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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

Post by keithvictoria41on Mar 03, 2024 4:49am
182 Views
Post# 35911763

Anyone worried about the halving event ??

Anyone worried about the halving event ??Bitfarms produces 350 coins a month on average after halving it will be 175 coins a month is that going To be enough to keep bitfarns operational ?? Or profitable they say 21 e/h by end of 2024 don't hold your breath right that number down and see what it is in dec they said 11 by dec 2023 abd we're only at 6.5 right now still . 
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