Bitfarms mined 269 bitcoin in April

April 2024 Select Operating Highlights: 7.0 EH/s online at April 30, 2024, up 40% Year-over-year (Y/Y) and 8% from March 31, 2024. 6.1 EH/s average online, up 7% from the previous month. 44 BTC/average EH/s, down 12% from the previous month. 269 BTC earned, 6% lower than the previous month and 29% lower Y/Y. 9.0 BTC earned daily on average, equal to ~$551,700 per day based on a BTC price of $61,300 at April 30, 2024. Ben Gagnon, Chief Mining Officer said, “In April, we fully upgraded two farms in Quebec with Bitmain T21 miners, improving energy efficiency by 51% at those farms and 9% on a company-wide basis. Our miner upgrades are progressing at a rapid pace, with Bunker and Cowansville scheduled to be completed in May and Leger in June. The Paso Pe energization is anticipated to contribute approximately 2 EH/s at 23 w/TH. With these deployments, we expect to reach approximately 10 EH/s and 28 w/TH in May and remain on schedule to reach our mid-year target of 12 EH/s and 25 w/TH in Q2 2024.”