Bitcoin Mining: Top Value Pick Bitfarms Executing On Hash Rate Share Capture

Industry participants are looking for Bitcoin's total network hash rate to double over the twelve months of 2022, reaching about 350 million TH/s.Bitfarms contracted for up to 210 MW of electricity at the cost per kilowatt-hour of $.022 for its new Cordoba, Argentina expansion.Costing about $50 million, the Argentina expansion will be capable of housing 55,000 miners with 5.5 EH/s of production.Bitfarms' primary equipment additions this year will be 48,000 Whatsminers from MicroBT. Expect deliveries of 4000 units per month, taking company hash rate to 8.0 EH/s at year-end.