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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 > Bitfarms: Recent Purchase Could Potentially Generate Signifi
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Comment by B4UInveston Mar 08, 2021 1:10pm
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Post# 32744081

RE:Bitfarms: Recent Purchase Could Potentially Generate Signifi

RE:Bitfarms: Recent Purchase Could Potentially Generate Signifi
Bitfarms is already generating significant cash flow, $7500 CAD cost per mined Bitcoin x 9 bitcoins mined per day @ aprrox $66000 CAD current Bitcoin price = $526,000 CAD per day profit
Wait until their financials come out
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