Bitfarms orders 35,888 Bitmain T21 mining machines

Bitcoin mining company Bitfarms has announced that it has ordered 35,888 Bitmain T21 mining machines at a price of $2,660 per unit. The expected delivery time is from March to May 2024. After installation and operation, it is expected to increase the company's operating capacity by 63% to 391 MW and improve the mining machine efficiency by 34% to 23w/TH. The company stated that with the recent financing announcement, Bitfarms will have enough liquidity to fulfill the purchase obligation of this order. At the same time, Bitfarms has obtained the option to purchase an additional 28,000 Bitmain T21 mining machines.