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<!-- Generated by CompSci Transform (tm) - http://www.compsciresources.com -->
<!-- Created: Mon Dec 09 17:31:54 EST 2024 -->
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  <roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel"/>
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    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentAssets_lbl" xml:lang="en-US">Total current assets</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_Assets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Assets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Assets_lbl" xml:lang="en-US">Total assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentLiabilities_lbl" xml:lang="en-US">Total current liabilities</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_Liabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Liabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Liabilities_lbl" xml:lang="en-US">Total liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_Equity" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Equity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US">Total equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Equity_lbl0" xml:lang="en-US">Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Equity_lbl1" xml:lang="en-US">Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Equity_lbl2" xml:lang="en-US">Total equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl2"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_EquityAndLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EquityAndLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xml:lang="en-US">Total liabilities and equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GrossProfit" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GrossProfit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_GrossProfit_lbl" xml:lang="en-US">Gross (loss) profit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLossFromOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLossFromOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl" xml:lang="en-US">Operating loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl0" xml:lang="en-US">Operating loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLossBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLossBeforeTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl" xml:lang="en-US">Net loss before income taxes</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US">Net loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLoss_lbl0" xml:lang="en-US">Net loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLoss_lbl1" xml:lang="en-US">Net loss and total comprehensive loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl1"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xml:lang="en-US">Total comprehensive loss, net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl0" xml:lang="en-US">Total comprehensive loss, net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfSharesOutstanding" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfSharesOutstanding"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl" xml:lang="en-US">Balance (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl0" xml:lang="en-US">Balance (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl1" xml:lang="en-US">Common stock, shares outstanding (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl1"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ComponentsOfEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComponentsOfEquityAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xml:lang="en-US">Components of equity [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfEquityAxis" xlink:to="ifrs-full_ComponentsOfEquityAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xml:lang="en-US">Net change in cash related to operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl0" xml:lang="en-US">Net change in cash related to operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xml:lang="en-US">Net change in cash related to investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl0" xml:lang="en-US">Net change in cash related to investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xml:lang="en-US">Net change in cash related to financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xml:lang="en-US">Net increase (decrease) in cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashAndCashEquivalents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US">Cash, beginning of the year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_CashAndCashEquivalents_lbl0" xml:lang="en-US">Cash, end of the year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashAndCashEquivalents_lbl1" xml:lang="en-US">Cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlockAbstract" xlink:href="bitf-20231231.xsd#bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlockAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlockAbstract_lbl" xml:lang="en-US">Nature of Operations [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlockAbstract" xlink:to="bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlockAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xml:lang="en-US">Categories of related parties [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NotesAndOtherExplanatoryInformationAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NotesAndOtherExplanatoryInformationAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotesAndOtherExplanatoryInformationAbstract_lbl" xml:lang="en-US">Liquidity [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotesAndOtherExplanatoryInformationAbstract" xlink:to="ifrs-full_NotesAndOtherExplanatoryInformationAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BasisOfPresentationAndMaterialAccountingPolicyInformationAbstract" xlink:href="bitf-20231231.xsd#bitf_BasisOfPresentationAndMaterialAccountingPolicyInformationAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BasisOfPresentationAndMaterialAccountingPolicyInformationAbstract_lbl" xml:lang="en-US">Basis of Presentation and Material Accounting Policy Information [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BasisOfPresentationAndMaterialAccountingPolicyInformationAbstract" xlink:to="bitf_BasisOfPresentationAndMaterialAccountingPolicyInformationAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xml:lang="en-US">Classes of property, plant and equipment [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RangeAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RangeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RangeAxis_lbl" xml:lang="en-US">Range [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangeAxis" xlink:to="ifrs-full_RangeAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_lbl" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_lbl" xml:lang="en-US">Classes of intangible assets and goodwill [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xml:lang="en-US">Levels of fair value hierarchy [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl" xml:lang="en-US">Retrospective application and retrospective restatement [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:to="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SignificantAccountingJudgmentsAndEstimatesAbstract" xlink:href="bitf-20231231.xsd#bitf_SignificantAccountingJudgmentsAndEstimatesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SignificantAccountingJudgmentsAndEstimatesAbstract_lbl" xml:lang="en-US">Significant Accounting Judgments and Estimates [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SignificantAccountingJudgmentsAndEstimatesAbstract" xlink:to="bitf_SignificantAccountingJudgmentsAndEstimatesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfAcquisitionsOfAssetsAbstract" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfAcquisitionsOfAssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfAcquisitionsOfAssetsAbstract_lbl" xml:lang="en-US">Acquisitions of Assets [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfAcquisitionsOfAssetsAbstract" xlink:to="bitf_DisclosureOfAcquisitionsOfAssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_lbl" xml:lang="en-US">Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xlink:to="ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAbstract_lbl" xml:lang="en-US">Cash [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAbstract" xlink:to="ifrs-full_CashAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="srt_CurrencyAxis" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_CurrencyAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_CurrencyAxis_lbl" xml:lang="en-US">Currency [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_CurrencyAxis" xlink:to="srt_CurrencyAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfTradeAndOtherReceivablesTextBlockAbstract" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfTradeAndOtherReceivablesTextBlockAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfTradeAndOtherReceivablesTextBlockAbstract_lbl" xml:lang="en-US">Trade Receivables [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfTradeAndOtherReceivablesTextBlockAbstract" xlink:to="bitf_DisclosureOfTradeAndOtherReceivablesTextBlockAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xml:lang="en-US">Classes of financial assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OtherAssetAbstract" xlink:href="bitf-20231231.xsd#bitf_OtherAssetAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OtherAssetAbstract_lbl" xml:lang="en-US">Other Assets [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OtherAssetAbstract" xlink:to="bitf_OtherAssetAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfOtherAssetsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfOtherAssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfOtherAssetsAbstract_lbl" xml:lang="en-US">Schedule of Other Assets [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfOtherAssetsAbstract" xlink:to="bitf_ScheduleOfOtherAssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDigitalAssetsExplanatoryAbstract" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDigitalAssetsExplanatoryAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDigitalAssetsExplanatoryAbstract_lbl" xml:lang="en-US">Digital Assets [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDigitalAssetsExplanatoryAbstract" xlink:to="bitf_DisclosureOfDigitalAssetsExplanatoryAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesAbstract_lbl" xml:lang="en-US">Schedule of Bitcoin Transactions and the Corresponding Values [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesAbstract" xlink:to="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlockAbstract" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlockAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlockAbstract_lbl" xml:lang="en-US">Derivative Assets and Liabilities [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlockAbstract" xlink:to="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlockAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfReconciliationOfTheFairValueMeasurementOfDerivativesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfReconciliationOfTheFairValueMeasurementOfDerivativesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfReconciliationOfTheFairValueMeasurementOfDerivativesAbstract_lbl" xml:lang="en-US">Schedule of Reconciliation of the Fair Value Measurement of Derivatives [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfReconciliationOfTheFairValueMeasurementOfDerivativesAbstract" xlink:to="bitf_ScheduleOfReconciliationOfTheFairValueMeasurementOfDerivativesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DerivativeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DerivativeFinancialAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl" xml:lang="en-US">Derivative Assets, Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialAssets" xlink:to="ifrs-full_DerivativeFinancialAssets_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl0" xml:lang="en-US">Derivative Assets, Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialAssets" xlink:to="ifrs-full_DerivativeFinancialAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl1" xml:lang="en-US">Derivative assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialAssets" xlink:to="ifrs-full_DerivativeFinancialAssets_lbl1"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DerivativeFinancialLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xml:lang="en-US">Derivative Liabilities, Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl0" xml:lang="en-US">Derivative Liabilities, Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfGainOrLossOnDerivativesAreRecognizedInNetFinancialExpensesIncomeAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfGainOrLossOnDerivativesAreRecognizedInNetFinancialExpensesIncomeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfGainOrLossOnDerivativesAreRecognizedInNetFinancialExpensesIncomeAbstract_lbl" xml:lang="en-US">Schedule of Gain or Loss on Derivatives are Recognized in Net Financial Expenses (Income) [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfGainOrLossOnDerivativesAreRecognizedInNetFinancialExpensesIncomeAbstract" xlink:to="bitf_ScheduleOfGainOrLossOnDerivativesAreRecognizedInNetFinancialExpensesIncomeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xml:lang="en-US">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfMeasurementDateAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfMeasurementDateAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfMeasurementDateAbstract_lbl" xml:lang="en-US">Schedule of Measurement Date [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfMeasurementDateAbstract" xlink:to="bitf_ScheduleOfMeasurementDateAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfAntidilutiveInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TypesOfAntidilutiveInstrumentsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfAntidilutiveInstrumentsAxis_lbl" xml:lang="en-US">Types of antidilutive instruments [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfAntidilutiveInstrumentsAxis" xlink:to="ifrs-full_TypesOfAntidilutiveInstrumentsAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_MeasurementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_MeasurementAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MeasurementAxis_lbl" xml:lang="en-US">Measurement [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MeasurementAxis" xlink:to="ifrs-full_MeasurementAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetsHeldForSaleAbstract" xlink:href="bitf-20231231.xsd#bitf_AssetsHeldForSaleAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetsHeldForSaleAbstract_lbl" xml:lang="en-US">Assets Held for Sale [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetsHeldForSaleAbstract" xlink:to="bitf_AssetsHeldForSaleAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityBalance" xlink:href="bitf-20231231.xsd#bitf_QuantityBalance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bitf_QuantityBalance_lbl" xml:lang="en-US">Qty, beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityBalance" xlink:to="bitf_QuantityBalance_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bitf_QuantityBalance_lbl0" xml:lang="en-US">Qty, ending balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityBalance" xlink:to="bitf_QuantityBalance_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ValueBalance" xlink:href="bitf-20231231.xsd#bitf_ValueBalance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bitf_ValueBalance_lbl" xml:lang="en-US">Value, beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueBalance" xlink:to="bitf_ValueBalance_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bitf_ValueBalance_lbl0" xml:lang="en-US">Value, ending balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueBalance" xlink:to="bitf_ValueBalance_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossAbstract_lbl" xml:lang="en-US">Impairment [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossAbstract" xlink:to="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAbstract_lbl" xml:lang="en-US">Schedule of Impairment Loss (Reversal) in the Consolidated Statements of Profit or Loss and Comprehensive Profit or Loss [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAbstract" xlink:to="bitf_ScheduleOfImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ImpairmentOfFinancialAssetsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl" xml:lang="en-US">Impairment of financial assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:to="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US">Property, Plant and Equipment [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_lbl" xml:lang="en-US">Balance beginning</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:to="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_lbl0" xml:lang="en-US">Balance