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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 > Feels to me
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Post by ToothlessGrinon Mar 08, 2021 2:59pm
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Post# 32744911

Feels to me

Feels to meLike buyers of stock in BITF/HUT want to hold off until Q4 results are posted. It will be a decent quarter but its Q1/21 that will be the blowout one IMO. That or just general lack of conviction with BTC holding here. We are flirting with 51K BTC and below volume on our horses. HIVE sold off after Q4. Maybe thats the time to go bargain hunting, and get positioned for the next run?
Just my thoughts.
TG
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