Bitfarms Ltd T.BITF

Alternate Symbol(s): BITF

Financial Services Cryptocurrency

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.

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Bitfarms Ltd > I call B.S. on this Argentina story

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Comment by bullFireon Apr 19, 2021 4:07pm

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Post# 33023567

RE:I call B.S. on this Argentina story

The market calls B.S on it too. BITF blood bath today down 15%. ouch

bufordpusser wrote: Think about it, at 900 Bitcoins per day being mined, there are 2570.70 days left to mine the remaining 2,313,631.3 Bitcoins left to be mined. The clear winner in this mining game appears to be whoever can keep chugging along spitting out Bitcoins with digging into their bottom line for new mining machines and facilities.

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