ending</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:to="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityAsOfJanuary1" xlink:href="bitf-20231231.xsd#bitf_QuantityAsOfJanuary1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bitf_QuantityAsOfJanuary1_lbl" xml:lang="en-US">Quantity as of January 1</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityAsOfJanuary1" xlink:to="bitf_QuantityAsOfJanuary1_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bitf_QuantityAsOfJanuary1_lbl0" xml:lang="en-US">Quantity as of December 31</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityAsOfJanuary1" xlink:to="bitf_QuantityAsOfJanuary1_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IntangibleAssetsAndGoodwillAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IntangibleAssetsAndGoodwillAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IntangibleAssetsAndGoodwillAbstract_lbl" xml:lang="en-US">Intangible Assets [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsAndGoodwillAbstract" xlink:to="ifrs-full_IntangibleAssetsAndGoodwillAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwillCarryingAmountAtCostOfRevaluedAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillCarryingAmountAtCostOfRevaluedAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwillCarryingAmountAtCostOfRevaluedAssets_lbl" xml:lang="en-US">Cost at beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwillCarryingAmountAtCostOfRevaluedAssets" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwillCarryingAmountAtCostOfRevaluedAssets_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwillCarryingAmountAtCostOfRevaluedAssets_lbl0" xml:lang="en-US">Cost at ending balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwillCarryingAmountAtCostOfRevaluedAssets" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwillCarryingAmountAtCostOfRevaluedAssets_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_AccumulatedAmortization" xlink:href="bitf-20231231.xsd#bitf_AccumulatedAmortization"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bitf_AccumulatedAmortization_lbl" xml:lang="en-US">Accumulated amortization at beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccumulatedAmortization" xlink:to="bitf_AccumulatedAmortization_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bitf_AccumulatedAmortization_lbl0" xml:lang="en-US">Accumulated amortization at ending balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccumulatedAmortization" xlink:to="bitf_AccumulatedAmortization_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_AcquisitionAxis" xlink:href="bitf-20231231.xsd#bitf_AcquisitionAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AcquisitionAxis_lbl" xml:lang="en-US">Acquisition [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AcquisitionAxis" xlink:to="bitf_AcquisitionAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatoryAbstract" xlink:href="bitf-20231231.xsd#bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatoryAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatoryAbstract_lbl" xml:lang="en-US">Long-Term Deposits, Equipment Prepayments, Commitments and Other [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatoryAbstract" xlink:to="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatoryAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfLongTermDepositsEquipmentPrepaymentsCommitmentsAndOtherAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfLongTermDepositsEquipmentPrepaymentsCommitmentsAndOtherAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfLongTermDepositsEquipmentPrepaymentsCommitmentsAndOtherAbstract_lbl" xml:lang="en-US">Schedule of Long Term Deposits Equipment Prepayments Other and Commitments [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfLongTermDepositsEquipmentPrepaymentsCommitmentsAndOtherAbstract" xlink:to="bitf_ScheduleOfLongTermDepositsEquipmentPrepaymentsCommitmentsAndOtherAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="srt_TitleOfIndividualAxis" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_TitleOfIndividualAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_TitleOfIndividualAxis_lbl" xml:lang="en-US">Title and Position [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_TitleOfIndividualAxis" xlink:to="srt_TitleOfIndividualAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PastDueStatusAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PastDueStatusAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PastDueStatusAxis_lbl" xml:lang="en-US">Past due status [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastDueStatusAxis" xlink:to="ifrs-full_PastDueStatusAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayablesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesAbstract_lbl" xml:lang="en-US">Trade Payables and Accrued Liabilities [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayablesAbstract" xlink:to="ifrs-full_TradeAndOtherCurrentPayablesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfTradePayablesAndAccruedLiabilitiesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfTradePayablesAndAccruedLiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfTradePayablesAndAccruedLiabilitiesAbstract_lbl" xml:lang="en-US">Schedule of Trade Payables and Accrued Liabilities [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfTradePayablesAndAccruedLiabilitiesAbstract" xlink:to="bitf_ScheduleOfTradePayablesAndAccruedLiabilitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl" xml:lang="en-US">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_BorrowingsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BorrowingsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsAbstract_lbl" xml:lang="en-US">Long-Term Debt [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsAbstract" xlink:to="ifrs-full_BorrowingsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfLongTermDebtAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfLongTermDebtAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfLongTermDebtAbstract_lbl" xml:lang="en-US">Schedule of Long Term Debt [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfLongTermDebtAbstract" xlink:to="bitf_ScheduleOfLongTermDebtAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfMovementInLongTermDebtAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfMovementInLongTermDebtAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfMovementInLongTermDebtAbstract_lbl" xml:lang="en-US">Schedule of Movement in Long Term Debt [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfMovementInLongTermDebtAbstract" xlink:to="bitf_ScheduleOfMovementInLongTermDebtAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ContingentLiabilitiesRecognisedInBusinessCombination" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ContingentLiabilitiesRecognisedInBusinessCombination"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_ContingentLiabilitiesRecognisedInBusinessCombination_lbl" xml:lang="en-US">Beginning, Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContingentLiabilitiesRecognisedInBusinessCombination" xlink:to="ifrs-full_ContingentLiabilitiesRecognisedInBusinessCombination_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_ContingentLiabilitiesRecognisedInBusinessCombination_lbl0" xml:lang="en-US">Ending, Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContingentLiabilitiesRecognisedInBusinessCombination" xlink:to="ifrs-full_ContingentLiabilitiesRecognisedInBusinessCombination_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfCompanySEquipmentFinancingConsistedOnlyOfTheNydigLoanAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfCompanySEquipmentFinancingConsistedOnlyOfTheNydigLoanAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfCompanySEquipmentFinancingConsistedOnlyOfTheNydigLoanAbstract_lbl" xml:lang="en-US">Schedule of Equipment Financing and Balance of the NYDIG Loan Balance and the Net Book Value (NBV) [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfCompanySEquipmentFinancingConsistedOnlyOfTheNydigLoanAbstract" xlink:to="bitf_ScheduleOfCompanySEquipmentFinancingConsistedOnlyOfTheNydigLoanAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PresentationOfLeasesForLesseeAbstract_lbl" xml:lang="en-US">Leases [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:to="ifrs-full_PresentationOfLeasesForLesseeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl" xml:lang="en-US">Beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl0" xml:lang="en-US">Ending balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis_lbl" xml:lang="en-US">Property, plant and equipment by operating lease status [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:to="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeTaxesPaidRefundAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxesPaidRefundAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxesPaidRefundAbstract_lbl" xml:lang="en-US">Income Taxes [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefundAbstract" xlink:to="ifrs-full_IncomeTaxesPaidRefundAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods_lbl" xml:lang="en-US">Total current tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" xlink:to="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DefferedTaxExpenseIncomeAndAdjustmentsForDefferedTaxOfPriorPeriods" xlink:href="bitf-20231231.xsd#bitf_DefferedTaxExpenseIncomeAndAdjustmentsForDefferedTaxOfPriorPeriods"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bitf_DefferedTaxExpenseIncomeAndAdjustmentsForDefferedTaxOfPriorPeriods_lbl" xml:lang="en-US">Tax total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DefferedTaxExpenseIncomeAndAdjustmentsForDefferedTaxOfPriorPeriods" xlink:to="bitf_DefferedTaxExpenseIncomeAndAdjustmentsForDefferedTaxOfPriorPeriods_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfEffectiveTaxRateAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfEffectiveTaxRateAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfEffectiveTaxRateAbstract_lbl" xml:lang="en-US">Schedule of Effective Tax Rate [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfEffectiveTaxRateAbstract" xlink:to="bitf_ScheduleOfEffectiveTaxRateAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis_lbl" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:to="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RightofuseAssetsRevaluedAssetsAtCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RightofuseAssetsRevaluedAssetsAtCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_RightofuseAssetsRevaluedAssetsAtCost_lbl" xml:lang="en-US">Beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssetsRevaluedAssetsAtCost" xlink:to="ifrs-full_RightofuseAssetsRevaluedAssetsAtCost_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_RightofuseAssetsRevaluedAssetsAtCost_lbl0" xml:lang="en-US">Ending balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssetsRevaluedAssetsAtCost" xlink:to="ifrs-full_RightofuseAssetsRevaluedAssetsAtCost_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_DeferredTaxLiability1" xlink:href="bitf-20231231.xsd#bitf_DeferredTaxLiability1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bitf_DeferredTaxLiability1_lbl" xml:lang="en-US">Beginning Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxLiability1" xlink:to="bitf_DeferredTaxLiability1_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bitf_DeferredTaxLiability1_lbl0" xml:lang="en-US">Ending Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxLiability1" xlink:to="bitf_DeferredTaxLiability1_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetRetirementProvisionDisclosureAbstract" xlink:href="bitf-20231231.xsd#bitf_AssetRetirementProvisionDisclosureAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetRetirementProvisionDisclosureAbstract_lbl" xml:lang="en-US">Asset Retirement Provision [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetRetirementProvisionDisclosureAbstract" xlink:to="bitf_AssetRetirementProvisionDisclosureAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherProvisions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_OtherProvisions_lbl" xml:lang="en-US">Balance as of January 1,</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_OtherProvisions_lbl0" xml:lang="en-US">Balance as of period end</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_lbl" xml:lang="en-US">Share Capital (Restated) [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WeightedAverageExercisePriceShareOptions" xlink:href="bitf-20231231.xsd#bitf_WeightedAverageExercisePriceShareOptions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bitf_WeightedAverageExercisePriceShareOptions_lbl" xml:lang="en-US">Weighted average exercise price Outstanding beginning</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageExercisePriceShareOptions" xlink:to="bitf_WeightedAverageExercisePriceShareOptions_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bitf_WeightedAverageExercisePriceShareOptions_lbl0" xml:lang="en-US">Weighted average exercise price Outstanding ending</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageExercisePriceShareOptions" xlink:to="bitf_WeightedAverageExercisePriceShareOptions_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfCompanyCompletedAPrivatePlacementAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfCompanyCompletedAPrivatePlacementAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfCompanyCompletedAPrivatePlacementAbstract_lbl" xml:lang="en-US">Schedule of Company Private Placement [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfCompanyCompletedAPrivatePlacementAbstract" xlink:to="bitf_ScheduleOfCompanyCompletedAPrivatePlacementAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsAbstract_lbl" xml:lang="en-US">Financial Instruments [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US">Total carrying amount and fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" xml:lang="en-US">Total carrying amount and fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:to="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ForeignCurrencyRisk" xlink:href="bitf-20231231.xsd#bitf_ForeignCurrencyRisk"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bitf_ForeignCurrencyRisk_lbl" xml:lang="en-US">Foreign currency risk</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ForeignCurrencyRisk" xlink:to="bitf_ForeignCurrencyRisk_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfRisksAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TypesOfRisksAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xml:lang="en-US">Types of risks [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_YearsOfInsuranceClaimAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_YearsOfInsuranceClaimAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_YearsOfInsuranceClaimAxis_lbl" xml:lang="en-US">Years of insurance claim [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_YearsOfInsuranceClaimAxis" xlink:to="ifrs-full_YearsOfInsuranceClaimAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract_lbl" xml:lang="en-US">Transactions and Balances with Related Parties [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_KeyManagementPersonnelCompensation" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_KeyManagementPersonnelCompensation_lbl" xml:lang="en-US">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensation" xlink:to="ifrs-full_KeyManagementPersonnelCompensation_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract_lbl" xml:lang="en-US">Capital Management Policies and Procedures [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract" xlink:to="ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract_lbl" xml:lang="en-US">Subsidiaries [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="srt_StatementGeographicalAxis" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_StatementGeographicalAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_StatementGeographicalAxis_lbl" xml:lang="en-US">Geographical [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_StatementGeographicalAxis" xlink:to="srt_StatementGeographicalAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_EarningsPerShareAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EarningsPerShareAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareAbstract_lbl" xml:lang="en-US">Net Earnings (Loss) Per Share [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareAbstract" xlink:to="ifrs-full_EarningsPerShareAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EarningsPerShareAbstract_lbl0" xml:lang="en-US">Loss per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareAbstract" xlink:to="ifrs-full_EarningsPerShareAbstract_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract_lbl" xml:lang="en-US">Share-Based Payments [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:to="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsAbstract_lbl" xml:lang="en-US">Schedule of Share-Based Payment Expense Related to