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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...
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.
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TSX:BITF - Post Discussion
Bitfarms Ltd
> Bitfarms sold almost all there bitcoin that’s why sp low
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keithvictoria41
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Post by
keithvictoria41
on Aug 26, 2022 1:12pm
Bitfarms sold almost all there bitcoin that’s why sp low
They don't have much bitcoin
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Bludstan
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Comment by
Bludstan
on Aug 26, 2022 9:48pm
If you've been here a long time you know how much BS this guy regurgitates. Bitfarms sold about half their holdings (3349 BTC for 67.5 million) in late June. SINCE them, they were mining about 14 BTC a day around the time they sold, but they're up to 17 a day now, so they've added over a 1000 new BTC, which is about a 30% increase from their post-sale holdings. Not saying
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RevT79
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Comment by
RevT79
on Aug 26, 2022 11:08pm
Lol! So why did we drop from 3$ to 1.74.... it's prety f uck d!!!!
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