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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 > What happens when bitfarms can only produce half of bitcoin
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Post by keithvictoria41 on Mar 04, 2024 5:32pm

What happens when bitfarms can only produce half of bitcoin

Bitfarms produces  350 bitcoin right now a month when halving happens it will go down to 175 a month and our hash rate is very low a 7 will bitfarns be able to stay in buisness ?? Bitfarms shoukd be buying up as many machines as they can right now or merge with a larger company like riot
Comment by SHOWMEURKITTYS on Mar 05, 2024 10:05am
cost /btc is 16,900. do the matherinos. at this price there making more money after halving. huge instituions own the miners or a lot of them. they need btc up for halving so these miners can stay running. its all a planned orchestra that we sit and watch like loosers(orchestras are awesome btw just a metaphor). wondering wth is happening. this stock should be 12$ like it was before 456!
Bitfarms Ltd