Stock Options and Restricted Stock Units [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsAbstract" xlink:to="bitf_ScheduleOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfOutstandingStockOptionsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfOutstandingStockOptionsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfOutstandingStockOptionsAbstract_lbl" xml:lang="en-US">Schedule of Outstanding Stock Options [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfOutstandingStockOptionsAbstract" xlink:to="bitf_ScheduleOfOutstandingStockOptionsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfOutstandingShareOptions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfOutstandingShareOptions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_NumberOfOutstandingShareOptions_lbl" xml:lang="en-US">Outstanding Beginning, Number of Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfOutstandingShareOptions" xlink:to="ifrs-full_NumberOfOutstandingShareOptions_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_NumberOfOutstandingShareOptions_lbl0" xml:lang="en-US">Outstanding ending, Number of Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfOutstandingShareOptions" xlink:to="ifrs-full_NumberOfOutstandingShareOptions_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Outstanding Beginning, Weighted Average Exercise Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_lbl0" xml:lang="en-US">Outstanding ending, Weighted Average Exercise Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfRsusAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfRsusAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfRsusAbstract_lbl" xml:lang="en-US">Schedule of RSUs [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfRsusAbstract" xlink:to="bitf_ScheduleOfRsusAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfOutstandingShareRSU" xlink:href="bitf-20231231.xsd#bitf_NumberOfOutstandingShareRSU"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bitf_NumberOfOutstandingShareRSU_lbl" xml:lang="en-US">Outstanding Beginning, Number of RSUs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfOutstandingShareRSU" xlink:to="bitf_NumberOfOutstandingShareRSU_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bitf_NumberOfOutstandingShareRSU_lbl0" xml:lang="en-US">Outstanding ending, Number of RSUs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfOutstandingShareRSU" xlink:to="bitf_NumberOfOutstandingShareRSU_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_WeightedAverageGrantPriceRSU" xlink:href="bitf-20231231.xsd#bitf_WeightedAverageGrantPriceRSU"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bitf_WeightedAverageGrantPriceRSU_lbl" xml:lang="en-US">Outstanding Beginning, Weighted Average Grant Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageGrantPriceRSU" xlink:to="bitf_WeightedAverageGrantPriceRSU_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bitf_WeightedAverageGrantPriceRSU_lbl0" xml:lang="en-US">Outstanding ending, Weighted Average Grant Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageGrantPriceRSU" xlink:to="bitf_WeightedAverageGrantPriceRSU_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantoryAbstract" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantoryAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantoryAbstract_lbl" xml:lang="en-US">Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantoryAbstract" xlink:to="bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantoryAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TotalGeneralAndAdministrationExpense" xlink:href="bitf-20231231.xsd#bitf_TotalGeneralAndAdministrationExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bitf_TotalGeneralAndAdministrationExpense_lbl" xml:lang="en-US">General and administrative expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalGeneralAndAdministrationExpense" xlink:to="bitf_TotalGeneralAndAdministrationExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfGeographicalAreasAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfGeographicalAreasAbstract_lbl" xml:lang="en-US">Geographical Information [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfGeographicalAreasAbstract" xlink:to="ifrs-full_DisclosureOfGeographicalAreasAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdditionalDetailsToTheStatementsOfCashFlowsAbstract" xlink:href="bitf-20231231.xsd#bitf_AdditionalDetailsToTheStatementsOfCashFlowsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionalDetailsToTheStatementsOfCashFlowsAbstract_lbl" xml:lang="en-US">Additional Details to the Statements of Cash Flows [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalDetailsToTheStatementsOfCashFlowsAbstract" xlink:to="bitf_AdditionalDetailsToTheStatementsOfCashFlowsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_lbl" xml:lang="en-US">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:to="ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AssetsAbstract_lbl" xml:lang="en-US">Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAbstract" xlink:to="ifrs-full_AssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentAssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentAssetsAbstract_lbl" xml:lang="en-US">Current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsAbstract" xlink:to="ifrs-full_CurrentAssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentTradeReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentTradeReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentTradeReceivables_lbl" xml:lang="en-US">Trade receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTradeReceivables" xlink:to="ifrs-full_CurrentTradeReceivables_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherCurrentAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherCurrentAssets_lbl" xml:lang="en-US">Other assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentAssets" xlink:to="ifrs-full_OtherCurrentAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CurrentShorttermPrepaidDeposits" xlink:href="bitf-20231231.xsd#bitf_CurrentShorttermPrepaidDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CurrentShorttermPrepaidDeposits_lbl" xml:lang="en-US">Short-term prepaid deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CurrentShorttermPrepaidDeposits" xlink:to="bitf_CurrentShorttermPrepaidDeposits_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax_lbl" xml:lang="en-US">Taxes receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DigitalAsset" xlink:href="bitf-20231231.xsd#bitf_DigitalAsset"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DigitalAsset_lbl" xml:lang="en-US">Digital assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DigitalAsset" xlink:to="bitf_DigitalAsset_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DigitalAssetsPledgedAsCollateral" xlink:href="bitf-20231231.xsd#bitf_DigitalAssetsPledgedAsCollateral"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DigitalAssetsPledgedAsCollateral_lbl" xml:lang="en-US">Digital assets - pledged as collateral</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DigitalAssetsPledgedAsCollateral" xlink:to="bitf_DigitalAssetsPledgedAsCollateral_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentDerivativeFinancialAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_lbl" xml:lang="en-US">Derivative assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DerivativeFinancialAssetsHeldForTrading" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DerivativeFinancialAssetsHeldForTrading"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DerivativeFinancialAssetsHeldForTrading_lbl" xml:lang="en-US">Assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialAssetsHeldForTrading" xlink:to="ifrs-full_DerivativeFinancialAssetsHeldForTrading_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentAssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentAssetsAbstract_lbl" xml:lang="en-US">Non-current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsAbstract" xlink:to="ifrs-full_NoncurrentAssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xml:lang="en-US">Property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RightofuseAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RightofuseAssets_lbl" xml:lang="en-US">Right-of-use assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentReceivables_lbl" xml:lang="en-US">Long-term deposits, equipment prepayments and other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentReceivables" xlink:to="ifrs-full_NoncurrentReceivables_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Intangible assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_Goodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Goodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Goodwill_lbl" xml:lang="en-US">Goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Goodwill" xlink:to="ifrs-full_Goodwill_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DeferredTaxAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DeferredTaxAssets_lbl" xml:lang="en-US">Deferred tax asset</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxAssets" xlink:to="ifrs-full_DeferredTaxAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_LiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LiabilitiesAbstract_lbl" xml:lang="en-US">Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesAbstract" xlink:to="ifrs-full_LiabilitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentLiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_lbl" xml:lang="en-US">Current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilitiesAbstract" xlink:to="ifrs-full_CurrentLiabilitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherCurrentPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl" xml:lang="en-US">Trade payables and accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCurrentFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherCurrentFinancialLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherCurrentFinancialLiabilities_lbl" xml:lang="en-US">Current portion of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentFinancialLiabilities" xlink:to="ifrs-full_OtherCurrentFinancialLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentLeaseLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentLeaseLiabilities_lbl" xml:lang="en-US">Current portion of lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CurrentCreditFacility" xlink:href="bitf-20231231.xsd#bitf_CurrentCreditFacility"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CurrentCreditFacility_lbl" xml:lang="en-US">Credit facility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CurrentCreditFacility" xlink:to="bitf_CurrentCreditFacility_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl" xml:lang="en-US">Taxes payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WarrantLiability" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WarrantLiability"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WarrantLiability_lbl" xml:lang="en-US">Warrant liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WarrantLiability" xlink:to="ifrs-full_WarrantLiability_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentLiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xml:lang="en-US">Non-current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="ifrs-full_NoncurrentLiabilitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_LongtermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LongtermBorrowings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LongtermBorrowings_lbl" xml:lang="en-US">Long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentLeaseLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_lbl" xml:lang="en-US">Lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_lbl0" xml:lang="en-US">Non-current portion of lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetRetirementProvision" xlink:href="bitf-20231231.xsd#bitf_AssetRetirementProvision"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AssetRetirementProvision_lbl" xml:lang="en-US">Asset retirement provision</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetRetirementProvision" xlink:to="bitf_AssetRetirementProvision_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DeferredTaxLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DeferredTaxLiabilities_lbl" xml:lang="en-US">Deferred tax liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_EquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EquityAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EquityAbstract_lbl" xml:lang="en-US">Shareholders&#8217; equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IssuedCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IssuedCapital"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IssuedCapital_lbl" xml:lang="en-US">Share capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ContributedSurplus" xlink:href="bitf-20231231.xsd#bitf_ContributedSurplus"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ContributedSurplus_lbl" xml:lang="en-US">Contributed surplus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ContributedSurplus" xlink:to="bitf_ContributedSurplus_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RevaluationSurplus" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RevaluationSurplus"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RevaluationSurplus_lbl" xml:lang="en-US">Revaluation surplus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevaluationSurplus" xlink:to="ifrs-full_RevaluationSurplus_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RetainedEarnings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RetainedEarnings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RetainedEarnings_lbl" xml:lang="en-US">Accumulated deficit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarnings" xlink:to="ifrs-full_RetainedEarnings_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_Revenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Revenue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Revenue_lbl" xml:lang="en-US">Revenues</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OperatingExpenseAbstract" xlink:href="bitf-20231231.xsd#bitf_OperatingExpenseAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OperatingExpenseAbstract_lbl" xml:lang="en-US">Operating expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OperatingExpenseAbstract" xlink:to="bitf_OperatingExpenseAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost_lbl" xml:lang="en-US">Realized loss on disposition of digital assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost" xlink:to="ifrs-full_GainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment_lbl" xml:lang="en-US">Loss on disposition of property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xlink:to="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US">Other comprehensive income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_OtherComprehensiveIncomeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract" xlink:href="bitf-20231231.xsd#bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract_lbl" xml:lang="en-US">Item that will not be reclassified to profit or loss:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract" xlink:to="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_lbl" xml:lang="en-US">Change in revaluation surplus - digital assets, net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_lbl0" xml:lang="en-US">Gain on digital assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_BasicEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BasicEarningsLossPerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl" xml:lang="en-US">Basic (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DilutedEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DilutedEarningsLossPerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DilutedEarningsLossPerShare_lbl" xml:lang="en-US">Diluted (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract_lbl" xml:lang="en-US">Weighted average number of common shares outstanding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract" xlink:to="ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageShares_lbl" xml:lang="en-US">Basic (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustedWeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustedWeightedAverageShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustedWeightedAverageShares_lbl" xml:lang="en-US">Diluted (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustedWeightedAverageShares" xlink:to="ifrs-full_AdjustedWeightedAverageShares_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax" xlink:href="bitf-20231231.xsd#bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax_lbl" xml:lang="en-US">Change in revaluation surplus - digital assets, net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax" xlink:to="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax" xlink:href="bitf-20231231.xsd#bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax_lbl" xml:lang="en-US">Transfer