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According to a statement by Bitfarms, the Canadian Bitcoin mining firm has promoted its COO Geoffrey Morphy to the position of CEO. The promotion follows the resignation of former CEO Emiliano Grodzki- who will reportedly remain as a director in the company. Bitfarms co-founder Bonta will also move from executive chairman to chairman of the board. Bonta stated, "In a little over two years, Geoff helped transform Bitfarms from a purely Canadian company trading on the TSX Venture Exchange with five farms in Quebec to an international powerhouse traded on both the Nasdaq and TSX with 10 operating farms in four countries driving over 4.4 exahash/second (EH/s) today." https://www.coindesk.com/business/2022/12/29/bitcoin-miner-bitfarms-ceo-exits-coo-will-replace