BFARF - Bitfarms inks purchase agreement for 48K MicroBT miners

Bitfarms ([[BFARF]] +5.8%) has undertaken a transformational purchase of 48K new miners to increase hashing capacity by ~5.0 EH.The mining equipment is sourced from MicroBT;  initial shipment of miners is expected to take place on or before January 2022.Post that, miners will arrive monthly with the final mining rigs expected to arrive in December 2022.The miners will be installed at our existing and new facilities which are currently in development.Post deployment of current and planned addition of new miners in 2021, the production capability of Bitfarms mining fleet is expected to grow from over 1.0 EH at the present time to 3.0 EH by the end of 2021 and then to exceed 8.0 EH by the end of 2022.

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Bitfarms inks purchase agreement for 48K MicroBT miners