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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Technology Software - Application
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 Tradinghandson May 06, 2024 10:56am
106 Views
Post# 36024897

Still trending lower

Still trending lowerUnless this breaks above $67,000 the chart high from April 8th to now draws a line downward so its still trending lower. The other thing is that miners are at half now and theres always headlines of fraud with Bitcoin miners to watch out for or people being overcharged for a transaction some up to $100,000. I'm on the sidelines for now
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Dealroom for high-potential pre-IPO opportunities