Bitfarms mined 211 BTC in December and currently has 934 BTC in its Bitcoin reserves

According to Globenewswire, Bitcoin mining company Bitfarms has released its latest monthly production report, stating that its mining operations generated 211 BTC in December 2024, compared to 207 BTC in November, reflecting a 4% increase in average operational EH and a 7% increase in Bitcoin difficulty. As of December 31, 2024, the operating speed was 12.8 EH/s, a year-on-year increase of 97%. Since the beginning of the year, the company has produced a total of 4928 BTC mines. In addition, Bitfarms sold 147 of the 211 BTC earned from the company's regular fund management business, with a total revenue of $14.3 million. The total working capital is 147 million US dollars, including approximately 60 million US dollars in cash as of December 31, 2024. The Bitfarms vault has added 64 BTC, bringing its balance to 934 BTC worth approximately $87.8 million.