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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

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

Comment by Barrheadon Feb 11, 2021 2:40pm
120 Views
Post# 32542950

RE:Makes absolutely no freakin sense

RE:Makes absolutely no freakin senseJust have to wait a week or so whilst our neighbours and 'friends' are finished unloading the ~23 million for a profit even as low as for the newest shares at $3.46 Cdn and issued warrants at $3.82 Cdn (3.01 US).  Volume so far today is ~3.5 million shares, so at this rate probably as early as next Friday we should be as green as grass. 
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