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

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Post by krightg9boon Feb 17, 2021 8:20am

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Post# 32582603

BITF at 5.0 at 8:17 am on premarket

Considering BTC above 51 000, we could easily reach 5.50 today.

Keep also in mind that when BITF will be traded on US market, its US comparable is RIOT that trades more than 10 times BITF for roughly the same output capacity. BITF will then become a 10 bagger on the top of recent gains. GLTA

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