Bitfarms’ Operational Hash Rate Hits 11.1 EH/s, Up 109% from Last Year. Toronto-based Bitcoin mining company Bitfarms announced that its operational hash rate reached 11.1 EH/s by the end of July, marking a 109% year-over-year increase and a 7% rise month-over-month. The average operational hash rate for the month was 10.3 EH/s, up 36% from June.
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Bitfarms' operational hash rate has experienced substantial growth, reaching 11.1 EH/s. This increase demonstrates the company's commitment to expanding its mining capacity and staying competitive in the Bitcoin mining industry.Year-on-Year Increase: The reported hash rate of 11.1 EH/s represents a year-on-year growth of 109%. This significant increase highlights Bitfarms' efforts to enhance its mining operations and improve its overall efficiency
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