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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 08, 2024 6:47pm
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Post# 36029934

The Next Big Catalyst For Bitcoin

The Next Big Catalyst For BitcoinI have to agree that once everyone agrees that Bitcoin is the go to being used as a standart then you'll see this pass $100,000 some are calling for it to head even higher by Sept 2024 and once the FED gives thumbs up for a rate cut this market will forge forward. It seems to me that Bitcoin is consolidating after huge runup. I now see the value in Bitcoin for the future.

The Next Big Catalyst For Bitcoin? What Michael Saylor Predicts (newsbtc.com)
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