Bitfarms Ltd T.BITF

Alternate Symbol(s): BITF

Financial Services Cryptocurrency

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 > We will have mined more than 1000 BTC in Q3 ;)

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Comment by HaulJockeyon Sep 22, 2021 7:48pm

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Post# 33903028

RE:We will have mined more than 1000 BTC in Q3 ;)

I read somewhere there are only about 2 million BITC left to mine out there, is that true?

NBaker wrote:
If my calculations are correct currently 944 BTC mined in Q3 with 10 days left.

=> Almost safe to say we can be sure we will have mined more than 1000 BTC in Q3 ;)