Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate. Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April. https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1722646278092-YAKIHONNES3.jpg *Bitfarms monthly BTC production. Source: Bitfarms*
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