Bitfarms said it was impacted by a decline in Bitcoin prices last year. The company is now five months into its pivot from Bitcoin mining to HPC and AI.
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Bitcoin was built with many of the qualities typically associated with a safe-haven asset: it is portable, censorship-resistant, and independent of traditional financial systems. In theory, those characteristics make a compelling case for BTC as a refuge in times of instability, particularly in a world facing geopolitical tensions, inflation risks, and growing uncertainty around legacy […]