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Bitpharm was conceptualized in late 2012 as a totally scalable Bitcoin farm using the most current ASIC technology.

  • Stage Concept Only
  • Industry Other
  • Location Tucson, AZ, USA
  • Currency USD

Company Summary

Bitpharm is a scalable Bitcoin farm. Bitcoin (BTC) is a digital currency which operates on a vast Peer 2 Peer network. The present exchange rate is approximately $81 (USD) per 1 (BTC). Farming refers to the process in which the Bitcoin currency grows. In order to create new bitcoins, extremely complex mathematical equations, which require extraordinarily high computational power, are distributed to farms to solve.