Bitfarms Reports September Bitcoin Mining Output And Financial Updates

According to Odaily, Bitcoin mining company Bitfarms has released its monthly production report, revealing that the company has achieved its year-end efficiency target of 21 w/TH over the past three months. In September, Bitfarms mined 217 BTC, a decrease from the 233 BTC mined in August. Additionally, Bitfarms disclosed that it sold 173 BTC in September as part of its regular funding operations, generating total revenue of $10.5 million. The company also announced that it reached a settlement agreement with Riot Platforms Inc. and rescheduled its special shareholder meeting from November 6, 2024, to November 20, 2024.