Generating Cash From Mining Operations slide image

Generating Cash From Mining Operations

INVESTMENT HIGHLIGHTS • Growing hashrate faster than the Network Till Huge Market Opportunity . Growth investing in an industry that has historically boasted some of the world's fastest returns on investment Q000 Decentralized Self-Miner • Scale and Expertise Vertically Integrated Efficient Producer Entrepreneurial team Reducing disruption risk with geographic diversification Broader international footprint allows for lower cost expansion options ⚫ Developing and operating 10 farms in 5 years increases knowhow and expertise Powering ~2% of the Bitcoin Network makes us one of the largest global players • • Increasing speed of development with wholly-owned electrical engineering subsidiary • Reducing downtime with authorized in-house repair labs Established footprint to expand in markets with excess stranded electricity production . • Among the most efficient mining operations globally Producing BTC at $9,400 avg. direct cost in Q3 2022 • Securing long-term, consistently low-cost energy contracts Agile and multidisciplinary team of experienced professionals leveraging deep background in data centers, technology and infrastructure, financing and business growth Bitfarms 14
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