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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 Paray99on Nov 15, 2024 8:34am
72 Views
Post# 36314509

RE:Target price $6,50

RE:Target price $6,50The target prices by those analysts have no value. They used to correct even the valuable stocks after earnings reports, so they are not ashamed to reset the target price to $2 after some time. The irony is that all analysts will do the same at the same day. They just fool us guys. If they have no idea about some of the major companies, what they know about this company and the bitcoin path ahead?
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