Bitfarms Ltd
XTSX:BITF
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Bitfarms Ltd
Bitfarms Ltd. owns and operates blockchain farms that power the global decentralized financial economy. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-07-16. The firm operates cryptocurrency mining operations in North America. The company operates in two segments: the cryptocurrency mining segment (Backbone) and the electrical services segment (Volta). The Backbone segment operates server farms that support the validation and verification of transactions on the blockchain, earning cryptocurrency for providing these services. The Volta segment provides electrician services to both commercial and residential customers in Quebec.
Bitfarms Ltd. owns and operates blockchain farms that power the global decentralized financial economy. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-07-16. The firm operates cryptocurrency mining operations in North America. The company operates in two segments: the cryptocurrency mining segment (Backbone) and the electrical services segment (Volta). The Backbone segment operates server farms that support the validation and verification of transactions on the blockchain, earning cryptocurrency for providing these services. The Volta segment provides electrician services to both commercial and residential customers in Quebec.
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