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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 AlphaJon May 07, 2021 3:37pm
114 Views
Post# 33154338

RE:RE:BITF should break $8, very strong

RE:RE:BITF should break $8, very strongYea this consolidation period is hella annoying. Gives me minute anxiety. But we are ahead of the S2F model. Should start seeing price rises by summer( worse case scenario). Not sure if we'll crack 60k in the next couple weeks but hey. Even if we go down. Possibly by the time we list, if the bull market resumes, we'll get a massive pump!!!.
ottov77 wrote: If over the weekend BITC manages to push through or flirt with 60k resistance then all bets off and hard to say how much this could take off next week with a confluence of catalyst here. GLTA.


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