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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

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

Comment by scarri101on Feb 18, 2021 8:28am
118 Views
Post# 32593662

RE:Very good new today

RE:Very good new today
Crisis2007 wrote:

Bitfarms operational hashrate will increase 35% from 965 PH/s to 1.3 EH/s utilizing existing infrastructure.

1. Daily production of over nine (9) Bitcoins
( HUT 8 MINING 6.8 bitcoin per day. )

2. Daily Bitcoin production value over US$450,000 based on Bitcoin’s recent all time high of over US$50,000

3. Bitcoin Gross Mining Costs below US$7,000 per Bitcoin



FANTASTICS news !!!  THis should propel us towards 10-15$$

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