Bitfarms Reports Fourth Quarter 2024 Results
Provided By GlobeNewswire
Last update: Mar 27, 2025
- Revenue of $56 million, up 21% Y/Y -
- Gross mining margin of 47%, down from 57% from Q4 2023 -
- 18.6 EHuM up 186% from Q4 2023-
- Current efficiency of 19w/TH a 45% improvement from Q4 2023-
-Total energy pipeline of ~1.4 GW, ~80% based in the U.S.-
-Completed acquisition of Stronghold Digital Mining & sale of Yguazu, Paraguay data center-
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-0.05 (-2.16%)
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