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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

TSX:BITF - Post Discussion

Bitfarms Ltd > You make 36 million but net loss of 2 million ???
View:
Post by keithvictoria41 on Aug 16, 2021 9:07pm

You make 36 million but net loss of 2 million ???

That's horrible where is all there money going throwing it away how do you blow 36 million in 3 months ??
Comment by Its_all_timing on Aug 16, 2021 10:36pm
Where has it been spent? Umm buying mining equipment, building infrastructure. If you read the report it says where monies have been spent solely to increase productivity and more btc. Bitcoin is going higher....So is bitfarms.
Comment by KLockett on Aug 17, 2021 12:37pm
They keep their coins and don't sell. It's a race to mine as much as possible. We have mined the most so far this year. We made over 37 million. Mara made less than 30. Easy buy
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