Group 1: Bitfarms Ltd. Overview - Bitfarms Ltd. (BITF) shares increased by 9.3% to close at $5.89, with notable trading volume exceeding typical levels [1] - The stock has experienced a significant 117.3% gain over the past four weeks, driven by optimism surrounding AI compute demand and Bitfarms' new HPC expansion [1] Group 2: Financial Expectations - The company is projected to report a quarterly loss of $0.02 per share, reflecting a year-over-year change of +77.8% [2] - Expected revenues for the upcoming quarter are $84.47 million, representing an 88.3% increase from the same quarter last year [2] Group 3: Earnings Estimates and Stock Performance - The consensus EPS estimate for Bitfarms has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - Bitfarms currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Group 4: Industry Context - Bitfarms is part of the Zacks Technology Services industry, which includes other stocks like Arbe Robotics Ltd. (ARBE), which saw an 11.9% increase in its last trading session and a 62.8% return over the past month [3]

RT s4mmy (@S4mmyEth)AI compute demand growth is twice the rate of efficiency growth.What does this mean?Unless GPUs become more efficient this will become the most sought after commodity for AI.Here's a list of crypto protocols that could benefit from this insatiable demand:- @USDai_Official: GPU backed lending protocol- @gaib_ai: Tokenizes enterprise GPU yields into tradable assets- @AethirCloud: Enterprise-grade DePIN GPU cloud- @rendernetwork: GPU compute for 3D rendering, visuals- @ionet: 70% cheaper th ...

AI compute demand growth is twice the rate of efficiency growth.What does this mean?Unless GPUs become more efficient this will become the most sought after commodity for AI.Here's a list of crypto protocols that could benefit from this insatiable demand:- @USDai_Official: GPU backed lending protocol- @gaib_ai: Tokenizes enterprise GPU yields into tradable assets- @AethirCloud: Enterprise-grade DePIN GPU cloud- @rendernetwork: GPU compute for 3D rendering, visuals- @ionet: 70% cheaper than AWS in providing ...