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Bitfarms CEO Ben Gagnon joins us to discuss the company's strategic transformation, including their shift toward US operations, the Macquarie Group financing partnership, and their expansion into HPC and AI infrastructure.
• Transitioning from international operations to focus on North American assets that offer diversification opportunities beyond Bitcoin mining
• Securing a $300 million financing facility with Macquarie Group for HPC/AI infrastructure development at the Panther Creek site
• Leveraging BitFarms' 1.3-1.4 gigawatt energy portfolio as their core value proposition
• Creating a hybrid model where Bitcoin mining absorbs inefficiencies in HPC infrastructure
• Growing operational hash rate to 19.5 exahash with competitive efficiency of 19 watts per terahash
• Maintaining strong direct mining margins even at current Bitcoin prices
• Expanding the successful Synthetic Hodl program into Bitcoin One for comprehensive treasury management
• Building a multi-year growth roadmap with 955 megawatts of capacity at Pennsylvania sites
Take a second to smash the like button and subscribe to McNally Money. Let us know in the comment section if you're holding BitFarms shares and your outlook on the Bitcoin mining sector for Q2.
Anthonys Info:
Website:
https://www.powermininganalysis.com
X:
https://twitter.com/cazenove_uk
Patreon:
https://www.patreon.com/Cazenove_UK
Bryce's Info:
X:
https://twitter.com/McnallieM
Patreon:
https://www.patreon.com/McNallieMoney
Merch:
https://shop.mcnalliemoney.com/
Website:
https://www.mcnalliemoney.com
Business Inquiries:
Email - [email protected]
By Anthony Power & Bryce McNallie4.5
22 ratings
Bitfarms CEO Ben Gagnon joins us to discuss the company's strategic transformation, including their shift toward US operations, the Macquarie Group financing partnership, and their expansion into HPC and AI infrastructure.
• Transitioning from international operations to focus on North American assets that offer diversification opportunities beyond Bitcoin mining
• Securing a $300 million financing facility with Macquarie Group for HPC/AI infrastructure development at the Panther Creek site
• Leveraging BitFarms' 1.3-1.4 gigawatt energy portfolio as their core value proposition
• Creating a hybrid model where Bitcoin mining absorbs inefficiencies in HPC infrastructure
• Growing operational hash rate to 19.5 exahash with competitive efficiency of 19 watts per terahash
• Maintaining strong direct mining margins even at current Bitcoin prices
• Expanding the successful Synthetic Hodl program into Bitcoin One for comprehensive treasury management
• Building a multi-year growth roadmap with 955 megawatts of capacity at Pennsylvania sites
Take a second to smash the like button and subscribe to McNally Money. Let us know in the comment section if you're holding BitFarms shares and your outlook on the Bitcoin mining sector for Q2.
Anthonys Info:
Website:
https://www.powermininganalysis.com
X:
https://twitter.com/cazenove_uk
Patreon:
https://www.patreon.com/Cazenove_UK
Bryce's Info:
X:
https://twitter.com/McnallieM
Patreon:
https://www.patreon.com/McNallieMoney
Merch:
https://shop.mcnalliemoney.com/
Website:
https://www.mcnalliemoney.com
Business Inquiries:
Email - [email protected]

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