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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 > Bitfarms Reports Fourth Quarter and Full Year 2022 Results
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Comment by no1for2on Mar 21, 2023 10:08am
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Post# 35350992

RE:RE:Bitfarms Reports Fourth Quarter and Full Year 2022 Results

RE:RE:Bitfarms Reports Fourth Quarter and Full Year 2022 ResultsThis is a normal evolution of the cost of production considering the increasing difficulty, the cost of the necessary equipment and energy. Nothing is completely free. BITF is among the most cost efficient miners.
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