RE:RE:RE:RE:BitFarms Tweet2020 Fourth Quarter report here:
Microsoft Word - BITFARMS Q4 2020 News ReleaseMarch24 Highlighted the area of interest, 577 Bitcoin were mined in Q4 of 2020, and keep in mind.. that was when they were at 965 p/hs .. now they are at 1.2 e/hs.
Notice how I provide data and links to verify my statements?
Notice the people that don't? ... think about that
*puffs cigar*
-Bac0n
Fourth Quarter 2020 Highlights Revenues of $11.3 million; gross profit of $2.7 million (24% gross margin), operating income of $0.5 million (5% operating margin), and net loss of 5.4 million; Gross mining profit1 of $5.5 million (53% gross mining margin1 ); Negative EBITDA1 of $0.5 million (-4% EBITDA margin1 ), $3.6 million Adjusted EBITDA1 (31% Adjusted EBITDA margin1 );
Mined 577 Bitcoin with an average break-even2 Bitcoin price of approximately $7,500; 3,000 miners were received and installed during the quarter, adding approximately 218 PH/s.
Bac0n wrote: I blocked this guy too he adds nothing, just a child trying to troll.
hes also wrong, 489 BTC was end of march. not end of 2020. But of course he doesnt care about facts, most HIVE investors dont, if they did they wouldnt be invested in HIVE lol
This is the most excited I have been about BITF since I sold my HIVE and bought BITF back in Nov 2020, I find value. and invest in value. BITF has value and lots of potential. HIVE... just doesnt.
but do your own due diligence folks if you don't believe me!
*puffs cigar*
-Bac0n
AlphaJ wrote: Yea, a 4 year old company twice the size of hive, thats an 8 year old company. Mining with the lowest cost per bitcoin in the world is a joke. 1000 bitcoins by June is hilarious. And hives obsolete etheruem mining operation thats about to take a 80% revenue hit in 8 week is exactly where all of should be investing .....LMAO!!!!! I think alot of you are going to be apologetic when hindsight becomes 20/20. Time will tell
NumbNutss wrote: Lets recap, they had 489 BTC end of 2020, they now have 650 BTC 3.5 months later. That is 161 BTC in 3.5 months, or a hodl rate of 46 BTC per month?
Is this a joke? Those numbers are pathetic.