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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 > Not what I was expecting. Now it is time to go up !
View:
Post by HarfanddesNeiges on Mar 01, 2024 7:19am

Not what I was expecting. Now it is time to go up !

What is the reason why BITF mined only 300 BTC in February 2024 much less than 2023 and 2022.
I need some explanation from the Cie. GLTA

Comment by Bludstan on Mar 01, 2024 10:37am
A helpful chart detailing mining difficulty over the past few years https://www.coinwarz.com/mining/bitcoin/difficulty-chart It's like shoveling light fluffy snow in 2021, and now we're shoveling that heavy wet snow. You might have cleared your driveway in 15 min with the light fluffy snow, but it's gonna take you 30 min of back breaking labor with a break in the middle to shovel ...more  
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