Bitfarms Ltd T.BITF

Alternate Symbol(s): BITF

Technology Software - Application

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.

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Comment by AlphaJon May 21, 2021 11:28pm

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Post# 33253311

RE:RE:RE:Hmmm

I've made alot of money over the last 2 years and lost a house worth in the last month. Im not sticking around to lose more. Even with nasdaq, won't see much of a pump if crypto in free falling. Technical bearish patterns on the charts( under 200sma) plus, a lot of negative narratives around crypto is forming. Im risky but its best to not get too greedy and risk holding the bag. If crypto can settle and shake off the negative news cycle. Im sure there will be plentyof opportunities. Best to sit out for now and play it safe. I got a mix of reits and im living of the dividends. Life is good!