# Bitfarms Mined 339 Bitcoin in November as Network Difficulty Increased

By [jiaze](https://paragraph.com/@grapeprotocol) · 2021-12-01

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Bitcoin 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 company [reported Wednesday having mined](https://www.globenewswire.com/news-release/2021/12/01/2343946/0/en/Bitfarms-Mined-over-3-000-Bitcoin-in-2021-through-November.html) 3,089 BTC in the first 11 months of the year.
    
*   Bitfarms said it was able to maintain production levels due to the delivery and installation of mining equipment, driving a 16% increase in the [hashrate](https://www.coindesk.com/tech/2021/02/05/what-does-hashrate-mean-and-why-does-it-matter/) to 2.1 exahash per second (EH/s), [attaining the target it set](https://www.coindesk.com/business/2021/11/01/bitfarms-hits-record-high-hashrate-in-october-and-forecasts-additional-growth/) for the month after reaching 1.8 EH/s in October.
    
*   By reaching a hashrate of 2 EH/s in mid-November, Bitfarms had [doubled its mining power](https://www.coindesk.com/business/2021/11/15/bitfarms-doubles-hash-rate-to-more-than-2-exahash-per-second/) in the last eight months.
    
*   During November, the firm received 400 MicroBT M30S miners and 3,588 Bitmain S19j Pro miners, with a further 702 of the latter scheduled for delivery in the first half of December.
    
*   “Even with an increase in network difficulty, our BTC production level held steady in November,” CEO Emiliano Grodzki said in a statement.

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*Originally published on [jiaze](https://paragraph.com/@grapeprotocol/bitfarms-mined-339-bitcoin-in-november-as-network-difficulty-increased)*