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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 > HUT 8 Hodles 4724 BTC, BITF Only Hodles 2312 BTC - HUT Wins!
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Comment by BrITeChOIceswiNon Oct 05, 2021 7:49pm
81 Views
Post# 33971603

RE:RE:RE:RE:HUT 8 Hodles 4724 BTC, BITF Only Hodles 2312 BTC - HUT Wins!

RE:RE:RE:RE:HUT 8 Hodles 4724 BTC, BITF Only Hodles 2312 BTC - HUT Wins!
KLockett wrote: Keep in mond As they all mine more that percentage decreases. They hold 2000 more than bitf. We mine 10.1 per day and they mine 8.8. In a year we are young our hash rate more than hut as well. It won't be double for long. 


HUT mined 9.11/day in Sept - only one BTC less!   At that rate it would take BITF 5yrs to catch up.  Yes I know BITF is increasing their hashrate - so is HUT!  And thus HUT will always be a better play than BITF during this BTC bull run.

Watch and learn and remember not to wallow in your losses for too long here.

All the best.
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