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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Comment by E17on Feb 20, 2021 2:01pm

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Post# 32619180

RE:RE:RE:RE:RE:RE:RE:RE:opinions

It is 2140:

https://www.investopedia.com/tech/what-happens-bitcoin-after-21-million-mined/

Transaction fees and other information:

https://www.blockchain.com/charts/transaction-fees-usd

How much do you think the 21 millionth bitcoin will be worth - kinda the same question as what would the last barrel of oil or last ounce of gold be worth? The current value of all bitcoin remaining to be mined is around $135bn, but this increases with the price of bitcoin. Transaction fees have also been moving up, and will continue to do so if there is increasing adoption and usage of bitcoin via transactions...

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