Bitcoin Miners’ February Production Fell on Shorter Month, Winter Storm

Recently, Argo and privately held Gem Mining both said the curtailing of operations to support community needs for extra power lowered their production in February, among other reasons. Meanwhile, seasonal energy curtailment programs in Quebec, Canada, also hampered the monthly bitcoin production for Canadian miner Bitfarms (BITF). “As planned, seasonal energy curtailment programs at our farms in Quebec affected production in February, but to a lesser extent than in January,” said CEO of Bitfarms, Emiliano Grodzki, in a statement.

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