An announcement from Bitfarms ( (TSE:BITF) ) is now available.
Bitfarms has appointed James Bond as Senior Vice President of High-Performance Computing (HPC) to establish and scale its North American HPC/AI business. Bond, with over 20 years of experience in IT infrastructure, previously led HPE’s North America HPC/AI infrastructure platforms, achieving significant growth. His appointment is expected to spearhead Bitfarms’ long-term HPC/AI strategy, leveraging its Pennsylvania power capacity to deploy advanced computing infrastructure, enhancing its market positioning and growth trajectory.
More about Bitfarms
Founded in 2017, Bitfarms is a global Bitcoin and vertically integrated data center company. It sells computational power to mining pools and receives payment in Bitcoin. The company develops, owns, and operates vertically integrated mining facilities with in-house management and technical repair centers. Bitfarms has 15 operating data centers in the United States, Canada, Paraguay, and Argentina, primarily powered by environmentally friendly hydro-electric and long-term power contracts.
YTD Price Performance: -34.16%
Average Trading Volume: 37,353,914
Technical Sentiment Signal: Buy
Current Market Cap: $479.1M
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