of revaluation surplus on disposal of digital assets to accumulated deficit, net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax" xlink:to="bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" xml:lang="en-US">Share-based payment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IssueOfEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IssueOfEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IssueOfEquity_lbl" xml:lang="en-US">Issuance of common shares and warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants" xlink:href="bitf-20231231.xsd#bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants_lbl" xml:lang="en-US">Issuance of common shares and warrants (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants" xlink:to="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits" xlink:href="bitf-20231231.xsd#bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits_lbl" xml:lang="en-US">Settlement of restricted share units</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits" xlink:to="bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits" xlink:href="bitf-20231231.xsd#bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits_lbl" xml:lang="en-US">Settlement of restricted share units (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits" xlink:to="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants" xlink:href="bitf-20231231.xsd#bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants_lbl" xml:lang="en-US">Exercise of stock options and warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants" xlink:to="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesExerciseOfStockOptionsAndWarrantsinShares" xlink:href="bitf-20231231.xsd#bitf_IncreaseDecreaseInNumberOfSharesExerciseOfStockOptionsAndWarrantsinShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesExerciseOfStockOptionsAndWarrantsinShares_lbl" xml:lang="en-US">Exercise of stock options and warrants (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseInNumberOfSharesExerciseOfStockOptionsAndWarrantsinShares" xlink:to="bitf_IncreaseDecreaseInNumberOfSharesExerciseOfStockOptionsAndWarrantsinShares_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IncreaseDecreaseThroughDeferredTaxExpenseRelatedToEquityIssuanceCosts" xlink:href="bitf-20231231.xsd#bitf_IncreaseDecreaseThroughDeferredTaxExpenseRelatedToEquityIssuanceCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IncreaseDecreaseThroughDeferredTaxExpenseRelatedToEquityIssuanceCosts_lbl" xml:lang="en-US">Deferred tax expense related to equity issuance costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseThroughDeferredTaxExpenseRelatedToEquityIssuanceCosts" xlink:to="bitf_IncreaseDecreaseThroughDeferredTaxExpenseRelatedToEquityIssuanceCosts_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows used in operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl0" xml:lang="en-US">Cash flows from (used in) operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl1" xml:lang="en-US">(Increase) decrease in taxes resulting from:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl1"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xml:lang="en-US">Adjustments for:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_lbl" xml:lang="en-US">Depreciation and amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Impairment on short-term prepaid deposits, equipment and construction prepayments, property, plant and equipment and right-of-use assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl" xml:lang="en-US">Impairment on goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdjustmentsForProceedsFromSaleOfDigitalAssetsEarned" xlink:href="bitf-20231231.xsd#bitf_AdjustmentsForProceedsFromSaleOfDigitalAssetsEarned"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdjustmentsForProceedsFromSaleOfDigitalAssetsEarned_lbl" xml:lang="en-US">Digital assets earned</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsForProceedsFromSaleOfDigitalAssetsEarned" xlink:to="bitf_AdjustmentsForProceedsFromSaleOfDigitalAssetsEarned_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdjustmentsForLossesGainsRealizedOnDispositionOfDigitalAssets" xlink:href="bitf-20231231.xsd#bitf_AdjustmentsForLossesGainsRealizedOnDispositionOfDigitalAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdjustmentsForLossesGainsRealizedOnDispositionOfDigitalAssets_lbl" xml:lang="en-US">Realized loss on disposition of digital assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsForLossesGainsRealizedOnDispositionOfDigitalAssets" xlink:to="bitf_AdjustmentsForLossesGainsRealizedOnDispositionOfDigitalAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdjustmentsForReversalOfRevaluationLossOnDigitalAssets" xlink:href="bitf-20231231.xsd#bitf_AdjustmentsForReversalOfRevaluationLossOnDigitalAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdjustmentsForReversalOfRevaluationLossOnDigitalAssets_lbl" xml:lang="en-US">Reversal of revaluation loss on digital assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsForReversalOfRevaluationLossOnDigitalAssets" xlink:to="bitf_AdjustmentsForReversalOfRevaluationLossOnDigitalAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForSharebasedPayments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xml:lang="en-US">Share-based payment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl" xml:lang="en-US">Income tax recovery</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital_lbl" xml:lang="en-US">Changes in non-cash working capital components</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital" xlink:to="ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl0" xml:lang="en-US">Cash flows from (used in) investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Proceeds from sale of digital assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Proceeds from sale of property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ProceedsFromDispositionOfMarketableSecurities" xlink:href="bitf-20231231.xsd#bitf_ProceedsFromDispositionOfMarketableSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ProceedsFromDispositionOfMarketableSecurities_lbl" xml:lang="en-US">Proceeds from disposition of marketable securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromDispositionOfMarketableSecurities" xlink:to="bitf_ProceedsFromDispositionOfMarketableSecurities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Proceeds from sale of digital assets purchased</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromIssuingShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromIssuingShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromIssuingShares_lbl" xml:lang="en-US">Issuance of common shares and warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssuingShares" xlink:to="ifrs-full_ProceedsFromIssuingShares_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProceedsFromIssuingShares_lbl0" xml:lang="en-US">Common shares proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssuingShares" xlink:to="ifrs-full_ProceedsFromIssuingShares_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromNoncurrentBorrowings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromNoncurrentBorrowings_lbl" xml:lang="en-US">Proceeds from long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:to="ifrs-full_ProceedsFromNoncurrentBorrowings_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants" xlink:href="bitf-20231231.xsd#bitf_ProceedsFromExerciseOfStockOptionsAndWarrants"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants_lbl" xml:lang="en-US">Exercise of stock options and warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants" xlink:to="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Proceeds from credit facility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xml:lang="en-US">Exchange rate differences on currency translation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CostOfSales" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CostOfSales"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CostOfSales_lbl" xml:lang="en-US">Cost of revenues</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="ifrs-full_CostOfSales_lbl0" xml:lang="en-US">Cost of revenues</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GeneralAndAdministrativeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GeneralAndAdministrativeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US">General and administrative expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ReversalOfRevaluationLossOnDigitalsAssets" xlink:href="bitf-20231231.xsd#bitf_ReversalOfRevaluationLossOnDigitalsAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_ReversalOfRevaluationLossOnDigitalsAssets_lbl" xml:lang="en-US">Reversal of revaluation loss on digital assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ReversalOfRevaluationLossOnDigitalsAssets" xlink:to="bitf_ReversalOfRevaluationLossOnDigitalsAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9_lbl" xml:lang="en-US">Impairment on short-term prepaid deposits, equipment and construction prepayments, property, plant and equipment and right-of-use assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" xlink:to="ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxEffectOfImpairmentOfGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TaxEffectOfImpairmentOfGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TaxEffectOfImpairmentOfGoodwill_lbl" xml:lang="en-US">Impairment on goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxEffectOfImpairmentOfGoodwill" xlink:to="ifrs-full_TaxEffectOfImpairmentOfGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetFinancialincomeExpense" xlink:href="bitf-20231231.xsd#bitf_NetFinancialincomeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_NetFinancialincomeExpense_lbl" xml:lang="en-US">Net financial (expenses) income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetFinancialincomeExpense" xlink:to="bitf_NetFinancialincomeExpense_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetFinancialincomeExpense_lbl0" xml:lang="en-US">Net financial expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetFinancialincomeExpense" xlink:to="bitf_NetFinancialincomeExpense_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xml:lang="en-US">Income tax recovery</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl0" xml:lang="en-US">Income tax recovery</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForFinanceIncomeCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForFinanceIncomeCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForFinanceIncomeCost_lbl" xml:lang="en-US">Net financial expenses (income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForFinanceIncomeCost" xlink:to="ifrs-full_AdjustmentsForFinanceIncomeCost_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Loss on disposition of property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForFinanceCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForFinanceCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForFinanceCosts_lbl" xml:lang="en-US">Interest and financial expenses paid</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForFinanceCosts" xlink:to="ifrs-full_AdjustmentsForFinanceCosts_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" xml:lang="en-US">Income taxes refunded (paid)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Purchase of property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Purchase of marketable securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Acquisitions of assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities" xlink:href="bitf-20231231.xsd#bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Purchase of digital assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities" xlink:to="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PrepaymentOfEquipmentAndConstructionPrepayments" xlink:href="bitf-20231231.xsd#bitf_PrepaymentOfEquipmentAndConstructionPrepayments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_PrepaymentOfEquipmentAndConstructionPrepayments_lbl" xml:lang="en-US">Equipment and construction prepayments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PrepaymentOfEquipmentAndConstructionPrepayments" xlink:to="bitf_PrepaymentOfEquipmentAndConstructionPrepayments_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl" xml:lang="en-US">Repayment of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Repayment of lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl0" xml:lang="en-US">Lease liability payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Repayment of credit facility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl"/>
    <loc xlink:type="locator" xlink:label="dei_BusinessContactMember" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_BusinessContactMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_BusinessContactMember_lbl" xml:lang="en-US">Business Contact</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_BusinessContactMember" xlink:to="dei_BusinessContactMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OrdinarySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OrdinarySharesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OrdinarySharesMember_lbl" xml:lang="en-US">Number of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OrdinarySharesMember" xlink:to="ifrs-full_OrdinarySharesMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OrdinarySharesMember_lbl0" xml:lang="en-US">Common Shares [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OrdinarySharesMember" xlink:to="ifrs-full_OrdinarySharesMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IssuedCapitalMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IssuedCapitalMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IssuedCapitalMember_lbl" xml:lang="en-US">Share capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapitalMember" xlink:to="ifrs-full_IssuedCapitalMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ContributedsurplusMember" xlink:href="bitf-20231231.xsd#bitf_ContributedsurplusMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ContributedsurplusMember_lbl" xml:lang="en-US">Contributed surplus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ContributedsurplusMember" xlink:to="bitf_ContributedsurplusMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RetainedEarningsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RetainedEarningsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RetainedEarningsMember_lbl" xml:lang="en-US">Accumulated deficit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarningsMember" xlink:to="ifrs-full_RetainedEarningsMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RevaluationSurplusMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RevaluationSurplusMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RevaluationSurplusMember_lbl" xml:lang="en-US">Revaluation surplus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevaluationSurplusMember" xlink:to="ifrs-full_RevaluationSurplusMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlock" xlink:href="bitf-20231231.xsd#bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlock_lbl" xml:lang="en-US">NATURE OF OPERATIONS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlock" xlink:to="bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfFinancialStatementsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfFinancialStatementsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ScheduleOfFinancialStatementsTableTextBlock_lbl" xml:lang="en-US">Schedule of Financial Statements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfFinancialStatementsTableTextBlock" xlink:to="bitf_ScheduleOfFinancialStatementsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfNatureOfFinancialStatements" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfNatureOfFinancialStatements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfNatureOfFinancialStatements_lbl" xml:lang="en-US">Financial statements terms</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureOfFinancialStatements" xlink:to="ifrs-full_DescriptionOfNatureOfFinancialStatements_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfManagingLiquidityRisk" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfManagingLiquidityRisk"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfManagingLiquidityRisk_lbl" xml:lang="en-US">LIQUIDITY</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfManagingLiquidityRisk" xlink:to="ifrs-full_DescriptionOfManagingLiquidityRisk_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" xml:lang="en-US">BASIS OF PRESENTATION AND MATERIAL ACCOUNTING POLICY INFORMATION</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:to="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutRightOfUseOfAssets" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutRightOfUseOfAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutRightOfUseOfAssets_lbl" xml:lang="en-US">Schedule