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 > Over Sold

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Comment by gcap1on Apr 20, 2021 12:46pm

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Post# 33029774

RE:RE:Over Sold

HarfanddesNeiges wrote: Looks like we are going up today. GLTA

still extremely overbought on the weekly chart ...never pay attention to the daily charts they do not tell the entire story ...only use daily charts to enter and exit positions IMO ....i see this hitting the 150 day MA which is around $3.00 right now and then maybe moving sideways for some time might get a summer run up back to $9.00 range

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