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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

Comment by Bludstanon Oct 17, 2024 9:59pm
54 Views
Post# 36270957

RE:RE:RE:RE:BITF has resistance

RE:RE:RE:RE:BITF has resistanceNot giving a 'name' to the creator of bitcoin. Satoshi Nakamoto is a pseudonym. No one knows (well unless you believe the Netflix documentary, which, well, that's anyone's prerogrative but personally, we might never know for sure, like Kennedy's magic bullet never know for sure) 

https://www.kraken.com/learn/who-is-satoshi-nakamoto

Bitcoin is acting like money NOW. I was in a mall in the US last time I visited, and there was a Bitcoin ATM in the mall, anyone can use. It's not necessarily reached mainstream yet in high volumes, but it can and is used as money by some. 

As for your video, it's a video from June 2020, when BTC was worth 10.2k. BTC is worth 67k today, going in exactly the opposite direction from 0$. He keeps saying BTC doesn't accept Smart Contracts, even says its impossible, but today, there are smart contracts on BTC, and there have been and continue to have regular continuous improvements to speed of transaction, security and etc that show no sign of stopping so it's actually becoming more and more useful as time goes by, though I will admit much work remains. Everyone loves the colorful John McAfee, entertaining as always, but your source is a bit dated. Sorry..

B
mho

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