of Right-of-Use Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutRightOfUseOfAssets" xlink:to="bitf_DisclosureOfDetailedInformationAboutRightOfUseOfAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DepreciationMethodPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DepreciationMethodPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DepreciationMethodPropertyPlantAndEquipment_lbl" xml:lang="en-US">Depreciation Method</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationMethodPropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationMethodPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_lbl" xml:lang="en-US">Depreciation period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory_lbl" xml:lang="en-US">Schedule of Property, Plant and Equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DepreciationMethodBiologicalAssetsAtCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DepreciationMethodBiologicalAssetsAtCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DepreciationMethodBiologicalAssetsAtCost_lbl" xml:lang="en-US">Depreciation Method</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationMethodBiologicalAssetsAtCost" xlink:to="ifrs-full_DepreciationMethodBiologicalAssetsAtCost_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_MeasurementBasesPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_MeasurementBasesPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_MeasurementBasesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Depreciation period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MeasurementBasesPropertyPlantAndEquipment" xlink:to="ifrs-full_MeasurementBasesPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DepreciationRatePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DepreciationRatePropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DepreciationRatePropertyPlantAndEquipment_lbl" xml:lang="en-US">Depreciation period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRatePropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationRatePropertyPlantAndEquipment_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DepreciationRatePropertyPlantAndEquipment_lbl0" xml:lang="en-US">Percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRatePropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationRatePropertyPlantAndEquipment_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutDepreciationMethodExplanatory" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutDepreciationMethodExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutDepreciationMethodExplanatory_lbl" xml:lang="en-US">Schedule of Years Depreciation Method</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutDepreciationMethodExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutDepreciationMethodExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DepreciationRatePropertyPlantAndEquipments" xlink:href="bitf-20231231.xsd#bitf_DepreciationRatePropertyPlantAndEquipments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DepreciationRatePropertyPlantAndEquipments_lbl" xml:lang="en-US">Rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DepreciationRatePropertyPlantAndEquipments" xlink:to="bitf_DepreciationRatePropertyPlantAndEquipments_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfIntangibleAssetsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfIntangibleAssetsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ScheduleOfIntangibleAssetsTableTextBlock_lbl" xml:lang="en-US">Schedule of Intangible Assets are Amortized</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfIntangibleAssetsTableTextBlock" xlink:to="bitf_ScheduleOfIntangibleAssetsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DescriptionOFAmortizationMethod" xlink:href="bitf-20231231.xsd#bitf_DescriptionOFAmortizationMethod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DescriptionOFAmortizationMethod_lbl" xml:lang="en-US">Amortization Method</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DescriptionOFAmortizationMethod" xlink:to="bitf_DescriptionOFAmortizationMethod_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DescriptionOfAmortizationPeriod" xlink:href="bitf-20231231.xsd#bitf_DescriptionOfAmortizationPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DescriptionOfAmortizationPeriod_lbl" xml:lang="en-US">Amortization period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DescriptionOfAmortizationPeriod" xlink:to="bitf_DescriptionOfAmortizationPeriod_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_lbl" xml:lang="en-US">Schedule of Assets and liabilities Measured at Fair Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfInputsUsedInFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfInputsUsedInFairValueMeasurementAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfInputsUsedInFairValueMeasurementAssets_lbl" xml:lang="en-US">Fair value measurement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfInputsUsedInFairValueMeasurementAssets" xlink:to="ifrs-full_DescriptionOfInputsUsedInFairValueMeasurementAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfConsolidatedStatementsOfCashFlowsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsTableTextBlock_lbl" xml:lang="en-US">Schedule of Consolidated Statements of Cash Flows</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsTableTextBlock" xlink:to="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdjustmentsForAbstract" xlink:href="bitf-20231231.xsd#bitf_AdjustmentsForAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdjustmentsForAbstract_lbl" xml:lang="en-US">Adjustments for:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsForAbstract" xlink:to="bitf_AdjustmentsForAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_lbl" xml:lang="en-US">Proceeds from sale of digital assets earned</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ProceedsFromSaleOfDigitalAssetsEarned" xlink:href="bitf-20231231.xsd#bitf_ProceedsFromSaleOfDigitalAssetsEarned"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ProceedsFromSaleOfDigitalAssetsEarned_lbl" xml:lang="en-US">Proceeds from sale of digital assets earned</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromSaleOfDigitalAssetsEarned" xlink:to="bitf_ProceedsFromSaleOfDigitalAssetsEarned_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CashFlowsFromUsedInOperatingActivitiesAbstract0" xlink:href="bitf-20231231.xsd#bitf_CashFlowsFromUsedInOperatingActivitiesAbstract0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CashFlowsFromUsedInOperatingActivitiesAbstract0_lbl" xml:lang="en-US">Cash flows from (used in) operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CashFlowsFromUsedInOperatingActivitiesAbstract0" xlink:to="bitf_CashFlowsFromUsedInOperatingActivitiesAbstract0_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdjustmentsForAbstract0" xlink:href="bitf-20231231.xsd#bitf_AdjustmentsForAbstract0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdjustmentsForAbstract0_lbl" xml:lang="en-US">Adjustments for:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsForAbstract0" xlink:to="bitf_AdjustmentsForAbstract0_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CashFlowsFromUsedInInvestingActivitiesAbstract0" xlink:href="bitf-20231231.xsd#bitf_CashFlowsFromUsedInInvestingActivitiesAbstract0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CashFlowsFromUsedInInvestingActivitiesAbstract0_lbl" xml:lang="en-US">Cash flows from (used in) investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CashFlowsFromUsedInInvestingActivitiesAbstract0" xlink:to="bitf_CashFlowsFromUsedInInvestingActivitiesAbstract0_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutIConsolidatedStatementsOfFinancialPositionTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutIConsolidatedStatementsOfFinancialPositionTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutIConsolidatedStatementsOfFinancialPositionTableTextBlock_lbl" xml:lang="en-US">Schedule of Consolidated Statements of Financial Position</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutIConsolidatedStatementsOfFinancialPositionTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutIConsolidatedStatementsOfFinancialPositionTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock_lbl" xml:lang="en-US">Schedule of Consolidated Statements of Profit or Loss and Comprehensive Profit or Loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FinanceIncomeCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinanceIncomeCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinanceIncomeCost_lbl" xml:lang="en-US">Net financial income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncomeCost" xlink:to="ifrs-full_FinanceIncomeCost_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinanceIncomeCost_lbl0" xml:lang="en-US">Net financial expenses (income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncomeCost" xlink:to="ifrs-full_FinanceIncomeCost_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TaxExpenseIncomeAtApplicableTaxRate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl" xml:lang="en-US">Net loss before income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:to="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl0" xml:lang="en-US">Income tax recovery at statutory rate, amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:to="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_OtherComprehensiveIncomeLossAbstract" xlink:href="bitf-20231231.xsd#bitf_OtherComprehensiveIncomeLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OtherComprehensiveIncomeLossAbstract_lbl" xml:lang="en-US">Other comprehensive income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OtherComprehensiveIncomeLossAbstract" xlink:to="bitf_OtherComprehensiveIncomeLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract0" xlink:href="bitf-20231231.xsd#bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract0_lbl" xml:lang="en-US">Item that will not be reclassified to profit or loss:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract0" xlink:to="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract0_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" xml:lang="en-US">Total comprehensive loss, net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LossPerShareAbstract" xlink:href="bitf-20231231.xsd#bitf_LossPerShareAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LossPerShareAbstract_lbl" xml:lang="en-US">Loss per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LossPerShareAbstract" xlink:to="bitf_LossPerShareAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WeightedAverageNumberOfCommonSharesOutstandingAbstract" xlink:href="bitf-20231231.xsd#bitf_WeightedAverageNumberOfCommonSharesOutstandingAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WeightedAverageNumberOfCommonSharesOutstandingAbstract_lbl" xml:lang="en-US">Weighted average number of common shares outstanding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageNumberOfCommonSharesOutstandingAbstract" xlink:to="bitf_WeightedAverageNumberOfCommonSharesOutstandingAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl" xml:lang="en-US">SIGNIFICANT ACCOUNTING JUDGMENTS AND ESTIMATES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:to="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfAcquisitionsOfAssetsTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfAcquisitionsOfAssetsTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfAcquisitionsOfAssetsTextBlock_lbl" xml:lang="en-US">ACQUISITIONS OF ASSETS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfAcquisitionsOfAssetsTextBlock" xlink:to="bitf_DisclosureOfAcquisitionsOfAssetsTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutPurchasePriceAndTheNetAssetsAcquiredtableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutPurchasePriceAndTheNetAssetsAcquiredtableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutPurchasePriceAndTheNetAssetsAcquiredtableTextBlock_lbl" xml:lang="en-US">Schedule of Purchase Price and the Net Assets Acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutPurchasePriceAndTheNetAssetsAcquiredtableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutPurchasePriceAndTheNetAssetsAcquiredtableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PurchasePriceAbstract" xlink:href="bitf-20231231.xsd#bitf_PurchasePriceAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PurchasePriceAbstract_lbl" xml:lang="en-US">Purchase price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchasePriceAbstract" xlink:to="bitf_PurchasePriceAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashOnHand" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashOnHand"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashOnHand_lbl" xml:lang="en-US">Cash consideration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashOnHand" xlink:to="ifrs-full_CashOnHand_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ShareIssueRelatedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ShareIssueRelatedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ShareIssueRelatedCost_lbl" xml:lang="en-US">Value of 821,000 common shares transferred at closing</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareIssueRelatedCost" xlink:to="ifrs-full_ShareIssueRelatedCost_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CommonSharesTransferredAtClosing" xlink:href="bitf-20231231.xsd#bitf_CommonSharesTransferredAtClosing"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CommonSharesTransferredAtClosing_lbl" xml:lang="en-US">Common shares transferred at closing</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CommonSharesTransferredAtClosing" xlink:to="bitf_CommonSharesTransferredAtClosing_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TransactionCosts" xlink:href="bitf-20231231.xsd#bitf_TransactionCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TransactionCosts_lbl" xml:lang="en-US">Transaction costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TransactionCosts" xlink:to="bitf_TransactionCosts_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PurchasePriceTotal" xlink:href="bitf-20231231.xsd#bitf_PurchasePriceTotal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PurchasePriceTotal_lbl" xml:lang="en-US">Total purchase price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchasePriceTotal" xlink:to="bitf_PurchasePriceTotal_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetAssetsAcquiredAbstract" xlink:href="bitf-20231231.xsd#bitf_NetAssetsAcquiredAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetAssetsAcquiredAbstract_lbl" xml:lang="en-US">Net assets acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetAssetsAcquiredAbstract" xlink:to="bitf_NetAssetsAcquiredAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DepositsFromBanks" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DepositsFromBanks"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DepositsFromBanks_lbl" xml:lang="en-US">Security deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepositsFromBanks" xlink:to="ifrs-full_DepositsFromBanks_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeaseholdImprovements" xlink:href="bitf-20231231.xsd#bitf_LeaseholdImprovements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LeaseholdImprovements_lbl" xml:lang="en-US">Leasehold improvements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseholdImprovements" xlink:to="bitf_LeaseholdImprovements_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IntangibleAccessRightsToElectricity" xlink:href="bitf-20231231.xsd#bitf_IntangibleAccessRightsToElectricity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IntangibleAccessRightsToElectricity_lbl" xml:lang="en-US">Intangible - access rights to electricity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IntangibleAccessRightsToElectricity" xlink:to="bitf_IntangibleAccessRightsToElectricity_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetAssetsAcquiredTotal" xlink:href="bitf-20231231.xsd#bitf_NetAssetsAcquiredTotal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetAssetsAcquiredTotal_lbl" xml:lang="en-US">Total net assets acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetAssetsAcquiredTotal" xlink:to="bitf_NetAssetsAcquiredTotal_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PurchasePriceAbstract0" xlink:href="bitf-20231231.xsd#bitf_PurchasePriceAbstract0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PurchasePriceAbstract0_lbl" xml:lang="en-US">Purchase price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchasePriceAbstract0" xlink:to="bitf_PurchasePriceAbstract0_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CashConsiderationPayable" xlink:href="bitf-20231231.xsd#bitf_CashConsiderationPayable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CashConsiderationPayable_lbl" xml:lang="en-US">Cash