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Bitfarms mines 3,000 bitcoins in 2021, plans to enter Paraguay, then Argentina

RIO DE JANEIRO, BRAZIL - "We expect to begin initial production in Paraguay by the end of the year," Bitfarms stated. The company previously reported that the plant will operate with 3,000 devices. Later, in 2022, it will begin operating in Argentina, where it expects to have 55,000 miners at its new plant in the province of Córdoba.

Founded in 2007 in Quebec, Canada, Bitfarms was the first bitcoin mining company to start trading on the Canadian stock exchange in Ontario in 2019. This year it also began trading on Nasdaq, United States. Under the code BITF, its . . .

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