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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 AlphaJon Apr 13, 2021 11:18pm
145 Views
Post# 32990700

RE:RE:RE:RE:RE:RE:RE:RE:RE:$60K BYC

RE:RE:RE:RE:RE:RE:RE:RE:RE:$60K BYCThis is why bitf hasn't turned a profit. To busy spending money and growing twice hives rate. In 6 months, bitf will be so big, hive won't even be on bitfs level. Growth costs money idiot.
AlphaJ wrote:
are you serious? They have 5 facilities that they own, the largest mining infrastructure in North america. With the highest optimized software and data analytics systems of any other miner, developed in-house, all proprietary! They did all that in !!!THREE!!! years!!! without diluting shares or borrowing debt. You think all that infrastructure and computer engineering is free? Are you on crack cocaine? Let's look at hive, 8 years later and they still issued another 15 million shares in january to dilute the already over diluted share count. And another 15 million more share option for global investors. Thats another 10% share dilution for this big "money maker" miner hive lol. Makes tons of sense!!!! And bitf still hodled 500 btc with 4 years. Is your craxk dose so high you can't see the rate of growth? Bitf is literally growing double hives rate. Before the year is over, bitf will pass hive. And if eth 2.0 get released. Well then hive is done, back to the 1 dollar share price. Good luck with that!!!!


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