Bitfarms Ltd/Canada operates cryptocurrency mining farms in Canada, the United States, Paraguay, and Argentina, validating Bitcoin transactions and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician and mining hardware hosting...

Bitfarms Logo

About Bitfarms

Bitfarms Ltd/Canada operates as a cryptocurrency mining firm, providing computing power to cryptocurrency networks such as Bitcoin and earning fees from securing and processing transactions. The company owns and operates server farms in Canada, the United States, Paraguay, and Argentina, primarily validating transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. Bitfarms also provides electrician services to commercial and residential customers in Quebec, Canada, and offers hosting services for third-party mining hardware. The company was formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms Ltd. in October 2018. It was founded in 2017 and is based in Toronto, Canada.

Address

110 Yonge Street, Suite 1601
Toronto, M5C 1C4
Canada

Year founded

2018

Number of employees

100-200

Sector

Information Technology

Industry Group

Software & Services

Industry

IT Services

Subindustry

Internet Services & Infrastructure

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