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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

Post by keithvictoria41on Jan 05, 2024 2:43pm
176 Views
Post# 35812920

This stock use to be 9$ at one point

This stock use to be 9$ at one point There is reasons to be Mad when you owned it at 9$ went down to 1$ and took over 2 years to get back to 4$ and still chugging along slow and the ceo promised a hast rate of 9e/h  over a year ago and it's still far below that a year later .  Yes for some it's been a good year up 400% but for others it's still 300%  below what they have seen . And when you see bitfarns drop down 7% compared to bitcoin dropping at 1% doesn't really make any sense doesn't add up  . 
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