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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 auddstockson Oct 26, 2021 7:12am
109 Views
Post# 34048441

RE:RE:Bitfarms Mega-Mining Facility Raises Concerns Among Legislat

RE:RE:Bitfarms Mega-Mining Facility Raises Concerns Among Legislatthese guys just don't understand that when you set up shop in a community and use a huge amount of electricity, you need to have some level of government relations and show that your are sustainable. Otherwise you become a target. They ran into the same issue in Quebec, their stupid CEO was an untalented guy from Toronto. They have a small company mentality, trying to be discreet, cutting corners and they can't anticipate potential threats until they actually become threats, which by then is too late.
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