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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Financial Services Cryptocurrency
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 bknghiemon Feb 29, 2024 2:32pm
167 Views
Post# 35907196

Bitcoin might have 1 last rally to 80k.

Bitcoin might have 1 last rally to 80k.The setup for all crytocurrency stock to go lower while bitcoin is maintaining in price suggest to me that bitcoin will have 1 last push to 80k.  That will be 100% from the 40k area that launch bitcoin to this bubble area.  BitF might see $4.50-4.60 Canadian with this push. 
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