The firm runs 12 Bitcoin mining centres, with two more being developed in four countries.
The company relies on hydroelectric power and long-term energy contracts for its operations.
FM
Publicly listed Wall Street Bitcoin (BTC) miner Bitfarms
Ltd. (NASDAQ: BITF) has appointed two consulting firms, Appleby Strategy Group
(ASG) and World Wide Technology (WWT), to assess the feasibility of integrating
high-performance computing (HPC) and artificial intelligence (AI) operations
into its infrastructure.
The consultants will evaluate all of Bitfarms' North
American sites and provide recommendations for its global HPC and AI strategy.
Bitfarms Hires Consultants for HPC/AI Strategy
Ben Gagnon, Bitfarms CEO, Source: LinkedIn
"Bitfarms is committed to maximizing the utility and
value of our 1.2 GW North American portfolio. ASG and WWT will draw upon their
substantial expertise to evaluate our sites for HPC/AI." Bitfarms CEO Ben
Gagnon commented.
In addition to the feasibility study, ASG and WWT will
develop sales and business expansion strategies for Bitfarms. They will also
assist in marketing the company’s facilities to potential customers looking for
data center solutions. The move comes as Bitcoin mining firms explore
diversification opportunities amid fluctuating market conditions and increasing
energy costs.
"Based on active discussions over the past several
months with potential HPC/AI partners and customers, we are confident that our
North American portfolio pipeline, particularly sites located on the PJM grid,
is strongly suited for HPC/AI," Gagnon added.
Bitfarms Operates 12 Bitcoin Data Centers
Founded in 2017, Bitfarms operates 12 Bitcoin data centers
and has two more under development. The company also has hosting agreements
with two additional facilities. Its operations span Canada, the United States,
Paraguay, and Argentina. Bitfarms maintains a vertically integrated structure,
managing its electrical engineering, installation services, and on-site
technical repair centers.
Focusing on Sustainable Energy, Generating Steady Revenue
Bitfarms states that it relies primarily on hydroelectric
power and long-term energy contracts to support its operations. The company
sees these contracts as a foundation for stable revenue.
"The contracts associated with HPC/AI customers provide
long-term, steady cash flows and earnings streams while our Bitcoin mining
operations will continue to monetize Bitcoin’s flexible upside potential,
creating a powerful and resilient portfolio that will generate long-term value
for our shareholders," Gagnon concluded.
Publicly listed Wall Street Bitcoin (BTC) miner Bitfarms
Ltd. (NASDAQ: BITF) has appointed two consulting firms, Appleby Strategy Group
(ASG) and World Wide Technology (WWT), to assess the feasibility of integrating
high-performance computing (HPC) and artificial intelligence (AI) operations
into its infrastructure.
The consultants will evaluate all of Bitfarms' North
American sites and provide recommendations for its global HPC and AI strategy.
Bitfarms Hires Consultants for HPC/AI Strategy
Ben Gagnon, Bitfarms CEO, Source: LinkedIn
"Bitfarms is committed to maximizing the utility and
value of our 1.2 GW North American portfolio. ASG and WWT will draw upon their
substantial expertise to evaluate our sites for HPC/AI." Bitfarms CEO Ben
Gagnon commented.
In addition to the feasibility study, ASG and WWT will
develop sales and business expansion strategies for Bitfarms. They will also
assist in marketing the company’s facilities to potential customers looking for
data center solutions. The move comes as Bitcoin mining firms explore
diversification opportunities amid fluctuating market conditions and increasing
energy costs.
"Based on active discussions over the past several
months with potential HPC/AI partners and customers, we are confident that our
North American portfolio pipeline, particularly sites located on the PJM grid,
is strongly suited for HPC/AI," Gagnon added.
Bitfarms Operates 12 Bitcoin Data Centers
Founded in 2017, Bitfarms operates 12 Bitcoin data centers
and has two more under development. The company also has hosting agreements
with two additional facilities. Its operations span Canada, the United States,
Paraguay, and Argentina. Bitfarms maintains a vertically integrated structure,
managing its electrical engineering, installation services, and on-site
technical repair centers.
Focusing on Sustainable Energy, Generating Steady Revenue
Bitfarms states that it relies primarily on hydroelectric
power and long-term energy contracts to support its operations. The company
sees these contracts as a foundation for stable revenue.
"The contracts associated with HPC/AI customers provide
long-term, steady cash flows and earnings streams while our Bitcoin mining
operations will continue to monetize Bitcoin’s flexible upside potential,
creating a powerful and resilient portfolio that will generate long-term value
for our shareholders," Gagnon concluded.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
