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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

Post by BrITeChOIceswiNon May 03, 2021 10:13pm
202 Views
Post# 33121118

NASDAQ Listing Is Going To Bring On The Shorts Big Time!

NASDAQ Listing Is Going To Bring On The Shorts Big Time!BITF is going to have to massively dilute to get the Argentina site going - so that's just a pipe dream for the very, very forward hashrate increase hype!  Hyped words are just that until proven so. Hyped exahash rate is just like the cannabis LPs hyping their huge growing facility expansions in 2017 - look at where they are now.  EMH acquired LOIs for 5 million sq ft growing facilities - their management claimed they could grow enough to supply 3/4 of the Canadian recreational market - bam!!!  From $1.50 to $9.70 and now they're sitting at .25 - I sold at $9  I warned that board at $9.00 to sell - even when it dropped as far as $2.  I had a few pm me to thank me for  providing straight unhyped facts and thus they bailed.  Made huge money off of the cannabis hype and have made decent gains in the crypto miners hype.  It's all about the real current fundamentals of the story after the hype settles down.  OGI and APH real fundamentals are still making me $$, while the once hyped are now disappearing into the abyss of broken dreams.. That's where the miners are at now.   Either get suckered into extremely looking forward hype of huge increased hashrates, AISC purchases, and power agreements - or make the bright choice?   

You can thank me later!
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