Bitfarms Ltd. is a Canadian company focused on Bitcoin mining using renewable energy sources, primarily hydroelectric power in Latin America and Canada. The firm operates several large-scale mining farms and is recognized as a technologically efficient player with low mining costs (e.g., under $10,000 per BTC in Q2 2025). Recently, it has begun expanding into high-performance computing (HPC) and AI workloads, aiming to diversify beyond pure crypto exposure. With a clean balance sheet, minimal debt, and vertical integration, Bitfarms is considered one of the most efficient and sustainable miners on the market—especially as regulatory and environmental pressures continue to rise.
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