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BTC Miner Bitfarms' Energy Capacity Touches 21% in July

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Bitfarms' energy capacity increased to 21% in July from June 30. The Bitcoin miner's increase in energy capacity reached 166 megawatts following the firm's completion of the second construction phase at a location in Canada.

According to Bitfarms' monthly update, the total hash rate also increased by 5.6% to 3.8 exahash per second (EH/S); it plans to further increase the rate to 4 EH/s by the end of August 2022.

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