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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Bitfarms Ltd > Took a haircut today

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Comment by BasebaIIfuryon Jan 12, 2021 12:41am

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Post# 32273607

RE:RE:RE:Took a haircut today

you should be paying commission to Bac0n

zenith9 wrote: I allocated around quarter million to this. Big lottery ticket. Might try again if we see confirmation in BTC direction after Asian trading starts.

E17 wrote: May I ask what size position we are talking about? I have found BITF to be very liquid in the $10k market - certainly not true of most TSXV listings...

I personally think we have our new Institutional backers to thank for the support and liquidity today in the $1m size mkt.