Bitfarms Mined 339 Bitcoin in November as Network Difficulty Increased

Bitfarms Mined 339 Bitcoin in November as Network Difficulty Increased
Mining company Bitfarms said it mined 339 bitcoins in November, down from 343 in October, as network difficult increased.The Nasdaq and Toronto Stock Exchange-listed firm reported Wednesday having mined 3,089 BTC in the first 11 months of the year.Bitfarm said it was able to maintain production levels due to the delivery and installation of mining equipment, driving a 16% increase in the hashrate to 2.1 exahash per second, attaining the target it set for the month after reaching 1.8 EH/s in October.By reaching a hashrate of 2 EH/s in mid-November, Bitmain had doubled its mining power in the last eight…