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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 BrITeChOIceswiNon Oct 25, 2021 4:51pm
96 Views
Post# 34047065

RE:Bitfarms Mega-Mining Facility Raises Concerns Among Legislat

RE:Bitfarms Mega-Mining Facility Raises Concerns Among LegislatDamn that's gotta hurt! NBaker should have bought HUT in August for a double now - instead of trolling the HUT board to spam BITF. Obviously that approach didn't work out too well. Looks like BITF is going to bleed tomorrow. Very bad news since they've been waiting for the sp to climb to announce a large financing - looks like they'll be raising money at $3/share now - yikes! Massive dilution coming!! Caveat emptor!
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