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.

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Bitfarms Ltd > Bitfarms another $MARA and $RIOT (and much better!)

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Comment by auddstockson Mar 15, 2021 3:30pm

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Post# 32800639

RE:RE:RE:Bitfarms another $MARA and $RIOT (and much better!)

indeed they are powered by hydroelectricity that the local power companies in Quebec cannot export. they also look at hydro in south amercia, they mentionned an LOI being signed in a recent PR this year.

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