Investor Presentaiton
Decentralized
self-miner
Retaining greater rewards and
avoiding third party fees
Reducing disruption risk with
geographic diversification
Huge market
opportunity
Investing in growth and
increasing access to
growth capital
Powering ~1% of the
Bitcoin network
leaves room to grow
Scale and
expertise
Developing and operating
6 farms in 4 years increases
design and technical knowledge
Powering ~1% of the Bitcoin
network creates leverage in
mining pool
BITCOIN MINING PURE-PLAY
FOCUSED ON GROWING HASHRATE
Vertically
integrated
Increasing speed of development
with wholly-owned electrical
engineering subsidiary
Reducing downtime with
authorized in-house repair lab
.
Low-cost producer
Securing long-term,
low-cost energy contracts
Producing BTC at $6,900
avg. direct cost in Q3'21
Entrepreneurial
team
Leveraging deep background in data
centers, technology, financing and
business growth
Bitfarms
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