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.

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Bitfarms Ltd > Going 100% HoStile TO?

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Comment by TOCKY8008on Jun 03, 2024 9:23am

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Post# 36069003

RE:RE:Going 100% HoStile TO?

mrmomo,

could you in a few lines elaborate on "..SIZE requirement, sniff test..."
And : "their BS is a mess AND they need LOTS of cash infusions from some source".
It looks to me that they have enough cash to execute their 2024 expansion plan to
21 EH/s and 21 w/TH, buying and installing 18000-19000 T21s miners.
To me these are facts not BS opinions
As for the "chaos " of their mgnt, again just puff of smoke commentary.
TOCKY8008

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