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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 15, 2024 8:39am
118 Views
Post# 36040671

Earned Bitcoin keep dropping

Earned Bitcoin keep droppingFrom Q1 2023 they earned 1297 Bitcoin and Q1 2024 they earned 943 down 354 Bitcoin,

Just from Q4 2023 they earned 1236 and this Q1 943 Bitcoin thats a big drop

so if we are looking at Q2 2024 we could be looking at 471 earned Bitcoin.

Less is never good. 
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