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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.


TSX:BITF - Post by User

Bitfarms Ltd > BITFARMS Q1 2021 REPORT
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Comment by RagingBull3on May 26, 2021 7:40pm
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Post# 33272965

RE:RE:RE:BITFARMS Q1 2021 REPORT

RE:RE:RE:BITFARMS Q1 2021 REPORTCan you give more info on the warrants?   What are they?

AlphaJ wrote: They more then triple their intrinsic value. Assets now at 164 million compared to 50 million previous quarter, that's crazy growth. The main reason for the loss was on warrants. It's not terrible bc it's not a constant expense right off. It's now accounted for and will not reoccur. The bueaty is 3x growth in 3 months!!! And a 80% gross margin is amazing. And that margin or revenue doesn'tt include the 548 BTC they hodled. But the cost to mine them is already accounted for. Think about that. On ward and upward !!!
LetsRoll10 wrote: Decent EBITDA, great growth plan and a positive Q1.   Large firms will be good, little guys may sell some as everyone wants a grand slam.  Overall positive report with an exciting achievable growth plan.  Meeting and exceeding targets.  Need Nasdaq for this thing to roll and get the exposure, they are also green miners look out for them..  GLTA




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Dealroom for high-potential pre-IPO opportunities