Computing power
to reshape the world

Bitfarms is a blockchain infrastructure company that operates one of the largest cryptocurrency mining operations in North America

Discover Bitfarms

PH/S *
MW *
Bitcoin value in USD
Q4 2019 Average Production cost per Bitcoin in USD *

Bitfarms provides an essential service

Bitfarms operates blockchain computing centres that power the global decentralized financial economy. Bitfarms provides computing power to cryptocurrency networks such as Bitcoin, earning fees from each network for securing and processing transactions. Powered by clean and competitively priced hydroelectricity, Bitfarms operates five facilities in Québec, Canada.

Hosting tomorrow’s growth

Bitfarms’ strong and experienced management team is comprised of experienced industrial-scale data centre operators and capital markets professionals, focused on building infrastructure for the future by developing and hosting the ecosystem growing around blockchain-based technologies

Latest News

Consolidated financial statements as of December 31, 2019 April 29 2020
Management’s Discussion & Analysis For the year ended December 31, 2019 April 29 2020
Bitfarms Reports Financial Results for the Year Ended December 31, 2019 April 29 2020
Bitfarms Announces the Appointment of a New Director and Provides Notice of Release of 2019 Annual Financial Statements April 17 2020
*Petahash [per second] (PH/S) and megawatt (MW) numbers reflect the maximum operational capacity for all ASIC miners. Actual figures will vary slightly due to routine maintenance. The production cost per bitcoin is calculated by taking the total electricity costs related to the mining of each of Bitcoin  divided by the total number of Bitcoin  mined during  the relevant period.