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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... see more

TSX:BITF - Post Discussion

Bitfarms Ltd > Record profitability in the third quarter of 2021 🚀
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Post by zoevans1 on Nov 18, 2021 9:09am

Record profitability in the third quarter of 2021 🚀

“Strong growth in production with lower costs of production and favorable Bitcoin market conditions contributed to record quarterly revenues and record profitability in the third quarter of 2021,” Emiliano Grodzki, Bitfarms Founder and CEO

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Comment by kurt73 on Nov 18, 2021 11:57am
Help an amateur out. Fidelity put out a report that bitcoin could be $1,000,000 in 5 years. Does that mean a miner like bitfarms also goes up 20X or is there potential better returns? Basically is buying bitfarms smarter than the actual coin purchase? Thanks in advance for any advice
Bitfarms Ltd
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