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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 masfortunaon Dec 10, 2023 5:53pm
203 Views
Post# 35777071

RE:- ahem - BTC touching 45

RE:- ahem - BTC touching 45And what do you call this then? The buying took place across the sector because of the ETF approval getting closer. The grayscale etf has been delayed nw unti late January adding 3 weeks of possible buying. So therefore btc may slow down until after Christmas.  Also BITF has ran more than any other miner over the last 4 weeks.  It's due for a down day which is a good thing if you believe in the need to reset rsi and mdad.
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