DEPLOYDatabase

Company

Bitfarms

Bitfarms (NASDAQ/TSX: BITF) is a Global Bitcoin mining company that operates large-scale cryptocurrency mining facilities across North and South America.

Founded
2017
HQ
Rouyn-Noranda, Quebec, Canada
Status
private

Overview

Bitfarms (NASDAQ/TSX: BITF) is a Global Bitcoin mining company that operates large-scale cryptocurrency mining facilities across North and South America. The company focuses on using renewable hydroelectric power for its mining operations.

Verified record

Verified deployments
None on file
Active incidents
None on file

Key facts

Axis classification

OFF-AXIS — Bitcoin mining infrastructure, not a physical AI system maker, operator, or regulator

Stronghold acquisition and PJM growth framing (company PR via Cohen)

Bitfarms said completing the Stronghold acquisition increased its energy portfolio (company-stated figures include incremental generating capacity and a multi-hundred-MW Pennsylvania growth pipeline aimed at BTC mining and HPC/AI) (Cohen Capital Markets / Bitfarms PR).

Baie-Comeau 22 MW hydro capacity agreements (company IR)

On April 11, 2023 Bitfarms announced agreements to acquire 22 MW of hydro power capacity and lease a site in Baie-Comeau, Quebec, describing the area as hosting multiple hydro generation facilities (Bitfarms IR).

Data & sources

Press releases

1

Web sources

1

2 sources backing this record.View all →

Partnerships

Every company Bitfarms has built with, alongside the ones only announced in a press release.

4 total3 operating1 just announced

Most-frequent partners

  1. 1AWS1× joint976 total
  2. 2Foundry Digital1× joint
  3. 3Microsoft1× joint351 total
  4. 4T5 Data Centers1× joint

Most recent

Relationships

AAWSTechnology partnerFFoundry DigitalCo-developerMMicrosoftTechnology partnerTT5 Data CentersCo-developer

Current leadership (1)

Founders (2)

See all founders across the registry →

Former / Previously (2)

Safety record

No incidents on record for Bitfarms.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Bitfarms on the data-center map

Every verified data center Bitfarms operates that has a mapped coordinate (7 total). Filled circles are Tier-2 facilities and Tier-1 campuses under this operator; click any pin to open its record.

Bitfarms data centers (7)

AI data centers Bitfarms operates or is a party to, from the DEPLOY data center registry.

Recent coverage

Bitfarms in third-party press