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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.


TSX:BITF - Post by User

Bitfarms Ltd
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Post by AwareInvestoron Apr 26, 2021 7:50am
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Post# 33065278

Bitfarms To Expand Quebec Facilities By 79 MW By Year End

Bitfarms To Expand Quebec Facilities By 79 MW By Year End
Bitfarms Ltd this morning announced expanded expansion plans for its Quebec facilities. The expansion is part of an effort by the company to bring facilities online that focus on the use of renewable energy amid an ESG push by the sector.
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