Bitfarms CEO Emiliano Grodzki Resigns Amid Industry Struggles
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Emiliano Grodzki has stepped down as CEO of leading Bitcoin mining firm Bitfarms, joining a long list of crypto executives who resigned from their positions amid the bear market this year.
The mining company named Geoffrey Morphy as its new CEO, promoting him from his role as president and chief operating officer (COO).
“Our foundational work over the last years built the strength and depth of skills we needed to navigate external factors. I’m even more optimistic today about Bitfarms’ long-term prospects than when I joined the company back in 2020.” – Morphy said.
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