Bitfarms Ltd. — Regulatory Filings 2021

Aug 12, 2021

Appendix C to National Instrument 41-101 General Prospectus Requirements

Non-Issuer Form of Submission to Jurisdiction and Appointment of Agent for Service of Process

1. Name of issuer (the “Issuer”): Bitfarms Ltd.

2. Jurisdiction of incorporation, or equivalent, of Issuer: Canada

3. Address of principal place of business of Issuer: 18 King Street East, Suite 902, Toronto, ON M5C 1C4

4. Description of securities (the “Securities”): Common Shares

5. Date of the prospectus (the “Prospectus”) under which the Securities are offered: ���������� , 202112

6. Name of person filing this form (the “Filing Person”): Andres Finkielsztain

7. Filing Person’s relationship to Issuer: Director

8. Jurisdiction of incorporation, or equivalent, of Filing Person, if applicable, or jurisdiction of residence of Filing Person:

   • Argentina

9. Address of principal place of business of Filing Person: 18 King Street East, Suite 902, Toronto, ON M5C 1C4

10. Name of agent for service of process (the “Agent”): Bitfarms Ltd.

11. Address for service of process of Agent in Canada (the address may be anywhere in Canada): 18 King Street East, Suite 902, Toronto, ON M5C 1C4

12. The Filing Person designates and appoints the Agent at the address of the Agent stated above as its agent upon whom may be served any notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding (the “Proceeding”) arising out of, relating to or concerning the distribution of the Securities made or purported to be made under the Prospectus, and irrevocably waives any right to raise as a defence in any such Proceeding any alleged lack of jurisdiction to bring the Proceeding.

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1. The Filing Person irrevocably and unconditionally submits to the non-exclusive jurisdiction of

• (a) the judicial, quasi-judicial and administrative tribunals of each of the provinces and territories of Canada in which the securities are distributed under the Prospectus; and

• (b) any administrative proceeding in any such province or territory,

in any Proceeding arising out of or related to or concerning the distribution of the Securities made or purported to be made under the Prospectus.

1. Until six years after completion of the distribution of the Securities made under the Prospectus, the Filing Person shall file a new submission to jurisdiction and appointment of agent for service of process in this form at least 30 days before termination of this submission to jurisdiction and appointment of agent for service of process.

2. Until six years after completion of the distribution of the Securities under the Prospectus, the Filing Person shall file an amended submission to jurisdiction and appointment of agent for service of process at least 30 days before a change in the name or above address of the Agent.

3. This submission to jurisdiction and appointment of agent for service of process shall be governed by and construed in accordance with the laws of the Province of Ontario.

Dated: ���������� , 202112 __________________ ______________________________________ (signed) " Andres Finkielsztain " Signature of Filing Person

Andres Finkielsztain

Print name of person signing and, if the Filing Person is not an individual, the title of the person

AGENT

The undersigned accepts the appointment as agent for service of process of [insert name of Filing Person] under the terms and conditions of the appointment of agent for service of process stated above.

Dated: ���������� , 202112 __________________ ____________________________________ (signed) " Emiliano Joel Grodzki " Signature of Agent Emiliano Joel Grodzki, CEO Print name of person signing and, if Agent is not an individual, the title of the person