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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 ToothlessGrinon Mar 10, 2021 2:59pm
141 Views
Post# 32764680

RE:I Wonder

RE:I Wonderit will take a NAS listing IMO.
Calling a spade a spade, the TSXV or TSE won't do it. I think we see a bit of that on a day like today, where BTC is higher and we are not. We dont have enough new traders that can enter positions to get the moves. The retail trader on these 2 exchanges is just vastly different from the major US exchanges. Bit would be a 20 dollar stock if on NAS.
I have read a bit about takeovers etc in the past few days. In other sectors these tend to take place in stable to down markets, but when the valutions are out of whack, we might see a big entity take out a BITF or HUT just to get in. Think about getting BITF's production for even $US 10? The New CIPHER comes to mind, they have instituton backing, and Mining hardware purchases are being pushed out a year in advance?? Crazy times.
TG
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