Bitfarms Ltd BITF

Primary Symbol: T.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 > Significant improvement in numbers and hashrate increase

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Comment by Bludstanon Aug 01, 2024 10:45pm

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Post# 36159765

RE:RE:Significant improvement in numbers and hashrate increase

And falls faster too.. HIVE 4.47$ on Jul 23, now 3.37$. BITF 3.88$ to 3.44$ for same period.

If there's any advice to give here (not to you Traderstock, just like I don't give advice to rocks and trees, they don't really have the equipment and bandwith to listen, but for the rest of the board), if you've done your research and like both companies, it would be to buy a bit of both to spread your industry risk. Just don't buy any RIOT lol.

mho
b.

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