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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 NumbNutsson Apr 14, 2021 3:26pm
89 Views
Post# 32994369

RE:Who said this year they have 500 bitcoin

RE:Who said this year they have 500 bitcoin There is conflicting statements everywhere with this company, there are documents saying they hodled 489 btc end of 2020 and documents saying they had zero btc on hand. Regardless of the number, its clear hodling is not apart of their strategy as they mined just over 3000 btc in 2020, so if 489 is all they have to show for it, that is NOT GOOD.
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