๐ Bitfarms is on a shopping spree! The Canadian Bitcoin miner just snagged 51,908 ASICs, including 28,000 Bitmain T21s, to boost its hash power to a whopping 21 EH/s (that's 3% of Bitcoin's network capacity) ๐คฏ. CEO Geoff Morphy says they're "securing hardware before price hikes" ๐ธ.
Bitfarms is also raising $375M for "growth and development" ๐ฑ, with 11 mining facilities already in operation and more in the works. But watch out, the Bitcoin halving in April could shake things up for miners' bottom lines โ๏ธ.
What do you think? Will Bitfarms' expansion pay off? Share your thoughts in the comments! ๐ฌ๐