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 > Where is the Bacon

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Comment by bullFireon Apr 18, 2021 9:51pm

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Post# 33020015

RE:RE:RE:RE:RE:RE:Where is the Bacon

The maket cap says otherwise. Shopify, yea I'm aware. I invested in it 5 years ago. Made me very wealthy. The difference was how unique and dominant it was in its specific industry. BITF is no unique company. People want to see profits. Coinbase is making literal boatloads of profit. You going to call them out dated and have a bad business model? Hive is unique it's different , little Bitcoin lots of ETH. Can shift when and if necessary. You literally cannot compare them. BITF is clearly struggling , will be very surprised if they see any new miners by beginning of 2023

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