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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.


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Post by zoevans1on Mar 14, 2024 11:02am
80 Views
Post# 35932666

Bitfarms is on the fast track to achieve 21 EH/s this year

Bitfarms is on the fast track to achieve 21 EH/s this year

Fleet upgrade & expansion driving growth & Operating efficiencies in 2024.

Bitfarms is on the fast track to achieve 21 EH/s this year.

Results Presentation: https://bit.ly/BQ42023RP

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