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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
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Post by zoevans1on Jun 01, 2023 9:17am
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Post# 35474514

🙌🏻 Excellent month for Bitfarms! Mines 459 BTC in May

🙌🏻 Excellent month for Bitfarms! Mines 459 BTC in May

“During May 2023, our increased visibility into deliveries and installations in Rio Cuarto, Argentina led us to accelerate our organic growth target of 6.0 EH/s from the end of Q4 2023 to the end of Q3 2023,” said Geoff Morphy, CEO of Bitfarms

https://investor.bitfarms.com/news-events/press-releases/detail/195/bitfarms-mines-459-btc-in-may

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