THELOGICALINDIAN - The mining aggregation Bitfarms has appear the close will arise trading on Nasdaq All-around Select Market starting on June 21 The close claims to action 1 of the all-around hashrate and with 99 blooming hydroelectricity
Bitfarms Renewable Operations to List on Nasdaq Global Select Market
The Canadian bitcoin mining close Bitfarms appear on Thursday that the aggregation will be listed on Nasdaq on Monday, June 21. The aggregation is already listed on the TSX Venture Exchange and leverages the ticker “BITF.”
For the Nasdaq listing, the aggregation will advance the aforementioned ticker symbol. According to the announcement, Bitfarms has acquired DTC accommodation which about agency shares can be deposited through DTC, the better balance archive in the world.
“Listing on Nasdaq is an important accomplishment for Bitfarms and is a cogent anniversary afterward assorted years of development and accomplishment by the company,” Bitfarms’ architect and arch controlling administrator Emiliano Grodzki said during the announcement.
“We started this aggregation four years ago with a bright acceptance in the institutional acceptance of Bitcoin and Bitcoin mining. This acceptance has guided us as we formed to body one of the better Bitcoin mining operations worldwide,” Grodzki added.
Bitfarms’ website says that it currently operates 69 megawatts of activity and dedicates about 1,420 petahash per additional (PH/s) of SHA256 hashrate. The amount of Bitfarms’ accessories amid in Quebec turns out to be about 1.42 exahash per additional (EH/s).
Bitfarms operates bitcoin mining plants in the Quebec regions of Farnham, Cowansville, Sherbrooke, Saint-Hyacinthe, and Magog. Bitfarms is not the alone crypto mining aggregation accepting listed these canicule as Hut 8 Mining was additionally approved for Nasdaq listing beforehand this week.
However, Grodzki capacity that Bitfarms will be the better about traded miner, in agreement of hashrate and operations about all powered by blooming energy.
“When Bitfarms begins trading on the Nasdaq, it will be the better about traded Bitcoin miner in North America application greater than 99% hydroelectric renewable electricity,” Grodzki remarked.
Statistics, at atomic according to both firm’s websites, shows Bitfarms has a bit added hashpower than Hut 8. While Hut 8 consumes 109 megawatts of energy, the firm’s mining operations in Medicine Hat and Drumheller, Alberta address about 1,073 PH/s of SHA256 hashrate to defended the Bitcoin network.
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