Bitfarms, a Bitcoin mining company, reported a 34% month-on-month increase in earnings due to an increased mining hashrate following fleet upgrades and expansion. In July, Bitfarms generated 253 BTC, worth approximately $16.2 million, compared to its earnings of 189 BTC ($12.1 million) in June, representing a 34% increase in monthly earnings from Bitcoin mining . The company attributed this growth to its fleet upgrade and expansion efforts