Cryptocurrency mining agency Bitfarms has appointed Ben
Gagnon as its Chief Govt Officer in a transfer the corporate mentioned marks a brand new
chapter because it seeks to develop and diversify its operations past Bitcoin
mining.
Gagnon, previously Chief Mining Officer, has reportedly
been a key participant in Bitfarms’ rise throughout the Bitcoin mining trade. With
his intensive expertise, he’s anticipated to steer the corporate in direction of new development
alternatives.
Bitfarms Targets New Alternatives
Below Gagnon’s management, Bitfarms plans to discover
new areas resembling vitality technology, warmth recycling, vitality buying and selling, and
high-performance computing for synthetic intelligence. Throughout his tenure because the Chief Mining Officer, Ben reportedly performed a major function within the
growth of Bitfarms’ development plan.
Expressing his enthusiasm in regards to the new function, Gagnon
emphasised the transformational nature of the previous yr for Bitfarms and
highlighted the strategic planning for the upcoming 2028 Bitcoin halving occasion
as a key focus.
“This has been a transformational yr for the
Firm, and I’m inspired in regards to the future as we start planning and
implementing methods for the 2028 halving occasion whereas concurrently
evaluating potential HPC/AI alternatives. As I look to the following 4 years and the Firm’s
strategic path, I’m inspired by the super potential forward and am
assured that we’ve got the suitable group in place to execute our goals,” Gagnon mentioned.
Rising By way of the Ranks
His profession at Bitfarms started in 2019 as Director of
Enterprise Growth. He rapidly rose by the ranks, taking over roles such
as Director of Mining Operations and Chief Mining Officer. Gagnon’s expertise spans
numerous points of mining technique, operations, and know-how integration.
Previous to Bitfarms, Gagnon based and operated two
Bitcoin mining corporations and held govt roles within the trade. He holds an
MSc. in Web Computing from Hong Kong College and a BSc. in Financial
Consulting and Worldwide Enterprise from Indiana College.
Since its launch in 2017, Bitfarms has grown to function 12 Bitcoin information facilities throughout 4 international locations, and two extra are underneath growth. The corporate is thought for its dedication to sustainability, utilizing
predominantly hydroelectric energy and long-term energy contracts to run its
operations.
This text was written by Jared Kirui at www.financemagnates.com.
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