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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 > Audited report released yesterday
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Comment by remyken1509on Apr 14, 2021 11:07am
182 Views
Post# 32992636

RE:Audited report released yesterday

RE:Audited report released yesterdayCorrectum:

"The Company did not have any cryptocurrency on hand as at December 31, 2020 or December 31, 2019."

Didn't Management in their last PR stated they had 500 bitcoins in inventory by the end of the 4th quarter?
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