Powering blockchain with sustainable energy
Bitfarms owns and operates blockchain farms that power the modern digital landscape of the economy.
We are located in Eastern Canada where the climate, open space and the accessibility to hydroelectricity, a clean and renewable energy, provide an ideal environment for cryptocurrency mining. We prioritize a sustainable approach just as much as a healthy bottom line.
Building the infrastructure that holds our future
Hosting tomorrow’s growth
Through reliable skill
Bitfarms has built a strong and well-managed team. The 100% vertically integrated operation handles everything from design, construction and operations; with a leadership team that is involved at the core of it all.
How Bitfarms remains top tier
Bitfarms stands its ground as leader of blockchain value creation because its expertise is based on thorough insights and first-hand experience. Since 2009, investments and breakthroughs have been made throughout the world by our management and its supporting teams.
Management team and board of directors
The leaders of blockchain
100% owned and operated farms
Design, construction, and operations; all mastered in-house by our 100+ employees and contractors.
Clean & renewable energy
With low hydroelectricity rates, reliable infrastructure, innovative universities and supportive policymakers, the province of Quebec provides ideal conditions.
Superior technical know-how
After having created the largest independent hosting companies in Canada, our founders have assembled a leadership team that possess unparalleled technical expertise.
Efficient procurement and maintenance
Excellent reciprocal relationships with leading chip and hardware manufacturers translate to quick turnaround and sustainable growth.
Developing a public mining pool
Direct pool ownership and administration will increase transaction fees and profit margins on daily coin rewards.
100% owned electrical contractors
With a team of 21 electricians in-house we can easily manage 24/7 shifts and expedited facility buildouts.
Outstanding return on investment
Regular sale of mined coins followed by redeployment of proceeds into ongoing growth can only lead to one thing: superior economic returns.
On-site repair lab & training center
With its own lab and training center devoted to microelectronic hardware repair, the need to ship overseas is eliminated, downtime is reduced and quality repairs are ensured.
bitfarms is different
Bitfarms Technologies Ltd.
Backbone Hosting Solutions Inc. completed the reverse acquisition of Bitfarms Technologies Ltd. (TASE & OTC: BLLCF) (formerly Blockchain Mining Ltd.) in April 2018. Bitfarms Technologies Ltd. was primarily focused on making investments in land and natural resource assets, and continues to hold these investments. The investments consist primarily of iron deposits located in the United States.
† On top of the 23 million shares acquired from Bitfarms, Bitfarms Technologies Ltd. has an additional 17.3 million shares reserved for issuance as part of the original share exchange agreement. Furthermore, Bitfarms Technologies Ltd. anticipates proposing a second share exchange agreement to issue 26.2 million shares for the remaining issued and outstanding shares of Bitfarms.