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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 LetsRoll10on Feb 19, 2021 3:17pm
170 Views
Post# 32612340

RE:I'm still here!

RE:I'm still here!

Certainly some profit taking in play but the mass demand for Bitcoin and efficient miners is the real deal.

Some-folks will be scared and do the weekly sell Friday with BITF.

I did my own analysis and my position is that Bitfarms is still a Buy Buy Buy.

Load up on the dips, take advantage of those that are scared of holding it into the weekend.

This thing has massive potential and all the right steps are in play.  

Demand is expected to surge next week for Bitcoin. 



 

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