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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 AlphaJon Oct 06, 2021 11:39am
108 Views
Post# 33973570

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

RE:HUT 8 Hodles 4724 BTC, BITF Only Hodles 2312 BTC - HUT Wins!
hut has the highest cost per coin in North America out of the big 5. Lowest margins. It may take bitf time to catch up in hodl. But they have a better more efficient operation and high grossing business.
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