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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 ratsnake220on Feb 21, 2021 3:44pm
152 Views
Post# 32622368

RE:RE:RE:RE:BTC above 58 000 USD = Tomorrow could be above 60 000 USD

RE:RE:RE:RE:BTC above 58 000 USD = Tomorrow could be above 60 000 USDOne of the basic worries about a econmic crash is that people know that Gov can liquidate your bank account....They cannot force you to see your stock and Bitcoin in theory becomes the legal tender....You cant trade gold on a barter system over the fence with your neighbour.....USA treasury must hate bitcoin....Gov stock up on gold as a hedge....Now they see corportations buying bitcoin....Democrats have nothing to do with this.....Republcians miss managed the last f4 years....Jerome Powell had to step in and its frankly getting worse...in 2007 at the start of mortgage crisis and collapse on wall street i tried to sell two properites i owned....which had run up 20% the year before....The realtor said i would need a cash buyer as their were no mortgage money....anywhere....and a private investor would take my real estatate not for a million dollars but $400,000.....in total.....I was devastated.....Allen Greenspan got it wrong.....Watch the Movie The Big Short....it was spot on....and yes the banks as we speak are packaging up C rated mortgagess with AAA s  and selling the paper to Pension funds overseas....The SAME THING THEY DID LEADING UP TO 2007 -2008 CRASH...Thats why i have 20% of my assets in Bitfarms.....
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