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2021-04-12 09:05:04

Bitfarms: Valuable And Green Bitcoin Investment

Bitfarms is one of the oldest bitcoin mining companies in North America.While not currently exhibiting high revenue growth, the company has a better profitability metric when compared with a peer.Also, it has now taken a commitment to amass bitcoins produced instead of selling them, thus constituting a huge positive for the balance sheet.At current market valuations, the company is a bargain and its upside should be amid a less volatile path.First, for those who are not yet convinced to buy miners' stock, I provide insights into mining activity.

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