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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 AlphaJon Apr 19, 2021 8:58pm
112 Views
Post# 33026796

RE:I call B.S. on this Argentina story

RE:I call B.S. on this Argentina storyWow, don't invest in miners if you dont understand mining. Lol. What an idiot!!!!!! Any time you post im just going to repost the idiocracy of this post. Lol
bufordpusser wrote: Think about it,  at 900 Bitcoins per day being mined, there are 2570.70 days left to mine the remaining 2,313,631.3 Bitcoins left to be mined. The clear winner in this mining game appears to be whoever can keep chugging along spitting out Bitcoins with digging into their bottom line for new mining machines and facilities.


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