WHAT IS BITSFARM AND ITS ADVANTAGES.

in #bitshares8 years ago

BITSFARM

It' one of the newest projects on the Bitshares blockchain. It's a game where you can grow plants as a metaphorical investments and win money.

Bitfarms owns and operates blockchain farms that power the global decentralized financial economy. Our farms provide computing power to cryptocurrency networks such as bitcoin, bitcoin cash, ethereum, litecoin, and dash, earning fees from each network for securing and processing transactions 24 hours a day, 7 days a week.

BITSFARM COMPETITIVE ADVANTAGE

Our founders have been involved with cryptocurrency since 2009. We have invested in and operated blockchain farms around the world. Building on this experience, we have learned how to operate a successful cryptocurrency farming operation, what to focus on, and what risks to avoid. Over the last three years, we have developed a proprietary business model that has enabled us to lock-up substantial low-cost clean power capacity and a stable supply of computing chips from the leading manufacturers. Since 2013, predecessors to Bitfarms have constructed 4 farms in Quebec, Canada which have 27.5 MW of installed capacity and over 200 PH/s of installed hash-power. Bitfarms construction pipeline includes an additional 3 farms in Quebec with over 100 MW of power capacity. Bitfarms directly owns all of the miners at its different facilities. The Company has been self-funded since its creation.
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