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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

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Post by zoevans1on Mar 10, 2022 2:36pm
171 Views
Post# 34503941

💎 Minting Bitcoin in Paraguay

💎 Minting Bitcoin in Paraguay
"2,000 used Bitcoin miners moved or are in transit to the company’s Paraguay farm where they are being efficiently redeployed to add an additional 100 PH/s"
This was reported by BITF a few days ago. This is the farm in Paraguay today

https://twitter.com/Bitfarms_io/status/1502002873441431558?s=20&t=bWTNfkxT6auyFnUh4FrvyA

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