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Bitfarms Ltd 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.


TSX:BITF - Post by User

Bitfarms Ltd > If BTC 50K ceiling doesn't show more resistance than this...
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Post by krightg9boon Feb 17, 2021 5:14pm
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Post# 32588151

If BTC 50K ceiling doesn't show more resistance than this...

If BTC 50K ceiling doesn't show more resistance than this...The next ceiling will be 100K.  And if BITF succeeds at being on NASDAQ in the months to come, we difinitely have a 10 bagger here.  In addition, RIOT with the same capacity than BITF have 4B USD of MC while BITF have 400M CAD of MC, which is ball park 12 times BITF.  This gap will in my view be filled soon.  GLTA
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