CEO of Bitcoin Miner 'Bitfarms' Resigns, COO Takes Over: Stock Down 92% This Year
Founded in 2017, Bitfarms is a global Bitcoin self-mining company, running vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services.
- Emiliano Grodzki, Cofounder and CEO of publicly traded Canadian bitcoin miner Bitfarms, has resigned. The company's President and COO Geoffrey Morphy has been promoted as his replacement.
- Grodzki will remain as a director. Cofounder Nicolas Bonta will move from executive chairman to chairman of the board.
