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 > Nasdaq listing

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Comment by AlphaJon Jun 13, 2021 7:39pm

193 Views

Post# 33379895

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nasdaq listing

Technical guys expect a retest around 37k for support. Then if we bounce to break 40k, we could see a run. I don't really trust technical trading but Elon did say today, Tesla will except Bitcoin if the miners can prove at least 50% of the industry is renewable.

bidoux67 wrote: With BTC suddenly on a tear it looks like the miners will open pretty high tomorrow morning. I was in HUT then BITF and have been on the sidelines the last couple of weeks waiting for the right time to get back in. Looks like this week may be the right time?

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