Timothy Morano
Aug 01, 2024 15:19
Bitfarms Ltd. announces its Q2 2024 financial results and schedules a conference call for August 8, 2024, at 8:00 am EST.
Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin mining data center company, has announced that it will release its second quarter 2024 financial results on August 8, 2024, before the market opens. In conjunction with the release, the company will hold a conference call at 8:00 am EST on the same day, according to GlobeNewswire.
Conference Call Details
Participants wishing to join the live call can dial 888-506-0062 (domestic) or 973-528-0011 (international) and reference the access code 968924. The call will also be accessible via a live webcast, which can be registered for here.
A webcast replay will be available in the Events section of Bitfarms’ Investor website approximately one hour after the call. Additionally, an audio replay will be accessible through August 22, 2024, by dialing 877-481-4010 (domestic) or 919-882-2331 (international) and using access code 50787.
About Bitfarms Ltd.
Founded in 2017, Bitfarms Ltd. is a global vertically integrated Bitcoin mining data center company. It contributes its computational power to one or more mining pools, receiving payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining facilities, boasting in-house management, company-owned electrical engineering, installation services, and multiple onsite technical repair centers. The company’s proprietary data analytics system ensures optimal operational performance and uptime.
Currently, Bitfarms operates 12 Bitcoin data centers with two more under development, located in Canada, the United States, Paraguay, and Argentina. The company’s operations are predominantly powered by environmentally friendly hydro-electric and long-term power contracts, underscoring its commitment to sustainable energy infrastructure.
Recent Developments
Bitfarms has been actively expanding its footprint and enhancing its operational capabilities. Recently, the company announced the development of two new data centers in strategic locations, aiming to increase its overall computational power and efficiency. This expansion aligns with Bitfarms’ goal to leverage sustainable energy sources and further its commitment to environmentally responsible Bitcoin mining.
In addition, Bitfarms has been focusing on technological advancements and proprietary solutions to improve operational performance and reduce downtime. The company’s in-house technical repair centers and data analytics systems play a crucial role in maintaining high efficiency and reliability in its mining operations.
For more information on Bitfarms’ events, developments, and online communities, visit their official website.
Investor and Media Contacts
Investor Relations Contacts:
BitfarmsTracy KrummeSVP, Head of IR & Corp. Comms.+1 786-671-5638tkrumme@bitfarms.com
Innisfree M&A IncorporatedGabrielle Wolf / Scott Winter+1 212-750-5833
Laurel Hill Advisory Group1-877-452-7184416-304-0211assistance@laurelhill.com
Media Contacts:
U.S.: Joele Frank, Wilkinson Brimmer KatcherDan Katcher or Joseph Sala+1 212-355-4449
Québec: TactLouis-Martin Leclerc+1 418-693-2425lmleclerc@tactconseil.ca
Image source: Shutterstockbitfarms
bitcoin mining
financial results
