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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 bullFireon Apr 30, 2021 9:16am
65 Views
Post# 33100075

RE:RE:RE:RE:RE:RE:RE:RE:cooking

RE:RE:RE:RE:RE:RE:RE:RE:cookingWe all know construction is always ontime? open eneded early 2022? this bsacially means 2023. Especailly in South America. You ain't getting sh!t done until you pay off a few folks.

""Bitfarms is in advanced contractual discussions with a construction company experienced in utility-grade electrical infrastructure and civil construction to design and build the electrical inter-connection, the high-voltage electrical lines, and transformers needed for our operations. We are working on finalizing an engineering procure""ment and construction contract with the aim of mining Bitcoin in early 2022 at the new facility.

Smoke and Mirrors?
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