Bitfarms Building Two New Farms Of 78 MW Capacity In Canada

  • Bitfarms has started the construction of two new mining farms in Canada.
  • “Both farms will benefit from our existing cost-effective contracts that supply green hydro power at an average cost of just $0.04 per kilowatt hour,” its CEO said.
  • The company expects to house 21,000 rigs and generate 2.1 EH/s of hashrate capacity upon completion.

Bitcoin miner Bitfarms announced it is constructing two new mining farms in the city of Sherbrooke, Québec, to be completed in phases during the first two quarters of 2022 and house a total of 78 megawatts (MW) of power capacity. The company expects to accommodate 21,000 bitcoin miners that together may generate over 2 exahashes per second (EH/s).

“Committed to increasing our capacity and hashrate in a cost-effective manner, we have been working closely with the City of Sherbrooke to expedite our expansion,” said Emiliano Grodzki, CEO of Bitfarms, per the announcement. “Both farms will benefit from our existing cost-effective contracts that supply green hydro power at an average cost of just $0.04 per kilowatt hour.”



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