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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Technology Software - Application
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

Bitfarms Ltd > Bitcoin up 4000$ a coin today and we’re down ??
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Comment by Paray99on Feb 25, 2022 11:43am
99 Views
Post# 34461666

RE:Bitcoin up 4000$ a coin today and we’re down ??

RE:Bitcoin up 4000$ a coin today and we’re down ??

keithvictoria41 wrote: Why ?


You should know the answer if continuing as a crypto investor lol. Nobody trust Bitcoin will be valuable tomorrow. So it doesn't qualify as a risk hedge.... 
Just yesterday, Kitco's David Lin was asking the same stupid question... He is a crypto advocate for a while... but doesn't understand why Bitcoin is not going up when there is tensions in Europe and other assets are at risk! 

Tey to understand... apart from some quick action profits (could be huge loses too), Bitcoin will not give you any peace of mind as a risk asset.... but Gold will serve the purpose.... Everybody understands it!
 

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