Bitfarms Ltd. (NASDAQ: BITF) dominates crypto mining, expanding server farms globally
Bitfarms Ltd. (NASDAQ: BITF), established in 2017, is a prominent player in the cryptocurrency mining industry, with its headquarters located in Toronto, Canada. The company’s primary focus lies in mining various cryptocurrency coins and tokens, and operating server farms across Canada, the United States, Paraguay, and Argentina. These facilities are equipped with specialized hardware designed to validate transactions on the Bitcoin blockchain, earning cryptocurrency rewards through block rewards and transaction fees.
