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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 Argyrocatharsison Mar 18, 2021 10:20am
167 Views
Post# 32825219

RE:Bitfarm staged to climb with breakout at 58k Bitcoin

RE:Bitfarm staged to climb with breakout at 58k Bitcoin
robvc wrote: Resistance is strong at 58k USD. If it can hold a sustained price above we ar off to 62k then 70k.
Bitfarm will have significant upide going into the $8.00 to $9.00 range easily at 70k range. Keeps testing but not there yet.



If we can't blow past our ath with BTC at ~ 70k, we got a problem
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