Bitfarms Ltd. announced production results for the month ended June 2022. The company mined 3.6 EH/s online as of June 30, 2022. 420 new BTC mined during June 2022, up 58% from June 2021. 14 BTC mined daily on average in June, equivalent to about USD 280,000 per day and approximately USD 8 million for the month based on a BTC price of USD 20,000 on June 30, 2022. 3,144 BTC in custody on June 30, 2022, representing a total value of approximately USD 63 million based on a BTC price of USD 20,000. BTC held in custody on June 30, 2022, reflects the sale of 3,352 BTC during June 2022. Completed building infrastructure in Rio Cuarto, Argentina. Secured USD 37 million in non-dilutive new equipment financing from NYDIG ABL LLC to support growth in Quebec. Installed and made operational 2,000 Whatsminer M30S at the Bunker increasing total hashrate 200 PH.