Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms Ltd. in October 2018. The company was founded in 2017 and is based in Toronto, Canada.

Sector

Financial Services

Industry

Financial - Capital Markets

CEO

Gagnon, Benjamin

Employees

170

Website

www.bitfarms.com

IPO Date

2019-07-16

Headquarters

110 Yonge Street, Suite 1601, Toronto, Ontario, M5C 1C4, Canada

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About Bitfarms Ltd.

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