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Bitfarms Ltd. - BITF: Nasdaq BITF.V: TSXV

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First time posting. I’ve been investing in this company since June last year. With all the concerns around the environmental impact of Bitcoin mining, I went with these guys over other miners because they generate their own electricity with hydro power plants they’ve purchased. Not to mention, last year they mined 3453 Bitcoin at an average cost of $8100 per coin. Their latest financial statement looks great, in 2021 they generated $169 million in revenues and gross profit was $111 million. My question now is why isn’t anyone else talking about this? It’s a green energy miner with extremely low production costs, currently expanding their hash rate and power generation capabilities to produce more Bitcoin faster and at a lower cost. The company posts production updates on social media and there’s almost no reactions or comments on the posts. Watch all the stock market news channels and none of them mention this company that has a market cap of $769 million. It’s about time this stock gets the respect it deserves. Or am I missing something?


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