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 > Still accumulating

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Comment by LetsRoll10on May 16, 2021 11:23am

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Post# 33211293

RE:RE:Still accumulating

Should be an exciting two weeks for Bitfarms even with Elon's tweet. In a weird way he helps Bitfarms as putting a focus on clean Farming for Bitcoin, short term pain though with Bitcoin price.
This will be beneficial for Bitfarms being a clean energy farming and with Nasdaq listing date to be scheduled right away. It's exciting times, Bitfarms is still undervalued and it's still a great time to acquire and certainly hold. Insane to be selling with an announcement coming any day the Nas listing date.

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