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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 > Anyone has info if miners like bitf R PART OF ETFS?
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Comment by Bludstanon Jan 11, 2024 3:21pm
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Post# 35822199

RE:Anyone has info if miners like bitf R PART OF ETFS?

RE:Anyone has info if miners like bitf R PART OF ETFS?No, BTC ETFs will not have any miners in them. These ETF will track the value of BTC. Miners will benefit (one would hope) because of the increased demand and accessibility that ETFs will bring to BTC, which should technically increase its value. 
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