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Bitfarms, a Nasdaq-listed bitcoin mining company, announced it started building what will be a mega bitcoin mining farm in Argentina last week. The company says The New Argentina Facility Bitfarms’ new production facility will be housed in four warehouse-style buildings inside the gates of a private power company. Bitfarms currently has 15 operating Bitcoin data centers situated in four countries: the United States, Canada, Argentina and Paraguay. Powered primarily by Toronto-based bitcoin miner Bitfarms has signed engineering, procurement, and construction contracts in Argentina to construct a new mining farm there. The company’s As previously announced in April 2025, the new facility is expected to add up to 210 megawatts (MW) of infrastructure capacity in 2025 at a contracted rate of US 2.2 cents Bitfarms’ new production facility will be housed in four warehouse-style buildings inside the gates of a private power company. In light of reduced demand in the rural Bitcoin mining company Bitfarms announced that it had signed engineering, procurement, and construction (EPC) contracts and begun the construction of a new farm in

Bitfarms Begins Construction of Massive 200+ MW Bitcoin Mining Farm in Argentina

Bitfarms, a Nasdaq-listed bitcoin mining company, announced it started building what will be a mega bitcoin mining farm in Argentina last week. This significant expansion underscores Bitfarms' commitment to growing its mining capacity and solidifying its position in the cryptocurrency industry. Powered primarily by Toronto-based bitcoin miner Bitfarms has signed engineering, procurement, and construction contracts in Argentina to construct a new mining farm there.

Bitfarms' New Argentina Facility: A Deep Dive

The New Argentina Facility: Bitfarms’ new production facility will be housed in four warehouse-style buildings inside the gates of a private power company. This strategic location ensures access to reliable and cost-effective power, crucial for successful bitcoin mining operations. Bitfarms currently has 15 operating Bitcoin data centers situated in four countries: the United States, Canada, Argentina and Paraguay.

Expanding Capacity: 210 MW of Infrastructure

The company’s As previously announced in April 2025, the new facility is expected to add up to 210 megawatts (MW) of infrastructure capacity in 2025 at a contracted rate of US 2.2 cents. This significant increase in capacity will substantially boost Bitfarms' overall hashrate and potential for bitcoin mining revenue. Bitfarms’ new production facility will be housed in four warehouse-style buildings inside the gates of a private power company.

Strategic Move: Low-Cost Power in Argentina

The decision to build this mega-farm in Argentina is driven by the availability of competitive power costs. The 2.2 cents per kWh rate allows Bitfarms to operate efficiently and maintain profitability even during periods of fluctuating bitcoin prices. In light of reduced demand in the rural Bitcoin mining company Bitfarms announced that it had signed engineering, procurement, and construction (EPC) contracts and begun the construction of a new farm in. This project demonstrates Bitfarms' proactive approach to securing low-cost energy sources and optimizing its mining operations for long-term success.

Stay tuned for further updates on the construction and development of Bitfarms' new Argentina facility.

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