consideration payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CashConsiderationPayable" xlink:to="bitf_CashConsiderationPayable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetAssetsAcquiredAbstract0" xlink:href="bitf-20231231.xsd#bitf_NetAssetsAcquiredAbstract0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetAssetsAcquiredAbstract0_lbl" xml:lang="en-US">Net assets acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetAssetsAcquiredAbstract0" xlink:to="bitf_NetAssetsAcquiredAbstract0_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherCashAndCashEquivalents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherCashAndCashEquivalents_lbl" xml:lang="en-US">Cash, cash equivalent and other current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCashAndCashEquivalents" xlink:to="ifrs-full_OtherCashAndCashEquivalents_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherCashAndCashEquivalents_lbl0" xml:lang="en-US">Cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCashAndCashEquivalents" xlink:to="ifrs-full_OtherCashAndCashEquivalents_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl" xml:lang="en-US">CASH</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock_lbl" xml:lang="en-US">Schedule of Cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_Cash" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Cash"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Cash_lbl" xml:lang="en-US">Cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Cash" xlink:to="ifrs-full_Cash_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl" xml:lang="en-US">TRADE RECEIVABLES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfCreditRiskExposureExplanatory_lbl" xml:lang="en-US">Schedule of Credit Risk Exposure of the Company&#8217;s Trade Receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:to="ifrs-full_DisclosureOfCreditRiskExposureExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TradeReceivable" xlink:href="bitf-20231231.xsd#bitf_TradeReceivable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TradeReceivable_lbl" xml:lang="en-US">Trade receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradeReceivable" xlink:to="bitf_TradeReceivable_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory_lbl" xml:lang="en-US">OTHER ASSETS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock_lbl" xml:lang="en-US">Schedule of Other Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ElectricityCreditReceivable" xlink:href="bitf-20231231.xsd#bitf_ElectricityCreditReceivable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ElectricityCreditReceivable_lbl" xml:lang="en-US">Sales taxes receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ElectricityCreditReceivable" xlink:to="bitf_ElectricityCreditReceivable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ElectricalComponentInventory" xlink:href="bitf-20231231.xsd#bitf_ElectricalComponentInventory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ElectricalComponentInventory_lbl" xml:lang="en-US">Electrical component inventory</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ElectricalComponentInventory" xlink:to="bitf_ElectricalComponentInventory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherReceivables_lbl" xml:lang="en-US">Other receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReceivables" xlink:to="ifrs-full_OtherReceivables_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherAssets_lbl" xml:lang="en-US">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAssets" xlink:to="ifrs-full_OtherAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDigitalAssetsExplanatoryTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDigitalAssetsExplanatoryTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDigitalAssetsExplanatoryTextBlock_lbl" xml:lang="en-US">DIGITAL ASSETS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDigitalAssetsExplanatoryTextBlock" xlink:to="bitf_DisclosureOfDigitalAssetsExplanatoryTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesExplanatoryTextBlock" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesExplanatoryTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesExplanatoryTextBlock_lbl" xml:lang="en-US">Schedule of Bitcoin Transactions and the Corresponding Values</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesExplanatoryTextBlock" xlink:to="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesExplanatoryTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BalanceOfDigitalAssetsIncludingDigitalAssetsPledgedAsCollateralBeginningBalanceQuantity" xlink:href="bitf-20231231.xsd#bitf_BalanceOfDigitalAssetsIncludingDigitalAssetsPledgedAsCollateralBeginningBalanceQuantity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BalanceOfDigitalAssetsIncludingDigitalAssetsPledgedAsCollateralBeginningBalanceQuantity_lbl" xml:lang="en-US">Balance of digital assets including digital assets pledged as collateral beginning balance, Quantity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BalanceOfDigitalAssetsIncludingDigitalAssetsPledgedAsCollateralBeginningBalanceQuantity" xlink:to="bitf_BalanceOfDigitalAssetsIncludingDigitalAssetsPledgedAsCollateralBeginningBalanceQuantity_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ValueOfDigitalAssets" xlink:href="bitf-20231231.xsd#bitf_ValueOfDigitalAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ValueOfDigitalAssets_lbl" xml:lang="en-US">Balance of digital assets including digital assets pledged as collateral beginning balance, Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueOfDigitalAssets" xlink:to="bitf_ValueOfDigitalAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityOfBitcoinEarned" xlink:href="bitf-20231231.xsd#bitf_QuantityOfBitcoinEarned"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_QuantityOfBitcoinEarned_lbl" xml:lang="en-US">BTC earned, Quantity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfBitcoinEarned" xlink:to="bitf_QuantityOfBitcoinEarned_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitcoinarnedValue" xlink:href="bitf-20231231.xsd#bitf_BitcoinarnedValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitcoinarnedValue_lbl" xml:lang="en-US">BTC earned, Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinarnedValue" xlink:to="bitf_BitcoinarnedValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityOfBitcoinPurchased" xlink:href="bitf-20231231.xsd#bitf_QuantityOfBitcoinPurchased"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_QuantityOfBitcoinPurchased_lbl" xml:lang="en-US">BTC purchased, Quantity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfBitcoinPurchased" xlink:to="bitf_QuantityOfBitcoinPurchased_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitcoinPurchasedValue" xlink:href="bitf-20231231.xsd#bitf_BitcoinPurchasedValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitcoinPurchasedValue_lbl" xml:lang="en-US">BTC purchased, Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinPurchasedValue" xlink:to="bitf_BitcoinPurchasedValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitcoinExchangedForCashAndServices" xlink:href="bitf-20231231.xsd#bitf_BitcoinExchangedForCashAndServices"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitcoinExchangedForCashAndServices_lbl" xml:lang="en-US">BTC exchanged for cash and services, Quantity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinExchangedForCashAndServices" xlink:to="bitf_BitcoinExchangedForCashAndServices_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitcoinExchangedForCashAndServicesValue" xlink:href="bitf-20231231.xsd#bitf_BitcoinExchangedForCashAndServicesValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitcoinExchangedForCashAndServicesValue_lbl" xml:lang="en-US">BTC exchanged for cash and services, Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinExchangedForCashAndServicesValue" xlink:to="bitf_BitcoinExchangedForCashAndServicesValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityOfGainLossOnDispositionOfBitcoin" xlink:href="bitf-20231231.xsd#bitf_QuantityOfGainLossOnDispositionOfBitcoin"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_QuantityOfGainLossOnDispositionOfBitcoin_lbl" xml:lang="en-US">Realized gain (loss) on disposition of digital assets, Quantity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfGainLossOnDispositionOfBitcoin" xlink:to="bitf_QuantityOfGainLossOnDispositionOfBitcoin_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GainLossOnDispositionOfBitcoinValue" xlink:href="bitf-20231231.xsd#bitf_GainLossOnDispositionOfBitcoinValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_GainLossOnDispositionOfBitcoinValue_lbl" xml:lang="en-US">Realized gain (loss) on disposition of digital assets, Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainLossOnDispositionOfBitcoinValue" xlink:to="bitf_GainLossOnDispositionOfBitcoinValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityOfRevaluationOfDigitalAssets" xlink:href="bitf-20231231.xsd#bitf_QuantityOfRevaluationOfDigitalAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_QuantityOfRevaluationOfDigitalAssets_lbl" xml:lang="en-US">Change in unrealized gain on revaluation of digital assets, Quantity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfRevaluationOfDigitalAssets" xlink:to="bitf_QuantityOfRevaluationOfDigitalAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_RevaluationOfDigitalAssetsValue" xlink:href="bitf-20231231.xsd#bitf_RevaluationOfDigitalAssetsValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_RevaluationOfDigitalAssetsValue_lbl" xml:lang="en-US">Change in unrealized gain on revaluation of digital assets, Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RevaluationOfDigitalAssetsValue" xlink:to="bitf_RevaluationOfDigitalAssetsValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_EndingBalanceOfDigitalAssetsQuantity" xlink:href="bitf-20231231.xsd#bitf_EndingBalanceOfDigitalAssetsQuantity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_EndingBalanceOfDigitalAssetsQuantity_lbl" xml:lang="en-US">Balance of digital assets including digital assets pledged as collateral ending balance, Quantity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EndingBalanceOfDigitalAssetsQuantity" xlink:to="bitf_EndingBalanceOfDigitalAssetsQuantity_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ValueEndingBalance" xlink:href="bitf-20231231.xsd#bitf_ValueEndingBalance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ValueEndingBalance_lbl" xml:lang="en-US">Balance of digital assets including digital assets pledged as collateral ending balance, Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueEndingBalance" xlink:to="bitf_ValueEndingBalance_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral" xlink:href="bitf-20231231.xsd#bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral_lbl" xml:lang="en-US">Less digital assets pledged as collateral, Quantity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral" xlink:to="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LessDigitalAssetsPledgedAsCollateralValue" xlink:href="bitf-20231231.xsd#bitf_LessDigitalAssetsPledgedAsCollateralValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LessDigitalAssetsPledgedAsCollateralValue_lbl" xml:lang="en-US">Less digital assets pledged as collateral, Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LessDigitalAssetsPledgedAsCollateralValue" xlink:to="bitf_LessDigitalAssetsPledgedAsCollateralValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralQuantity" xlink:href="bitf-20231231.xsd#bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralQuantity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralQuantity_lbl" xml:lang="en-US">Balance of digital assets excluding digital assets pledged as collateral, Quantity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralQuantity" xlink:to="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralQuantity_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralValue" xlink:href="bitf-20231231.xsd#bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralValue_lbl" xml:lang="en-US">Balance of digital assets excluding digital assets pledged as collateral, Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralValue" xlink:to="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlock_lbl" xml:lang="en-US">DERIVATIVE ASSETS AND LIABILITIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlock" xlink:to="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementExplanatory_lbl" xml:lang="en-US">Schedule of Reconciliation of the Fair Value Measurement of Derivatives</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_lbl" xml:lang="en-US">Derivative Assets, Remeasurement recognized in statement of profit or loss during the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:to="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities_lbl" xml:lang="en-US">Derivative Liabilities, Remeasurement recognized in statement of profit or loss during the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:to="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchasesFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchasesFairValueMeasurementAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PurchasesFairValueMeasurementAssets_lbl" xml:lang="en-US">Derivative Assets, Purchases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesFairValueMeasurementAssets" xlink:to="ifrs-full_PurchasesFairValueMeasurementAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchasesFairValueMeasurementLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchasesFairValueMeasurementLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PurchasesFairValueMeasurementLiabilities_lbl" xml:lang="en-US">Derivative Liabilities, Purchases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesFairValueMeasurementLiabilities" xlink:to="ifrs-full_PurchasesFairValueMeasurementLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_SalesFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_SalesFairValueMeasurementAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SalesFairValueMeasurementAssets_lbl" xml:lang="en-US">Derivative Assets, Sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SalesFairValueMeasurementAssets" xlink:to="ifrs-full_SalesFairValueMeasurementAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInBiologicalAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInBiologicalAssetsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInBiologicalAssetsExplanatory_lbl" xml:lang="en-US">Schedule of Gain or Loss on Derivatives are Recognized in Net Financial Expenses (Income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfReconciliationOfChangesInBiologicalAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInBiologicalAssetsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsOnChangeInFairValueOfDerivatives" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainsOnChangeInFairValueOfDerivatives"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsOnChangeInFairValueOfDerivatives_lbl" xml:lang="en-US">Unrealized change in fair value of outstanding contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsOnChangeInFairValueOfDerivatives_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_lbl" xml:lang="en-US">Schedule of Measurement Date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_lbl" xml:lang="en-US">Dividend yield (%)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:to="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl" xml:lang="en-US">Expected share price volatility (%)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl" xml:lang="en-US">Risk-free interest rate (%)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ExpectedLifeOfWarrantsyears" xlink:href="bitf-20231231.xsd#bitf_ExpectedLifeOfWarrantsyears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ExpectedLifeOfWarrantsyears_lbl" xml:lang="en-US">Expected life of warrants (years)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ExpectedLifeOfWarrantsyears" xlink:to="bitf_ExpectedLifeOfWarrantsyears_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019_lbl" xml:lang="en-US">Share price (CAD) (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019" xlink:to="ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ExercisePriceShareOptionsGranted2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ExercisePriceShareOptionsGranted2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ExercisePriceShareOptionsGranted2019_lbl" xml:lang="en-US">Exercise price (USD) (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExercisePriceShareOptionsGranted2019" xlink:to="ifrs-full_ExercisePriceShareOptionsGranted2019_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ExercisePriceShareOptionsGranted2019_lbl0" xml:lang="en-US">Exercise price (CAD) (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExercisePriceShareOptionsGranted2019" xlink:to="ifrs-full_ExercisePriceShareOptionsGranted2019_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_FairValueOfWarrantsUSD" xlink:href="bitf-20231231.xsd#bitf_FairValueOfWarrantsUSD"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_FairValueOfWarrantsUSD_lbl" xml:lang="en-US">Fair