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 > BITF has a Fantastic leverage compared to pure Bitcoin

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Comment by scarri101on Dec 22, 2020 11:36am

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Post# 32160920

RE:BITF has a Fantastic leverage compared to pure Bitcoin

krightg9bo wrote: BITF is like a gold mining company compared to pure gold. If gold goes up 1%, gold mining stock can go up as much as 10%. The way Bitcoin is bullish can make BITF to go to the stratosphere. GLTA

and only 88 million S/O ... 5$ short term

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