, which will provide the facility with low-cost renewable energy. Over 85% of Bitfarms' operations will utilize green energy once the Yguazu facility is operational. The construction of the Yguazu farm is expected to be completed in the second half of 2024, aligning with the company's miner redeployment strategy and the potential exercise of an option to purchase additional Bitmain T21 miners. Bitfarms' President and CEO, Geoff Morphy, emphasized the project's alignment with the company's commitment to cost management, energy efficiency, and shareholder returns, particularly in anticipation of the upcoming Bitcoin Halving event.
2024年1月24日，全球比特币矿业公司Bitfarms有限公司宣布完成在巴拉圭伊瓜苏购买新100兆瓦生产设施的土地。此举是变革性机队升级的一部分，旨在到2024年底实现21 EH/s的企业哈希率。这片土地地理位置优越，靠近伊泰普大坝，伊泰普大坝是世界上最大的水电大坝之一，它将为该设施提供低成本的可再生能源。Yguazu设施投入运营后，Bitfarms超过85％的业务将使用绿色能源。Yguazu农场的建设预计将于2024年下半年完成，这与公司的矿工重新部署战略以及可能行使购买更多比特大陆T21矿机的期权相一致。Bitfarms总裁兼首席执行官Geoff Morphy强调该项目符合公司对成本管理、能源效率和股东回报的承诺，尤其是在对即将到来的比特币减半活动的预期下。
2024年1月24日，全球比特币矿业公司Bitfarms有限公司宣布完成在巴拉圭伊瓜苏购买新100兆瓦生产设施的土地。此举是变革性机队升级的一部分，旨在到2024年底实现21 EH/s的企业哈希率。这片土地地理位置优越，靠近伊泰普大坝，伊泰普大坝是世界上最大的水电大坝之一，它将为该设施提供低成本的可再生能源。Yguazu设施投入运营后，Bitfarms超过85％的业务将使用绿色能源。Yguazu农场的建设预计将于2024年下半年完成，这与公司的矿工重新部署战略以及可能行使购买更多比特大陆T21矿机的期权相一致。Bitfarms总裁兼首席执行官Geoff Morphy强调该项目符合公司对成本管理、能源效率和股东回报的承诺，尤其是在对即将到来的比特币减半活动的预期下。
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