Bitfarms CEO Ben Gagnon Q&A - 2025 Business Update & Outlook!

04/02/2025 59 min Temporada 1 Episodio 221
Bitfarms CEO Ben Gagnon Q&A - 2025 Business Update & Outlook!

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Episode Synopsis

Bitfarms is in the midst of a transformative phase, pivoting towards a robust growth strategy in the US after selling its Paraguay facility to Hive. Their CEO, Ben Gagnon, discusses the implications this sale has for the company's future, emphasizing long-term planning, efficiency, and potential expansions into high-performance computing (HPC) and AI.• Sale of Paraguay facility to Hive as a strategic move • Focus on maximizing returns from US energy resources • Recent January production results show a 19% growth in hash rate • Ongoing improvements to T21 miners and operations • Development of hybrid Bitcoin mining and HPC models • Importance of positioning for the upcoming market cycles • Conversation highlights the need for long-term strategic planning Feel free to visit our channel and let us know your thoughts about Bitfarms and their planned direction!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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