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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 Humaniston Apr 21, 2024 6:10pm
138 Views
Post# 36000435

RE:This will drop like a Rock when halving starts

RE:This will drop like a Rock when halving starts Was done on friday night, it was announ ced. so let's see what happens. they say sometimes it goes higher unless there are special circumstances. if it goes higher than miners work by volume and only the strong witll survive. bitfarm and riot will survive because thye cover different geographical area.

glta


keithvictoria41 wrote: It will be twice as hard to mine bitcoin say bye bye bitfarms 


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