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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

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Post by keithvictoria41on Jun 12, 2023 9:31am
115 Views
Post# 35491294

EH/s was suppose to be at 8 by now last Dec way behind

EH/s was suppose to be at 8 by now last Dec way behind Bitfarns sayd awhile back that they would be at 8 EH by last Dec and didn't come close to what they were saying let a bunch of investors down . They also just spent a lot of coin/ money on memes miners so they in the hole again they will have to climb out of of another 2-3 earnings reports before they are positive cash flow 
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