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.

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Bitfarms Ltd > Cyrpto is banned in China because gov makes no money

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Comment by ggrelletteon Apr 21, 2022 2:40pm

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Post# 34621312

RE:Cyrpto is banned in China because gov makes no money

Lets be very clear here. Bitcoin is a transfer of money that has ZERO intrinsic value. Is the service needed????????? Well it was created to hide cartel money. China controls the banks so your statement and thinking is incorrect. Keep on pumping..................

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