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 > Bitcoin vs. BTC miner stocks

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Post by zoevans1on Apr 26, 2022 3:57pm

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Post# 34633473

Bitcoin vs. BTC miner stocks

Bitcoin vs. BTC miner stocks: Bitfarms mining chief explains key differences

Direct BTC purchases and Bitcoin mining stock investments are two “fundamentally different” investment strategies to suit different people and interests, Ben Gagnon says.

https://cointelegraph.com/news/bitcoin-vs-btc-miner-stocks-bitfarms-mining-chief-explains-key-differences

Bitfarms is one of the world’s largest public Bitcoin miners, producing 363 BTC ($14.7 million) in March 2022. Apart from being a major BTC miner, Bitfarms also made its first-ever Bitcoin purchase in January, buying 1,000 BTC

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