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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Bitfarms Ltd > Hmmm

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Comment by AlphaJon May 22, 2021 12:17am

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Post# 33253356

RE:RE:RE:RE:RE:Hmmm

I'll add two more things im personally looking out for. 1. US ETF 2. NYDIG custodial service launch. Those would be huge turn around news catalysts.

AlphaJ wrote: To add, I dont think the quarterly or the naadaq date announcement will have any significant effect of the price.. maybe 10-30% at best or nothing.....but naadaq listing could have a major effect. To that note. When the date in announced, we should have 1-2 weeks of notice prior to enter positions. So there's no reason to hold through. Its stocks, we can trade these in and out within minutes. IMO. Glta.
AlphaJ wrote: 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!
HarfanddesNeiges wrote:
Not the good time to sold. Nest week NASDAQ and BITF to Report first quarter 2021 Financial Results. GLTA