value of warrants (USD) (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FairValueOfWarrantsUSD" xlink:to="bitf_FairValueOfWarrantsUSD_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfWarrantGrantedexercised" xlink:href="bitf-20231231.xsd#bitf_NumberOfWarrantGrantedexercised"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfWarrantGrantedexercised_lbl" xml:lang="en-US">Number of warrants granted (exercised) (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantGrantedexercised" xlink:to="bitf_NumberOfWarrantGrantedexercised_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfWarrantsOutstandinginShares" xlink:href="bitf-20231231.xsd#bitf_NumberOfWarrantsOutstandinginShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfWarrantsOutstandinginShares_lbl" xml:lang="en-US">Number of warrants outstanding (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsOutstandinginShares" xlink:to="bitf_NumberOfWarrantsOutstandinginShares_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory_lbl" xml:lang="en-US">ASSETS HELD FOR SALE</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory_lbl" xml:lang="en-US">Schedule of Assets Held for Sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:to="ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TotalOfAssetsHeldForSale" xlink:href="bitf-20231231.xsd#bitf_TotalOfAssetsHeldForSale"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TotalOfAssetsHeldForSale_lbl" xml:lang="en-US">Assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalOfAssetsHeldForSale" xlink:to="bitf_TotalOfAssetsHeldForSale_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock_lbl" xml:lang="en-US">Schedule of Movement of Miners Held For Sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock" xlink:to="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityAdditions" xlink:href="bitf-20231231.xsd#bitf_QuantityAdditions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_QuantityAdditions_lbl" xml:lang="en-US">Qty, Additions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityAdditions" xlink:to="bitf_QuantityAdditions_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ValueAdditionss" xlink:href="bitf-20231231.xsd#bitf_ValueAdditionss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ValueAdditionss_lbl" xml:lang="en-US">Value, Additions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueAdditionss" xlink:to="bitf_ValueAdditionss_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityDispositions" xlink:href="bitf-20231231.xsd#bitf_QuantityDispositions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_QuantityDispositions_lbl" xml:lang="en-US">Qty, Dispositions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityDispositions" xlink:to="bitf_QuantityDispositions_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuantityImpairment" xlink:href="bitf-20231231.xsd#bitf_QuantityImpairment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_QuantityImpairment_lbl" xml:lang="en-US">Qty, Impairment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityImpairment" xlink:to="bitf_QuantityImpairment_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ValueImpairmenttAmount" xlink:href="bitf-20231231.xsd#bitf_ValueImpairmenttAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ValueImpairmenttAmount_lbl" xml:lang="en-US">Value, Impairment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueImpairmenttAmount" xlink:to="bitf_ValueImpairmenttAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory_lbl" xml:lang="en-US">IMPAIRMENT</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" xlink:to="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossExplanatory" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossExplanatory_lbl" xml:lang="en-US">Schedule of Impairment Loss (Reversal) in the Consolidated Statements of Profit or Loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" xml:lang="en-US">Impairment on short-term prepaid deposits, equipment and construction prepayments, property, plant and equipment and right-of-use assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl" xml:lang="en-US">Impairment on goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ImpairmentLossReversal" xlink:href="bitf-20231231.xsd#bitf_ImpairmentLossReversal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ImpairmentLossReversal_lbl" xml:lang="en-US">Impairment loss reversal</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentLossReversal" xlink:to="bitf_ImpairmentLossReversal_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutImpairmentLossExplanatory" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutImpairmentLossExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutImpairmentLossExplanatory_lbl" xml:lang="en-US">Schedule of Impairment Loss (Reversal) in the Comprehensive Profit or Loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutImpairmentLossExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutImpairmentLossExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ShorttermPrepaidDeposits" xlink:href="bitf-20231231.xsd#bitf_ShorttermPrepaidDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ShorttermPrepaidDeposits_lbl" xml:lang="en-US">Short-term prepaid deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShorttermPrepaidDeposits" xlink:to="bitf_ShorttermPrepaidDeposits_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_EquipmentAndConstructionPrepayments" xlink:href="bitf-20231231.xsd#bitf_EquipmentAndConstructionPrepayments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_EquipmentAndConstructionPrepayments_lbl" xml:lang="en-US">Equipment and construction prepayments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EquipmentAndConstructionPrepayments" xlink:to="bitf_EquipmentAndConstructionPrepayments_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetsHeldForSale" xlink:href="bitf-20231231.xsd#bitf_AssetsHeldForSale"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AssetsHeldForSale_lbl" xml:lang="en-US">Assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetsHeldForSale" xlink:to="bitf_AssetsHeldForSale_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdditionsToRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdditionsToRightofuseAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdditionsToRightofuseAssets_lbl" xml:lang="en-US">ROU assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsToRightofuseAssets" xlink:to="ifrs-full_AdditionsToRightofuseAssets_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionsToRightofuseAssets_lbl0" xml:lang="en-US">Additions and extensions to ROU assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsToRightofuseAssets" xlink:to="ifrs-full_AdditionsToRightofuseAssets_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_PropertyPlantsAndEquipment" xlink:href="bitf-20231231.xsd#bitf_PropertyPlantsAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PropertyPlantsAndEquipment_lbl" xml:lang="en-US">Property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantsAndEquipment" xlink:to="bitf_PropertyPlantsAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_Goodwill1" xlink:href="bitf-20231231.xsd#bitf_Goodwill1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_Goodwill1_lbl" xml:lang="en-US">Goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_Goodwill1" xlink:to="bitf_Goodwill1_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TotalImpairmentOnEquipmentConstructionPrepayments" xlink:href="bitf-20231231.xsd#bitf_TotalImpairmentOnEquipmentConstructionPrepayments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TotalImpairmentOnEquipmentConstructionPrepayments_lbl" xml:lang="en-US">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalImpairmentOnEquipmentConstructionPrepayments" xlink:to="bitf_TotalImpairmentOnEquipmentConstructionPrepayments_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl" xml:lang="en-US">PROPERTY, PLANT AND EQUIPMENT</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl" xml:lang="en-US">Schedule of Property, Plant and Equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CostAbstract" xlink:href="bitf-20231231.xsd#bitf_CostAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CostAbstract_lbl" xml:lang="en-US">Cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CostAbstract" xlink:to="bitf_CostAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdditionsCost" xlink:href="bitf-20231231.xsd#bitf_AdditionsCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdditionsCost_lbl" xml:lang="en-US">Additions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionsCost" xlink:to="bitf_AdditionsCost_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Additions related to asset acquisitions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl0" xml:lang="en-US">Additions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Transfer to assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_EffectOfChangeInDiscountRate" xlink:href="bitf-20231231.xsd#bitf_EffectOfChangeInDiscountRate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_EffectOfChangeInDiscountRate_lbl" xml:lang="en-US">Effect of change in discount rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectOfChangeInDiscountRate" xlink:to="bitf_EffectOfChangeInDiscountRate_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AccumulatedDepreciationAbstract" xlink:href="bitf-20231231.xsd#bitf_AccumulatedDepreciationAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AccumulatedDepreciationAbstract_lbl" xml:lang="en-US">Accumulated Depreciation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccumulatedDepreciationAbstract" xlink:to="bitf_AccumulatedDepreciationAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DepreciationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DepreciationExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DepreciationExpense_lbl" xml:lang="en-US">Depreciation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ImpairmentLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ImpairmentLoss_lbl" xml:lang="en-US">Impairment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ImpairmentLoss_lbl0" xml:lang="en-US">Impairment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ImpairmentLoss_lbl1" xml:lang="en-US">Impairment loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ImpairmentOnDepositsTransferredToPPE" xlink:href="bitf-20231231.xsd#bitf_ImpairmentOnDepositsTransferredToPPE"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ImpairmentOnDepositsTransferredToPPE_lbl" xml:lang="en-US">Impairment on deposits transferred to PPE</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentOnDepositsTransferredToPPE" xlink:to="bitf_ImpairmentOnDepositsTransferredToPPE_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PropertyPlantAndEquipmentGrossCarryingAmountFullyDepreciated" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentGrossCarryingAmountFullyDepreciated"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipmentGrossCarryingAmountFullyDepreciated_lbl" xml:lang="en-US">Net book value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentGrossCarryingAmountFullyDepreciated" xlink:to="ifrs-full_PropertyPlantAndEquipmentGrossCarryingAmountFullyDepreciated_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CostAbstract0" xlink:href="bitf-20231231.xsd#bitf_CostAbstract0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CostAbstract0_lbl" xml:lang="en-US">Cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CostAbstract0" xlink:to="bitf_CostAbstract0_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_MeasurementPeriodAdjustmentToBusinessCombination" xlink:href="bitf-20231231.xsd#bitf_MeasurementPeriodAdjustmentToBusinessCombination"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_MeasurementPeriodAdjustmentToBusinessCombination_lbl" xml:lang="en-US">Measurement period adjustment to business combination</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MeasurementPeriodAdjustmentToBusinessCombination" xlink:to="bitf_MeasurementPeriodAdjustmentToBusinessCombination_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AccumulatedDepreciationAbstract0" xlink:href="bitf-20231231.xsd#bitf_AccumulatedDepreciationAbstract0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AccumulatedDepreciationAbstract0_lbl" xml:lang="en-US">Accumulated Depreciation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccumulatedDepreciationAbstract0" xlink:to="bitf_AccumulatedDepreciationAbstract0_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfQuantityAndModelsOfBTCBVVETableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfQuantityAndModelsOfBTCBVVETableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfQuantityAndModelsOfBTCBVVETableTextBlock_lbl" xml:lang="en-US">Schedule of Quantity and Models of BTC BVVE</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfQuantityAndModelsOfBTCBVVETableTextBlock" xlink:to="bitf_DisclosureOfQuantityAndModelsOfBTCBVVETableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PropertyPlantAndEquipmentCarryingAmountOfAssetsRetiredFromActiveUse" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentCarryingAmountOfAssetsRetiredFromActiveUse"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipmentCarryingAmountOfAssetsRetiredFromActiveUse_lbl" xml:lang="en-US">Presented as property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentCarryingAmountOfAssetsRetiredFromActiveUse" xlink:to="ifrs-full_PropertyPlantAndEquipmentCarryingAmountOfAssetsRetiredFromActiveUse_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PresentedAsROUAsset" xlink:href="bitf-20231231.xsd#bitf_PresentedAsROUAsset"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PresentedAsROUAsset_lbl" xml:lang="en-US">Presented as ROU asset</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PresentedAsROUAsset" xlink:to="bitf_PresentedAsROUAsset_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl" xml:lang="en-US">INTANGIBLE ASSETS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl" xml:lang="en-US">Schedule of Intangible Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CostAbstract1" xlink:href="bitf-20231231.xsd#bitf_CostAbstract1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CostAbstract1_lbl" xml:lang="en-US">Cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CostAbstract1" xlink:to="bitf_CostAbstract1_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdditionsFromPurchasesBiologicalAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdditionsFromPurchasesBiologicalAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdditionsFromPurchasesBiologicalAssets_lbl" xml:lang="en-US">Additions related to asset acquisitions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsFromPurchasesBiologicalAssets" xlink:to="ifrs-full_AdditionsFromPurchasesBiologicalAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AccumulatedAmortizationAbstract" xlink:href="bitf-20231231.xsd#bitf_AccumulatedAmortizationAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AccumulatedAmortizationAbstract_lbl" xml:lang="en-US">Accumulated amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccumulatedAmortizationAbstract" xlink:to="bitf_AccumulatedAmortizationAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetBookValueOfAccumulatedAmortization" xlink:href="bitf-20231231.xsd#bitf_NetBookValueOfAccumulatedAmortization"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetBookValueOfAccumulatedAmortization_lbl" xml:lang="en-US">Net book value of accumulated amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetBookValueOfAccumulatedAmortization" xlink:to="bitf_NetBookValueOfAccumulatedAmortization_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CostAbstract2" xlink:href="bitf-20231231.xsd#bitf_CostAbstract2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CostAbstract2_lbl" xml:lang="en-US">Cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CostAbstract2" xlink:to="bitf_CostAbstract2_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AccumulatedAmortizationAbstract0" xlink:href="bitf-20231231.xsd#bitf_AccumulatedAmortizationAbstract0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AccumulatedAmortizationAbstract0_lbl" xml:lang="en-US">Accumulated amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccumulatedAmortizationAbstract0" xlink:to="bitf_AccumulatedAmortizationAbstract0_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityExplanatory_lbl" xml:lang="en-US">Schedule of Fair Value of the Consideration Paid to their Relative Fair Values at the Closing Date of the Transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Additions to intangibles</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdditionalCapacity" xlink:href="bitf-20231231.xsd#bitf_AdditionalCapacity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdditionalCapacity_lbl" xml:lang="en-US">Additional