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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

Post by DDayTTraderon Dec 03, 2021 11:53am
128 Views
Post# 34195165

Price drop today?

Price drop today?The price drop has noting to do with inflation, earnings reports or Omicron. Just look at the price of bitcoin as of 9:30 am. The slide is a mirror image of HUT, BITF HIVE and all the other miners. When Bitcoin slides, so does the share price. When it regains so do the share prices. Look no futher!


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