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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

Comment by SHOWMEURKITTYSon Mar 05, 2024 10:05am
90 Views
Post# 35915542

RE:What happens when bitfarms can only produce half of bitcoin

RE:What happens when bitfarms can only produce half of bitcoin cost /btc is 16,900. do the matherinos. at this price there making more money after halving. huge instituions own the miners or a lot of them. they need btc up for halving so these miners can stay running. its all a planned orchestra that we sit and watch like loosers(orchestras are awesome btw just a metaphor). wondering wth is happening. this stock should be 12$ like it was before 456!
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