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 > Hut v hive v bitf

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Post by AlphaJ on Mar 29, 2021 1:46pm

Hut v hive v bitf

these are the big 3 in Canada. Hive is the oldest with a 70% etheruem mining capacity. Hut and BITF are all bitcoin. Although I've heard hut may diversify their mining. Hive has a great operation, highly efficient! But with etheruem 2.0 on the horizon. They have alot of headwinds in their futute. Hut had a great operation, not the most efficient but they are die hard crypto. They've stashed over 3k bitcoins, I love that. Now bitf is younger then these guys. But they have the efficiency of HIVE and are hodling like HUT. All cryto miners are winners. But Hive could get chewed out if ethereum does the 1.5 phase early and cuts miners off. And hut has operational inefficiencies. Bitf is the only winner I'll risk it with in 2021. Personal opinion.

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