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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

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

Comment by AlphaJon Jun 22, 2021 10:11am
180 Views
Post# 33426655

RE:RE:If this is BTC Wykoff Accumulation

RE:RE:If this is BTC Wykoff AccumulationHave you seen the explosion is short positions? Whats more likely to happen is, as all the "smart" retailers build up these massive short positions using leverage. The people who win, the institutuions not the retailers, drive up the price in the next couple days creating a massive short sqeeze. You think institutions are going to let retailers make sh!t tons of money while they lose? This has happened EVERY bull run, the massive drop to the 61% fibonacci level (where we are right now) the massive short sqeeze and then a ridiculous pump that goes on  for months. What do you think is the likeliest scenario? retailers winning? i dont think so.

bufordpusser wrote: When are you going to stop the blantant lying? It's over friend, this is going down. You and guys like Max Keiser are going to pay dearly.


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