Summary by Moomoo AI
Bitfarms Ltd., a leading company in Bitcoin data center operations, announced the appointment of Rachel Silverstein as the U.S. General Counsel, effective November 1, 2024. Silverstein, with over 16 years of legal experience and a focus on Bitcoin mining, is a co-founder of Firm 21m, which represents Bitcoin miners and related entities. Her previous roles include General Counsel at CleanSpark, Inc. and Corporate Counsel at Zappos. Bitfarms CEO Ben Gagnon expressed confidence that Silverstein's expertise will enhance operating efficiencies, corporate governance, and legal expense management, contributing to the company's growth and shareholder value in the U.S. Bitfarms, founded in 2017, operates 12 Bitcoin data centers with two under development across four countries, emphasizing environmentally friendly and sustainable energy use.