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Bitfarms Ltd

BITF:TOR

Bitfarms Ltd

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TechnologyTechnology Hardware and Equipment
  • Price (CAD)3.77
  • Today's Change0.000 / 0.00%
  • Shares traded6.85m
  • 1 Year change+124.40%
  • Beta3.2714
Data delayed at least 15 minutes, as of Nov 12 2024 21:00 GMT.
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About the company

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 Company operates through the cryptocurrency mining segment. The Company operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The Company also operates Miners about 24 hours a day producing computational power (measured by hashrate) which it sells to Mining Pools under a formula-driven rate commonly known as Full Pay Per Share (FPPS). The Company has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.

  • Revenue in CAD (TTM)240.82m
  • Net income in CAD-151.51m
  • Incorporated2018
  • Employees170.00
  • Location
    Bitfarms Ltd110 Yonge Street, Suite 1601TORONTO M5C 1T4CanadaCAN
  • Phone+1 (647) 259-1790
  • Websitehttps://bitfarms.com/
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