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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 09, 2024 1:30pm
79 Views
Post# 36031608

Bitcoin on-chain data suggests 300% upside

Bitcoin on-chain data suggests 300% upsideToo many analyst seeing Bitcoin heading over $100,000+ I'll keep picking up cheap shares of Bitfarm as we head into earnings and a bull market for Bitcoin.

Bitcoin price stalls amid lull in ETF flows, but on-chain data suggests 300% upside | Kitco News
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