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Bitfarms Ltd (NASDAQ:BITF) shares are trading higher. The company on Monday released a production and operations update for March. What Happened: Bitfarms said it mined 286 bitcoin in March, down from 300 bitcoin mined in February and down from 424 bitcoin mined in March 2023. The company also sold 284 bitcoin last month for total proceeds of $19.2 million. Bitfarms said it had 6.5 EH/s online as of March 31, up 35% on a year-over-year basis. The company is targeting 21 EH/s by the end of the year. Total bitcoin held increased to 806 in March. The company said it exercised its previously annou…

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