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 > BITF Comparison To RIOT

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Comment by krightg9boon Feb 07, 2021 9:18am

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Post# 32495179

RE:BITF Comparison To RIOT

You are right that BITF is undervalued and chances that being on NASDAQ would help adjust the comparaison of apples to apples. Right now, BITF/RIOT ratio is 1 to 6 which. I imagine BITF Executives are aware of it and are working specifically on this initiative to close the gap anywhere between 3.84 and 23.00, but hopefully closer to 23.00 than 3.84.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?