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.

TSX:BITF - Post by User

Bitfarms Ltd > BITF will return to $3.20 very easily according to analysts

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Comment by keithvictoria41on Apr 10, 2024 4:37pm

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RE:BITF will return to $3.20 very easily according to analysts

Sure it will lol most likely dropping back to 2$ after halving event they won't be able to produce hardly any coin with 7 EH going it takes long time for this compsny to hike there minning rigs and set up they very slow , look how long it took them to get to 7EH .

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