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Generating Cash From Mining Operations slide image

Generating Cash From Mining Operations

BITFARMS - ONE OF THE LOWEST COST MINERS IN THE INDUSTRY Production Highlights . • 10 farms in production in 4 countries predominantly drawing hydro power . 182 MW representing 4.4 Exahash . . . Clear path to 188 MW representing 5.0 Exahash by year end Considerable future upside from Argentina Direct cost of mining of $9,400 per BTC 115.7 BTC per average Exahash in 10/2022 40.0 Joules/TH in Q3 . 12% improvement from Q3 2021 Bitfarms 8
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