RE:Thoughts on Bitfarms vs Hut 8?Bought a bunch of BITF this morning - still holding HUT as well. HUT has had a really nice October run alongside Bitcoin. It's not difficult to notice that BITF has traded pretty much sideways in that same time frame. The icing on the cake for me was their October Bitcoin production and their current hash of 1.9 EH/s which will be 3 EH/s by March. By year end they'll have 8 EH/s pretty much tied with RIOT's year end goal. I've given them a hard time for awhile now - that's over since they're really nailing their hash rate targets and expansions on time. Their upcoming quarterly financials will be better than HUTs - which means BITF is very undervalued.
Only downside is that they'll need to raise a bunch of funds in the near future. Nobody likes dilution, however HUT raised $175 million in 2 days and the sp recovered very nicely as if it was just a little hiccup. Strong possibility the same happens to BITF.
All the best