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 > $4.50 on Monday??

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Comment by krightg9boon Feb 06, 2021 9:47am

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Post# 32492517

RE:RE:$4.50 on Monday??

I forgot to say, if from now on, BTC follows a progression similar to the one of the period between Mid Nov 2020 and Mid Jan 2021, we should be at around 93k USD by Mid May and 100K by Mid year, which is aligned with most experts prevision including Max Keiser who sees it at 220 k USD by year end. GLTA

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