Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

<< Previous
Bullboard Posts
Next >>
Post by Invest4Life2016on Nov 11, 2021 11:32am
167 Views
Post# 34115112

wow bitf mined 41% more bitcoin than hut in october

wow bitf mined 41% more bitcoin than hut in october
hut didnt mention how many bitcoin they mined in october. instead they mentioned how many bitcoin they mined in 41 days. a little math will clarify that though,

from todays news release
As of September 30, 2021, the Company had a total Bitcoin balance of 4,729 and as of
November 10, 2021 is approximately 5,053 Bitcoin

in 41 days they mined 324 bitcoin which equals 7.9 bitcoin per day
so in october they mined 245 bitcoin.

mined bitcoin in october
riot 464 bitcoin = 90%more than hut
mara 418 bitcoin = 72% more than hut
bitf 343 bitcoin = 41% more than hut
hut 245 bitcoin = hut is not keeping up

conclusion is that bitf is hugely undervalued
<< Previous
Bullboard Posts
Next >>