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Bullboard - Stock Discussion Forum
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.
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TSX:BITF - Post Discussion
Bitfarms Ltd
> Bitf mines more than 9,7 btc today
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•••
Carpenter72
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Post by
Carpenter72
on Apr 18, 2021 11:50am
Bitf mines more than 9,7 btc today
Cosidering btc hashrate dropped to 120 Eh/s
Bitf has 1,2 Eh/s
970 btc available per day (900 +70 fees) roughly
Do the math...
(2)
•••
Ramzi88
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Comment by
Ramzi88
on Apr 18, 2021 2:51pm
Hey Carpenter, qq...when btc 'hashrate dropped to 120 Eh/s', does that mean the available coins to mine on a particular day ? or over a span of time and does the hashrate change often, has it been going up or down or does it generally stays the same ? i guess im trying to gauge the significance, thanks btw Im not a troll or anything, just new, i know alot of C's are on these
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