the Bitfarms, a Nasdaq-listed Bitcoin mining company, released its April production and operations update, revealing that it has no plans to purchase large Bitcoin mining machines in 2025 or 2026. Instead, it will use previously purchased machines to achieve this year's growth targets, no longer pursuing new hardware but prioritizing the development of high-performance computing (HPC) business and expanding its energy infrastructure. In addition, Bitfarms disclosed that its mining output in April was 268 BTC (average daily mining output of 8.9 BTC), with the Bitcoin treasury holdings decreasing to 1005 BTC, lower than the previous month's 1140 BTC, equivalent to approximately $94 million based on the Bitcoin price on April 30.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Bitfarms: Bitcoin Treasury holdings fell to 1,005 in April, and plans to stop purchasing large BTC mining machines in the next two years
-
Wechat scan to share
Recommended for you
-
ETH Surpasses $2500
Market data shows that ETH has surpassed $2500, currently priced at $2500.39, with a 24-hour increase of 2.31%. The market is experiencing significant fluctuations, so please ensure proper risk management. -
ETH Surpasses $2500
Market data shows that ETH has surpassed $2500, currently priced at $2500.39, with a 24-hour increase of 2.31%. The market is experiencing significant volatility, so please ensure proper risk management. -
BTC Surpasses $79,000
Market data shows that BTC has surpassed $79,000, currently priced at $79,001.99, with a 24-hour increase of 1.85%. The market is highly volatile, so please ensure proper risk management. -
BTC Surpasses $79,000
Market data shows that BTC has surpassed $79,000, currently priced at $79,001.99, with a 24-hour increase of 1.85%. The market is experiencing significant volatility, so please ensure proper risk management. -
BTC Falls Below $79,000
Market data shows that BTC has fallen below $79,000, currently priced at $78,897.69, with a 24-hour increase narrowing to 2.21%. The market is experiencing significant volatility, so please ensure proper risk management. -
BTC Falls Below $79,000
Market data shows that BTC has fallen below $79,000, currently reported at $78,897.69, with a 24-hour increase narrowing to 2.21%. The market is experiencing significant fluctuations, so please ensure proper risk management. -
BTC Reaches $80,000
Market data shows that BTC has reached $80,000, currently priced at $79,793.99, with a 24-hour increase of 3.42%. The market is highly volatile, so please ensure proper risk management. -
BTC Reaches $80,000
Market data shows that BTC has reached $80,000, currently priced at $79,793.99, with a 24-hour increase of 3.42%. The market is experiencing significant fluctuations, so please ensure proper risk management. -
-
BTC Surpasses $79,000
Market data shows that BTC has surpassed $79,000, currently priced at $79,022.89, with a 24-hour increase of 2.08%. The market is experiencing significant volatility, so please ensure proper risk management.
Daily Must-Read
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
-
The Invisible Bill: Unpacking the Token Amplification Effect
-
ENI Takes the Stage at WebX Japan and Builds a Bridge from Traditional Capital to the Future Economy
-
GWDC 2026 KOREA: The New Asian Paradigm of Web3 & AI Sets to Debut in Seoul on Sept 29-30, Inviting Global Builders to the Ultimate Developer Summit
-
From User Journey to Consumption Loop: Understanding UniKey’s Product Logic and the Three Core Use Cases of KEY
All Comments