Bitfarms announces agreement with the city of sherbrooke on plan to fully develop 96 mw of green bitcoin mining infrastructure

Toronto and brossard, quÉbec, sept. 07, 2021 (globe newswire) -- bitfarms ltd. (nasdaq: bitf // tsxv: bitf), a publicly traded bitcoin mining company currently powering over 1% of the bitcoin network with greater than 99% green hydroelectricity, announces today it has reached an agreement with the city of sherbrooke, quÉbec, on a comprehensive agreement to develop 96 mw of hydropower on an expedited basis. the agreement with the city advances the company's growth goals of 3 exahash by first quarter 2022 and 8 exahash by year-end 2022 while addressing residential concerns about sound emissions.
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