Crypto Miner Bitfarms Says CEO Grodzki Resigned
- Bitfarms is one of the earliest public crypto-mining company
- The crypto miner sold a chunk of its Bitcoin reserves in June
Emiliano Grodzki
Photographer: Christinne Muschi/BloombergThis article is for subscribers only.
Crypto miner Bitfarms Ltd. said Chief Executive Officer Emiliano Grodzki has resigned and will be succeeded by current Chief Operating Officer Geoffrey Morphy.
The Toronto-based miner is one of the first public companies that started using specialized computers to secure the Bitcoin network and earn rewards in the digital asset. It is among the largest miners with 182-megawatt operating capacity and has mining facilities in the US, Canada, Argentina and Paraguay.