Bitfarms Ltd BFARF

Primary Symbol: T.BITF Alternate Symbol(s): BITF

Technology Software - Application

Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The Company operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The Company also operates Miners about 24 hours a day producing computational power (measured by hashrate) which it sells to Mining Pools under a formula-driven rate commonly known as Full Pay Per Share (FPPS). The Company has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.

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Bitfarms Ltd

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Post by krightg9boon Feb 20, 2021 11:09am

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Post# 32618508

BITF's Miners supplier MicroBT to be IPOed shortly

This supplier with a long term relationship with BITF will go for US IPO shortly (time frame not specified) and will go parabolic like Canaan did. They are with Canaan and Ebang the third Miner manufacturer of China. Keep your eyes open. GLTA

https://technode.com/2021/01/13/mining-rigmaker-microbt-is-planning-a-us-ipo-report/

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