Bitfarms Ltd T.BITF

HUT 8 Hodles 4724 BTC, BITF Only Hodles 2312 BTC - HUT Wins!

[BrITeChOIceswiN]

HUT 8 just raised $173:million U.S. and the market absorbed it like a pro - we're back at pre financing price with $240 million U.S. in cash.

BITF only mined 41 more Bitcoin than HUT for the month of Sept - at that pace it would take BITF two yrs to catch up!  It's all about how much these miners are hodling now and not some hyped future  number 2 yrs from now.

Bitfarms only has $30 million in cash and still owes over $200 million for the 55,000 pre-ordered miners.  They have to raise more money soon which will dilute them about 25%.  Not good to be holding BIT,  unless you want to lose money while HUT makes their shareholders rich!

Caveat emptor!!

[NBaker]

This post has been removed in accordance with Community Policy

[InvrsContrarian]

Bitxhoice is on ignore, he's trying to buy your shares for cheap. Both companies are enjoying this ride up.

[BrITeChOIceswiN]

Thanks for solidifying a typical amateurish response lol.  Sold BITF last March for $7 and bought much more HUT for $6 in May.   I'd say I'm doing very well compared to those that keep holding BITF.

[BrITeChOIceswiN]

When Bitcoin hits $100,000 in the next 3 months.  HUT will still have double the amount of BTC - therefore their market cap will be worth twice as much as BITF.   You're p!ssing against the wind with your amateur take on how to calculate the true value of a properly run miner.  BITF reminds me of a cannabis play that claimed they could supply 2/3 of the recreational market.

[virgintrader99]

SELL RIOT TO BUY 5 TIME SHARE OF BITF TODAY BITF IS MINING MORE THAN HUT 

[BrITeChOIceswiN]

BITF isn't mining more than HUT to make a big difference in their overall  Bitcoin holdings.  The market knows this and thus the reason BITF moves sideways instead of upwards. 

[KLockett]

Keep in mond As they all mine more that percentage decreases. They hold 2000 more than bitf. We mine 10.1 per day and they mine 8.8. In a year we are young our hash rate more than hut as well. It won't be double for long. 

[BrITeChOIceswiN]

HUT mined 9.11/day in Sept - only one BTC less!   At that rate it would take BITF 5yrs to catch up.  Yes I know BITF is increasing their hashrate - so is HUT!  And thus HUT will always be a better play than BITF during this BTC bull run. Watch and learn and remember not to wallow in your losses for too long here. All the best.

[KLockett]

Lol, they mined less and will continue to do so. They mine 8.8 currently to bitf 10.1 I follow this closely. At 1.5 coins per day we aren't 5 years away. Learn math. That 1.5 is going up higher. Hut also has a 500 million of which they just used was it 150 or 175? Something like that. That doesn't come close to 8! If they want to they will have the same dilution. Enjoy your double because

[BrITeChOIceswiN]

You need to learn how to read and use simple math, fabricating your own numbers is a sure way to look like a simpleton and lose your money like an idiot.  If BITF is $10US by Dec - HUT will be at least $20US.   TORONTO, Oct. 4, 2021 /PRNewswire/ - Hut 8 Mining Corp. (NASDAQ: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest

[KLockett]

So you think you will continue to be double? Lol Here I'll break it down for you. 4000- 2000 hut to bitf. Now go 5000-3000, 6000-4000, 10,000-8000. Is that still half? We produce more as well. Didn't say we were better, chill. Just that the percentage will be changing. I also specifically said it's when you get in. Percentage gain. Read before responding. I'll try and post a graph

[AlphaJ]

hut has the highest cost per coin in North America out of the big 5. Lowest margins. It may take bitf time to catch up in hodl. But they have a better more efficient operation and high grossing business.

[BrITeChOIceswiN]

It definitely will take at least 2yrs time to catch up to HUT. Hence the market is not going reward them now for something way down the road. Common sense! If they actually were more efficient than HUT, how come they're not listed as a Nasdaq Global Select company? Rest my case! Spew all ya want, it's not going to change the market's conviction that HUT is a much better miner. All the

[Mikechris]

You ladies should stop taking about apples and oranges. The problem here is Bit is up huge both stocks are down. Hmmm. Reason. I know, but would  like you simpletons figure it out. Pretty funny

[BrITeChOIceswiN]

You know nothing, but how to lose money lol

[Mikechris]

Ha own both 3 dollars lower.  Both will do well, just a hold for now. Plus I dont lose

[KLockett]

Atm