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🚨Bitfarms Shifts From Bitcoin Mining to AI & HPC - A Major Strategy Pivot
CoinGabbar
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2 days ago
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#crypto
#bitcoinminingrevenue
#gpu
#washington
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Bitfarms has announced a full exit from Bitcoin mining by 2026–27, redirecting its operations toward AI and high-performance computing (HPC).
Shares fell 18% after revealing a $46M Q3 loss, while its 18 MW Washington site is set to fully transition to AI/HPC by December 2026.
The company believes GPU-as-a-Service could outperform its historic Bitcoin mining revenue. ✨
👉🏻Read more, Visit - https://www.coingabbar.com/en/crypto-currency-news/bitfarms-shares-crash-as-firm-plans-exit-bitcoin-mining-by-2027
#CoinGabbar #Crypto #BitcoinMiningRevenue #GPU #Washington #Bitfarms #CryptoNews #updates #news #CryptoMarket
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00:00
bitfarms leaves bitcoin mining for ai and hpc bitfarms will exit bitcoin mining by 2026 to
00:09
2027 and focus on ai and hpc shares dropped 18 percent after the announcement q3 net loss was
00:16
46 million dollars the 18 megawatts washington facility will fully convert to ai and hpc by
00:22
december 2026 the ceo expects gpu as a service could generate higher revenue than historical
00:28
bitcoin mining
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