According to Deep Tide TechFlow, on May 4th, cryptocurrency mining company Bitfarms released its April operations report. The company announced a $300 million financing agreement with Macquarie Group, which will be used to build a high-performance computing data center at Panther Creek.
In April, Bitfarms mined a total of 268 bitcoins, maintaining an operational hash rate of 19.5 EH/s. As of the end of April, the company held 1,005 bitcoins, valued at approximately $94 million. CEO Ben Gagnon stated that the company will focus on developing U.S. energy and HPC infrastructure to create sustainable shareholder value.