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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 Bludstanon Jun 19, 2024 1:46am
81 Views
Post# 36095379

RE:RE:Soon Bitcoin will be $60,000 and BITF will be $3.00

RE:RE:Soon Bitcoin will be $60,000 and BITF will be $3.00You're so right TM911, you're SOOO right.
Either 1) this is a person with no finance education whatsoever (or who did poorly if courses were indeed taken). University, but even IFIC or MFIC will teach you that the past doesn't guarantee the future. No one worth trusting in a position to provide reputable, responsible and ethical financial advice would ever say anything like that or should quickly be fired if they did. 2) or this IS a person with some economics background who has probably a short position and is trying to Gamestop the share price down so he doesn't lose his shirt on his play, however awkwardly he's going about it. If that's the case, it's a person of poor moral standing that's for sure. There's probably other scenarios, but those are the two most probable that come to mind at this late hour.

Like I said in my earlier post, armchair quarterbacks most of them. I only come her to get the links to McNally money anyways, which is pretty much the only person here (myself included) contributing valuable fact-based research and insight. 

Mho
B.

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