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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 krightg9boon Feb 26, 2021 11:47am
116 Views
Post# 32671383

RE:RE:BITF Vs RIOT

RE:RE:BITF Vs RIOT
Argyrocatharsis wrote:
craaazy how undervalued we are,are canadian investors that ignorant? We better list on nasdaq/nyse ASAP , we can be taken over for pennies on the dollar ....waaayyyy tooo cheap here


Canadian are not crazy.  We just have a market that is 10 times smaller that in the US and demand vs supply command the value of a stock.  As soon as we get on the NASDAQ, US investors will sell RIOT for buying BITF because so cheap until the equilibrium is achieved which I believe is around 30$.  GLTA
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