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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.


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Post by penaltykick03on Mar 12, 2021 10:00am
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Post# 32784475

Embracing the Cashless Economy

Embracing the Cashless EconomySponsored Post Let’s face it, traditional banks could be limiting. And especially during the health crisis, who’s even going to the bank anymore? Holding digital assets could unlock a massive chance. For more details, check this out.

As the use of digital wallets and electronic payment methods continues to move, technology companies could be debuting its decentralized wallet in second quarter of this year and could be deemed as the first serious threat to traditional banking options for money transfer and payments.
 
Crypto-currency makes it possible to create, send, and market digital representations of all forms of money: dollars, pesos, bitcoin, pretty much anything. It’s designed so all the world’s financial systems could work together on a single network. Check disclaimer on profile and landing page.

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