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TORONTO, Ontario and BROSSARD, Québec, Aug. 27, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (Nasdaq: BITF // TSXV: BITF), a publicly traded Bitcoin mining firm, presently powering roughly 1.1% of the Bitcoin community with better than 99% inexperienced hydroelectricity, publicizes immediately that its Chief Mining Officer, Ben Gagnon, will current at the Benzinga Crypto Festival, which is being held nearly on August 31 – September 1, 2021.
Mr. Gagnon will ship his presentation on Wednesday, September 1, at 1:30 pm ET and also will take part in a panel dialogue titled “Profit-Making Opportunities in Crypto Mining: Present and Future” at 2:50 pm ET on the similar day.
Mr. Gagnon and different members of administration may even be obtainable for one-on-one conferences all through the convention.
Investors can register to watch the presentation and panel dialogue right here: https://www.benzinga.com/events/crypto-fest/
We invite you to go to our web site to study extra about Bitfarms and for a handy hyperlink to watch the classes at a later time. The hyperlink can be discovered below the tab titled Presentation & Events at: https://www.bitfarms.com/investors/
About Bitfarms Ltd.
Founded in 2017, Bitfarms is a Bitcoin mining firm, working vertically built-in mining operations with onsite technical restore, proprietary knowledge analytics and Company-owned electrical engineering and set up companies to ship excessive operational efficiency and uptime.
Having demonstrated speedy progress and stellar operations, Bitfarms turned the first Bitcoin mining firm to full its lengthy kind prospectus with the Ontario Securities Commission and began buying and selling on the TSX-V in July 2019. On February 24, 2021, Bitfarms was honoured to be introduced as a Rising Star by the TSX-V. On June 21, 2021, Bitfarms began buying and selling on the Nasdaq Stock Market.
Bitfarms has a diversified manufacturing platform with 5 industrial scale services positioned in Québec. Each facility is over 99% powered with environmentally pleasant hydro energy and secured with long-term energy contracts. Bitfarms is presently the solely publicly traded pure-play mining firm audited by a Big Four audit agency.
To study extra about Bitfarms’ occasions, developments, and on-line communities:
Trading in the securities of the Company must be thought-about extremely speculative. No inventory change, securities fee or different regulatory authority has accepted or disapproved the info contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that time period is outlined in the insurance policies of the TSX Venture Exchange), Nasdaq, nor another securities change or regulatory authority accepts duty for the adequacy or accuracy of this launch.
This information launch accommodates sure “forward-looking info” and “forward-looking statements” (collectively, “forward-looking info”) which can be based mostly on expectations, estimates and projections as at the date of this information launch. Certain statements in the digital presentation and panel dialogue concerning expectations in respect to Bitfarms’ future plans and targets of the Company are forward-looking info. Other forward-looking info contains, however shouldn’t be restricted to, info regarding: the intentions, plans and future actions of the Company, in addition to Bitfarms’ capability to efficiently mine digital forex, income rising as presently anticipated, the capability to profitably liquidate present and future digital forex stock, volatility of community issue and digital forex costs and the potential ensuing important detrimental affect on the Company’s operations, the development and operation of expanded blockchain infrastructure as presently deliberate, and the regulatory setting for cryptocurrency in the relevant jurisdictions.
Any statements that contain discussions with respect to predictions, expectations, beliefs, plans, projections, targets, assumptions, future occasions or efficiency (typically however not at all times utilizing phrases resembling “expects”, or “doesn’t anticipate”, “is anticipated”, “anticipates” or “doesn’t anticipate”, “plans”, “funds”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such phrases and phrases or stating that sure actions, occasions or outcomes “could” or “may”, “would”, “may” or “will” be taken to happen or be achieved) should not statements of historic reality and could also be forward-looking info and are supposed to establish forward-looking info.
This forward-looking info relies on assumptions and estimates of administration of the Company at the time they had been made, and includes recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency or achievements of the Company to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking info. Such elements embody, amongst others, dangers relating to: the international financial local weather; dilution; the Company’s restricted working historical past; future capital wants and uncertainty of extra financing; the aggressive nature of the trade; forex change dangers; the want for the Company to handle its deliberate progress and growth; the results of product improvement and want for continued expertise change; safety of proprietary rights; the impact of presidency regulation and compliance on the Company and the trade; community safety dangers; the capability of the Company to keep correctly working programs; reliance on key personnel; international financial and monetary market deterioration impeding entry to capital or rising the value of capital; and unstable securities markets impacting safety pricing unrelated to working efficiency. In addition, specific elements that might affect future outcomes of the enterprise of Bitfarms embody, however should not restricted to: the development and operation of blockchain infrastructure could not happen as presently deliberate, or at all; growth could not materialize as presently anticipated, or at all; the digital forex market; the capability to efficiently mine digital forex; income could not improve as presently anticipated, or at all; it might not be potential to profitably liquidate the present digital forex stock, or at all; a decline in digital forex costs could have a major detrimental affect on operations; a rise in community issue could have a major detrimental affect on operations; the volatility of digital forex costs; the anticipated progress and sustainability of hydroelectricity for the functions of cryptocurrency mining in the relevant jurisdictions, the capability to full present and future financings, any rules or legal guidelines that can stop Bitfarms from working its enterprise; historic costs of digital currencies and the capability to mine digital currencies that can be in line with historic costs; an incapability to predict and counteract the results of COVID-19 on the enterprise of the Company, together with however not restricted to the results of COVID-19 on the value of digital currencies, capital market situations, restriction on labour and worldwide journey and provide chains; and, the adoption or growth of any regulation or legislation that can stop Bitfarms from working its enterprise, or make it extra pricey to accomplish that. For additional info regarding these and different dangers and uncertainties, refer to the Company’s filings on www.SEDAR.com together with the annual info kind for the 12 months ended December 31, 2020, filed on April 7, 2021. The Company has additionally assumed that no important occasions happen exterior of Bitfarms’ regular course of enterprise. Although the Company has tried to establish necessary elements that might trigger precise outcomes to differ materially from these expressed in forward-looking statements, there could also be different elements that trigger outcomes not to be as anticipated, estimated or supposed. There could be no assurance that such statements will show to be correct as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on any forward-looking info. The Company undertakes no obligation to revise or replace any forward-looking info apart from as required by legislation.
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Source: Bitfarms Ltd.