|Bid||0.3900 x N/A|
|Ask||0.4100 x N/A|
|Day's Range||0.3850 - 0.4100|
|52 Week Range||0.3100 - 4.2000|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||18.64|
|Earnings Date||Apr. 29, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Bitfarms Ltd. ("Bitfarms") (TSXV: BITF) today announces that delivery has been made of 1,847 WhatsMiner M20S and installation will be completed within the next 2 to 3 days. As announced on June 1, 2020, the new equipment was funded from internally generated cash flow. Once fully operational, the mining hardware is expected to add approximately 133 petahash per second ("PH/s") to the Company's installed computing power and improve computing efficiency to over 15 PH per megawatt ("MW"). Each WhatsMiner M20S miner produces an average of 72 terahash per second of computing capacity while consuming approximately 3.46 kWh of energy, or 48 joules per terahash. The M20S miners will utilize, in aggregate, approximately 6.4 megawatts ("MW") of electricity. This equipment will further extend the Company's position as the most efficient publicly traded cryptocurrency miner in Canada in terms of computing power relative to electricity consumption.
Bitfarms Ltd. ("Bitfarms", or the "Company") (TSXV:BITF) today announced its consolidated results for the quarter ended March 31, 2020.
Bitfarms Ltd. ("Bitfarms", or the "Company") (TSXV:BITF) announces that, at the request of the Company, Kost, Forer, Gabbay & Kasierer, a member of Ernst & Young Global ("EY") has resigned as the Company’s auditor and PricewaterhouseCoopers LLP ("PwC") has been appointed as the successor auditor effective June 18, 2020. In accordance with National Instrument 51-102 – Continuous Disclosure Obligations ("NI-51-102"), the Company has filed a Change of Auditor Notice (the "Notice") on SEDAR together with letters from both EY and PwC, with each letter confirming agreement with the statements contained in the Notice, as applicable. There were no reportable events as defined in NI-51-102 between EY and the Company.
TORONTO and BROSSARD, Québec, June 01, 2020 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (“Bitfarms”, or the “Company”) (TSXV:BITF) announces that it has purchased 1,847 WhatsMiner M20S miners from internally developed cash flow from operations. Once fully operational, the mining hardware is expected to add approximately 133 petahash per second (“PH/s”) to the Company’s installed computing power and improve computing efficiency to over 15 PH per megawatt (“MW”). In addition, the Company announces the appointment of John Rim as Chief Operating Officer and Nicolas Bonta as Chief Development Officer as well as the resignation of Ryan Hornby as Executive Vice President and General Counsel of the Company effective June 1, 2020.
Bitfarms Ltd. ("Bitfarms" or the "Company") (TSXV:BITF), a blockchain infrastructure company that operates one of the largest cryptocurrency mining operations in North America, wishes to provide an update on the status of filing its interim consolidated financial statements, accompanying management's discussion and analysis, and related CEO and CFO certifications for the first quarter ended March 31, 2020.
Bitfarms Ltd. ("Bitfarms" or the "Company") is pleased to announce that effective today, Mr. L. Geoffrey Morphy has been appointed as a director of Bitfarms, filling a vacancy on the Board of Directors.
Bitfarms Ltd. ("Bitfarms" or the "Company") (TSXV:BITF) is a blockchain infrastructure company that operates one of the largest cryptocurrency mining operations in North America and is pleased to announce that Hydro-Quebec has reconfirmed the Company’s access to its distribution network of clean and reliable hydroelectricity. Specifically, the Hydro-Quebec acknowledges existing arrangements with respect to Bitfarms’ portfolio of 52 megawatts (MWs) of electricity with Hydro Quebec, of which 28 MWs is currently unused and remains available to Bitfarms for future development. In addition to Hydro-Quebec, Bitfarms has agreements with municipal electricity distributors in Quebec for a total power portfolio of 160 MW, 53MW of which is currently used to power the Company’s approximately 29,000 ASIC computers generating approximately 780 petahash daily, on average, of computer power on the Bitcoin network.
Bitfarms Ltd. ("Bitfarms", or the "Company") (TSXV:BITF) today announced its consolidated results for the year ended December 31, 2019.
Mr. Howlett is a graduate from Concordia University and is a Chartered Professional Accountant (“CPA, CMA”) with over thirty years of experience in senior financial and management roles. Mr. Howlett has served as senior officer and director of numerous public companies over his career.
Bitfarms Ltd. ("Bitfarms" or the "Company") (TSXV:BITF) is a blockchain infrastructure company that operates one of the largest cryptocurrency mining operations in North America. Throughout the recent and ongoing economic and social turmoil related to the impact of the coronavirus (COVID-19) pandemic, Bitfarms has been able to optimize mining operations in real time to maintain maximum computer capacity. From the significant drop of Bitcoin price on March 12, 2020 until the price recovery at or above USD$6,000 on March 19, 2020, the Company maintained an average daily hashrate of approximately 630 petahash per second (PH). Since March 19, 2020, the Company has maintained an average daily hashrate of approximately 750 PH.
Bitfarms Ltd. ("Bitfarms", or the "Company") (TSXV:BITF) announced today that Wes Fulford has elected to resign as Chief Executive Officer and Director of Bitfarms and its subsidiaries in order to pursue another professional opportunity. Mr. Fulford will remain a consultant to the Company for a limited period in order to assist with transitional and other matters.
Montreal, Quebec--(Newsfile Corp. - February 28, 2020) - Pierre-Luc Quimper announces that he has filed an early warning report (the "Early Warning Report") in accordance with National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the purchase and sale of common shares ("Common Shares") of Bitfarms Ltd. (the "Corporation"), as described below.When the Corporation became a reporting issuer on June 13, 2019 (upon being issued ...