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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Bullboard - Stock Discussion Forum 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... see more

TSX:BITF - Post Discussion

Bitfarms Ltd > Good day for Bitfarm
View:
Post by scarri101 on Dec 21, 2020 11:37am

Good day for Bitfarm

Catching up to HIVE... BTC moving Hiiiigher !!!
Comment by Rustyred24 on Dec 21, 2020 1:19pm
I don't how these companies make money can someone explain to me what this company is about
Comment by MrAcc0untant on Dec 21, 2020 4:33pm
They mine Bitcoin, like how Gold miners mine gold. Bitcoin is in a bull run right now and is trading at around 22-23K USD as of now. People expect Bitcoin to reach atleast 50k USD soon, hence the run up. Bitfarms is one of the biggest Bitcoin miner in North America. All their revenue comes from selling the Bitcoin that they mine. I hope you have some idea about Bitcoin, If you don't then I ...more  
Comment by scarri101 on Dec 21, 2020 5:32pm
you really answered !! to funny . agree BTC to 50 k and bitfarm to 10$$
Comment by MrAcc0untant on Dec 22, 2020 12:38pm
Hahah, no question is a bad question 
Comment by VENMan on Dec 21, 2020 7:04pm
I like to ask the following question before I buy a Bitcoin Company. Hypothetically, how many Bitcoin (that the company holds) would it have to sell to pay off Total Liabilities?  The smaller the number of bitcoins a company has to sell to pay off all Liabilities the better. All IMO! GLTA! 
Bitfarms Ltd
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