Bitfarms Projects 2025 Guidance Of Over 35 EH/s; Says Actively Engaged In Assessing Opportunities To Expand Presence Within Pennsylvania-New Jersey-Maryland Interconnection Region
Portfolio Pulse from Benzinga Newsdesk
Bitfarms has projected a 2025 guidance of over 35 EH/s, supported by a site capable of 8 EH/s and a recent acquisition of 100 MW in Paraguay. The company is also exploring expansion opportunities in the Pennsylvania-New Jersey-Maryland interconnection region.
June 13, 2024 | 10:04 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Bitfarms has projected a 2025 guidance of over 35 EH/s, supported by a site capable of 8 EH/s and a recent acquisition of 100 MW in Paraguay. The company is also exploring expansion opportunities in the Pennsylvania-New Jersey-Maryland interconnection region.
The projection of over 35 EH/s by 2025, supported by a site with 8 EH/s capacity and a 100 MW acquisition in Paraguay, indicates strong growth potential. Additionally, exploring expansion in the PA-NJ-MD region could further enhance their operational capacity and market presence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100