Bitfarms recently sold 60% of their Bitcoin production for the month of August. This comes at a time when the network difficulty for Bitcoin mining is on the rise. Despite the challenges posed by the increasing difficulty, Bitfarms was still able to successfully sell a significant portion of their production. This highlights the company’s ability to navigate through changing market conditions and adapt to challenges in the industry. Overall, Bitfarms continues to be a key player in the cryptocurrency mining sector.
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