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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

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Post by KLocketton Oct 05, 2021 6:11pm
156 Views
Post# 33971323

Bitf

BitfPeople can pop pop bitf but we are going threw a atm right now. We are also expecting a significant amount of miners that were paid for. They had 39 million in cash as well. They used their hash rate from 1.42 to 1.6 which is active. When the atm is over this jumps hard. We on paper are worth roughly half of Hut based off of bitcoin holdings. As bitf and others continue we will not be at half of hut. In fact in a year or so we will have 1300 less. That's based off of mining 2-4 more bitcoins per day than say Hut. Don't be suprised if a huge bombshell comes out of this atm using our hash rate faster and more. This should be around 11 atleast fair market value to Mara. Hell we are at 5 and they are at something like 36. We mined more than even Mara until July. For the year I think it goes Mara, riot, bitf, hut. And we aren't far behind. I like this play but more importantly any play of bitcoin goes bananas. So which one is best is really only based off of when you buy in and how much percentage gain you have made. Maybe buying Dmgi would net you more in a year than Hut? Easier to double. I like bitf to gain the most.
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