Bitfarms Appoints Former AWS Executive Wayne Duso to Board of Directors

Core Viewpoint - Bitfarms Ltd. has appointed Wayne Duso to its Board of Directors, which now consists of seven members, six of whom are independent, marking a strategic move to enhance its capabilities in the HPC/AI sector [1][5]. Company Overview - Bitfarms is a North American energy and digital infrastructure company focused on building and operating data centers and energy infrastructure for high-performance computing and Bitcoin mining [6][7]. - The company has a robust energy pipeline of 1.3 GW, with over 80% of this capacity based in the U.S., strategically located in areas with strong access to power and fiber infrastructure [6]. Appointment of Wayne Duso - Wayne Duso brings over 25 years of experience in enterprise technologies, particularly in cloud storage systems for large-scale data centers, which is crucial for managing data for AI training and hybrid cloud environments [2][3]. - Duso's previous role at Amazon Web Services involved scaling operations significantly, launching multiple unicorn businesses, and achieving over $1 billion in annual recurring revenue [3]. - His educational background includes a B.S. in Computer Science and an M.S. in Systems Engineering, along with executive education from prestigious institutions [4]. Strategic Importance - The appointment of Duso is seen as timely for Bitfarms as it aims to accelerate its HPC/AI business development across North America [5]. - Duso expressed enthusiasm about joining Bitfarms, highlighting the company's strategic pivot towards HPC/AI and its substantial energy capacity, which aligns with the needs of hyperscalers [5].