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

Bullboard Posts

Comment by countalphamomoon Nov 27, 2019 3:29pm

80 Views

Post# 30399396

RE:RE:This should be screaming

Haing a good earnings report is nice but everyone is focused on the price of Bitcoin. If BTC goes up then the miners will go up. If BTC goes down the miners will go down.

Earnings are secondary.

The good news is that over the next 12 months BTC is going UP, UP, and UP.

Lurker01 wrote: Can't believe a stock down 43% for the month reporting great earnings and cheap relative to its peers is only trading at 0.70. Hoping for a big move towards the close.

Bullboard Posts

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