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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

Comment by FirstClasson Feb 24, 2023 10:32am
193 Views
Post# 35303260

RE:RE:BUY THE LOWS ! SELL THE HIGHS ! NO BIG SECRET WITH BITF !

RE:RE:BUY THE LOWS ! SELL THE HIGHS ! NO BIG SECRET WITH BITF !I AGREE ,  LOL ,  TRULY .

These messages are a bit redundant , identical, copied pasted from previous ones.  A more elaborate opinion would be welcome, currently it looks more like a slogan. 

Bitfarms is actually beaten down like every other BTC miner because of the FED economic plan and consumer sentiment, most of the market is affected by this.  It will recover one day or another and I think that we are well positionned considering our low debt and the fact that we are among those who mine the most BTC/ month, good income with improving margins. 

Sadly we have to be ready for a difficult month to come, maybe two and I agree with you that it's an opportunity to buy it cheap, proportionnally we fell less than HUT and are in a stronger situation.  Keep your head up and be patient. Positively, as a wise man once said, the important thing when you're navigating the sh... is not to open your mouth too much and to stay on course
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