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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 > Took a haircut today
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Post by zenith9on Jan 11, 2021 1:02pm
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Post# 32267818

Took a haircut today

Took a haircut todayOh boy is it difficult to liquidate a position in BITF with the float so tight. Managed to break free with a haircut but will live to fight another day. Gonna wait to see how bitcoin plays out but it's looking weak to say the least. For those who bought today, you have balls of steel. May you be rewarded handsomely if it plays in your favour. For your sake I hope it does. Good luck and god speed!
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