Bitcoin mining company Bitfarms mined a total of 453 BTC in November, a year-on-year increase of 34%

ChainCatcher news, Bitcoin mining company Bitfarms mined a total of 453 bitcoins in November, a year-on-year increase of 34%, but a month-on-month decrease of 7%. The company averaged 15.1 BTC mined per day in November, down from an average of 15.7 BTC in October. Bitfarms stated that the decrease in production in November was mainly due to increased network difficulty and the shorter month.

According to a previous report by ChainCatcher, Bitfarms' second-quarter financial report showed a 5% quarter-on-quarter increase in revenue to $42 million, but a net loss of $142 million. Bitfarms mined a total of 1,257 bitcoins in the second quarter. (source link)