Bullboard - Stock Discussion Forum 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... see more

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TSX:BITF - Post Discussion

Bitfarms Ltd > One of the most undervalued miners in the space.

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Post by macdtrader on Dec 30, 2020 1:44pm

One of the most undervalued miners in the space.

I sold my HIVE to move across to here at $1. The market cap on HIVE has too much premium to BITF.

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Comment by E17 on Dec 30, 2020 1:52pm

Indeed. The only other company in the space that I know of with similar value metrics is Argo Blockchain listed in the UK - dual listing recently US OTC. Both have approx 1 exahash of computing capacity (more than their larger competitors), I understand that both run from renewable energy sources, and both are highly profitable at current levels of bitcoin. BITF has an aggressive growth ...more

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