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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

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

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Post by zoevans1on Jul 22, 2024 1:14pm
177 Views
Post# 36142914

“The future is bright for Bitfarms"

“The future is bright for Bitfarms"

Ben Gagnon: “I have genuinely never been more optimistic or excited about our future. We are fully funded for our 2024 growth plan, and we are poised to deliver the greatest hashrate growth and cost improvement in our history.”

https://bitfarms.com/leading-bitfarms-into-its-next-chapter/

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