capacity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalCapacity" xlink:to="bitf_AdditionalCapacity_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TermOfContractualAccessRights" xlink:href="bitf-20231231.xsd#bitf_TermOfContractualAccessRights"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TermOfContractualAccessRights_lbl" xml:lang="en-US">Term of contractual access rights</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TermOfContractualAccessRights" xlink:to="bitf_TermOfContractualAccessRights_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AmortizationMethodAndPeriod" xlink:href="bitf-20231231.xsd#bitf_AmortizationMethodAndPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AmortizationMethodAndPeriod_lbl" xml:lang="en-US">Amortization method and period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AmortizationMethodAndPeriod" xlink:to="bitf_AmortizationMethodAndPeriod_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatory" xlink:href="bitf-20231231.xsd#bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatory_lbl" xml:lang="en-US">LONG-TERM DEPOSITS, EQUIPMENT PREPAYMENTS, COMMITMENTS AND OTHER</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatory" xlink:to="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory_lbl" xml:lang="en-US">Schedule of Long-Term Deposits, Equipment Prepayments, Commitments and Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ValueAddedTaxReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ValueAddedTaxReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ValueAddedTaxReceivables_lbl" xml:lang="en-US">VAT receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ValueAddedTaxReceivables" xlink:to="ifrs-full_ValueAddedTaxReceivables_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SecurityDepositsForEnergyInsuranceAndRent" xlink:href="bitf-20231231.xsd#bitf_SecurityDepositsForEnergyInsuranceAndRent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_SecurityDepositsForEnergyInsuranceAndRent_lbl" xml:lang="en-US">Security deposits for energy, insurance and rent</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SecurityDepositsForEnergyInsuranceAndRent" xlink:to="bitf_SecurityDepositsForEnergyInsuranceAndRent_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_LongtermDeposits" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LongtermDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LongtermDeposits_lbl" xml:lang="en-US">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermDeposits" xlink:to="ifrs-full_LongtermDeposits_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutPaymentObligationsExplanatory" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutPaymentObligationsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutPaymentObligationsExplanatory_lbl" xml:lang="en-US">Schedule of Company&#8217;s Remaining Payment Obligations in Connection</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutPaymentObligationsExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutPaymentObligationsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_a2023Abstract" xlink:href="bitf-20231231.xsd#bitf_a2023Abstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_a2023Abstract_lbl" xml:lang="en-US">2023</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_a2023Abstract" xlink:to="bitf_a2023Abstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_RemainingPaymentsObligation" xlink:href="bitf-20231231.xsd#bitf_RemainingPaymentsObligation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_RemainingPaymentsObligation_lbl" xml:lang="en-US">Remaining payment obligation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RemainingPaymentsObligation" xlink:to="bitf_RemainingPaymentsObligation_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl" xml:lang="en-US">TRADE PAYABLES AND ACCRUED LIABILITIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfDetailedInformationAboutTradePayablesAndAccruedLiabilitiesTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfDetailedInformationAboutTradePayablesAndAccruedLiabilitiesTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfDetailedInformationAboutTradePayablesAndAccruedLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of Trade Payables and Accrued Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutTradePayablesAndAccruedLiabilitiesTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutTradePayablesAndAccruedLiabilitiesTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TradeAndOtherPayable" xlink:href="bitf-20231231.xsd#bitf_TradeAndOtherPayable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TradeAndOtherPayable_lbl" xml:lang="en-US">Trade accounts payable and accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradeAndOtherPayable" xlink:to="bitf_TradeAndOtherPayable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GovernmentRemittance" xlink:href="bitf-20231231.xsd#bitf_GovernmentRemittance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_GovernmentRemittance_lbl" xml:lang="en-US">Government remittances</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GovernmentRemittance" xlink:to="bitf_GovernmentRemittance_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl" xml:lang="en-US">LONG-TERM DEBT</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl" xml:lang="en-US">Schedule of Long-Term Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OfficeEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OfficeEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OfficeEquipment_lbl" xml:lang="en-US">Equipment financing</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OfficeEquipment" xlink:to="ifrs-full_OfficeEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherPayablesToRelatedParties" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherPayablesToRelatedParties"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherPayablesToRelatedParties_lbl" xml:lang="en-US">Vehicle loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesToRelatedParties" xlink:to="ifrs-full_TradeAndOtherPayablesToRelatedParties_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NetDebt" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NetDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NetDebt_lbl" xml:lang="en-US">Total long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDebt" xlink:to="ifrs-full_NetDebt_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentPortionOfLongtermBorrowings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl" xml:lang="en-US">Non-current portion of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:to="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDebtSecuritiesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfDebtSecuritiesExplanatory_lbl" xml:lang="en-US">Schedule of Movement in Long-Term Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:to="ifrs-full_DisclosureOfDebtSecuritiesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IssuanceOfLongtermDebt" xlink:href="bitf-20231231.xsd#bitf_IssuanceOfLongtermDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IssuanceOfLongtermDebt_lbl" xml:lang="en-US">Issuance of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IssuanceOfLongtermDebt" xlink:to="bitf_IssuanceOfLongtermDebt_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialLiabilities_lbl" xml:lang="en-US">Gain on extinguishment of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestExpenseOnDebtInstrumentsIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestExpenseOnDebtInstrumentsIssued"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestExpenseOnDebtInstrumentsIssued_lbl" xml:lang="en-US">Interest on long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnDebtInstrumentsIssued" xlink:to="ifrs-full_InterestExpenseOnDebtInstrumentsIssued_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock_lbl" xml:lang="en-US">Schedule of Company&#8217;s Equipment Financing Consisted only of the NYDIG Loan</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock" xlink:to="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_MaturitiesDate" xlink:href="bitf-20231231.xsd#bitf_MaturitiesDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_MaturitiesDate_lbl" xml:lang="en-US">Maturity date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MaturitiesDate" xlink:to="bitf_MaturitiesDate_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_StatedRatePercentage" xlink:href="bitf-20231231.xsd#bitf_StatedRatePercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_StatedRatePercentage_lbl" xml:lang="en-US">Stated rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_StatedRatePercentage" xlink:to="bitf_StatedRatePercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_EffectiveRatePercentage" xlink:href="bitf-20231231.xsd#bitf_EffectiveRatePercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_EffectiveRatePercentage_lbl" xml:lang="en-US">Effective rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectiveRatePercentage" xlink:to="bitf_EffectiveRatePercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_MonthlyRepayments" xlink:href="bitf-20231231.xsd#bitf_MonthlyRepayments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_MonthlyRepayments_lbl" xml:lang="en-US">Monthly repayment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MonthlyRepayments" xlink:to="bitf_MonthlyRepayments_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongtermDebtBalance" xlink:href="bitf-20231231.xsd#bitf_LongtermDebtBalance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LongtermDebtBalance_lbl" xml:lang="en-US">Long-term debt balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebtBalance" xlink:to="bitf_LongtermDebtBalance_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetBookValueOfCollateral" xlink:href="bitf-20231231.xsd#bitf_NetBookValueOfCollateral"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetBookValueOfCollateral_lbl" xml:lang="en-US">NBV of Collateral</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetBookValueOfCollateral" xlink:to="bitf_NetBookValueOfCollateral_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CollateralAmount" xlink:href="bitf-20231231.xsd#bitf_CollateralAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CollateralAmount_lbl" xml:lang="en-US">Collateral</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CollateralAmount" xlink:to="bitf_CollateralAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfLeasesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory_lbl" xml:lang="en-US">LEASES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfLeasesExplanatory" xlink:to="ifrs-full_DisclosureOfLeasesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of Right-of-Use Assets and Lease Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock" xlink:to="bitf_DisclosureOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" xml:lang="en-US">Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl0" xml:lang="en-US">Interest on lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfIncomeTaxExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl" xml:lang="en-US">INCOME TAXES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:to="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfCurrentAndDeferredIncomeTaxExpenseRecoveryTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfCurrentAndDeferredIncomeTaxExpenseRecoveryTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfCurrentAndDeferredIncomeTaxExpenseRecoveryTableTextBlock_lbl" xml:lang="en-US">Schedule of Current and Deferred Income Tax (Expense) Recovery</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfCurrentAndDeferredIncomeTaxExpenseRecoveryTableTextBlock" xlink:to="bitf_DisclosureOfCurrentAndDeferredIncomeTaxExpenseRecoveryTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CurrentTaxExpenseRecoveryAbstract" xlink:href="bitf-20231231.xsd#bitf_CurrentTaxExpenseRecoveryAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CurrentTaxExpenseRecoveryAbstract_lbl" xml:lang="en-US">Current tax (expense) recovery:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CurrentTaxExpenseRecoveryAbstract" xlink:to="bitf_CurrentTaxExpenseRecoveryAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentTaxExpenseIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentTaxExpenseIncome_lbl" xml:lang="en-US">Current year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxExpenseIncome" xlink:to="ifrs-full_CurrentTaxExpenseIncome_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod_lbl" xml:lang="en-US">Prior year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:to="ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DeferredTaxExpenseRecoveryAbstract" xlink:href="bitf-20231231.xsd#bitf_DeferredTaxExpenseRecoveryAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DeferredTaxExpenseRecoveryAbstract_lbl" xml:lang="en-US">Deferred tax (expense) recovery:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxExpenseRecoveryAbstract" xlink:to="bitf_DeferredTaxExpenseRecoveryAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DeferredTaxLiabilityAsset"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_lbl" xml:lang="en-US">Total deferred tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfEffectiveTaxRateTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfEffectiveTaxRateTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfEffectiveTaxRateTableTextBlock_lbl" xml:lang="en-US">Schedule of Effective tax rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfEffectiveTaxRateTableTextBlock" xlink:to="bitf_DisclosureOfEffectiveTaxRateTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage" xlink:href="bitf-20231231.xsd#bitf_IncomeTaxRecoveryAtStatutoryRatePercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage_lbl" xml:lang="en-US">Income tax recovery at statutory rate, percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage" xlink:to="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_StatutoryRate" xlink:href="bitf-20231231.xsd#bitf_StatutoryRate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_StatutoryRate_lbl" xml:lang="en-US">Statutory rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_StatutoryRate" xlink:to="bitf_StatutoryRate_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxEffectOfForeignTaxRates" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TaxEffectOfForeignTaxRates"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TaxEffectOfForeignTaxRates_lbl" xml:lang="en-US">Foreign tax rate differential, amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxEffectOfForeignTaxRates" xlink:to="ifrs-full_TaxEffectOfForeignTaxRates_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ForeignTaxRateDifferentialPercentage" xlink:href="bitf-20231231.xsd#bitf_ForeignTaxRateDifferentialPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ForeignTaxRateDifferentialPercentage_lbl" xml:lang="en-US">Foreign tax rate differential, percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ForeignTaxRateDifferentialPercentage" xlink:to="bitf_ForeignTaxRateDifferentialPercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WorkersCompensationDiscountPriorYearsAmount" xlink:href="bitf-20231231.xsd#bitf_WorkersCompensationDiscountPriorYearsAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WorkersCompensationDiscountPriorYearsAmount_lbl" xml:lang="en-US">Prior year, amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WorkersCompensationDiscountPriorYearsAmount" xlink:to="bitf_WorkersCompensationDiscountPriorYearsAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PriorYearPercentage" xlink:href="bitf-20231231.xsd#bitf_PriorYearPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PriorYearPercentage_lbl" xml:lang="en-US">Prior year, percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PriorYearPercentage" xlink:to="bitf_PriorYearPercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NondeductibleExpensesAndOtherAmount" xlink:href="bitf-20231231.xsd#bitf_NondeductibleExpensesAndOtherAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NondeductibleExpensesAndOtherAmount_lbl" xml:lang="en-US">Non-deductible expenses and other, amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NondeductibleExpensesAndOtherAmount" xlink:to="bitf_NondeductibleExpensesAndOtherAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NondeductibleExpensesAndOtherPercentage" xlink:href="bitf-20231231.xsd#bitf_NondeductibleExpensesAndOtherPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NondeductibleExpensesAndOtherPercentage_lbl" xml:lang="en-US">Non-deductible expenses and other, percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NondeductibleExpensesAndOtherPercentage" xlink:to="bitf_NondeductibleExpensesAndOtherPercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NetDeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NetDeferredTaxAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NetDeferredTaxAssets_lbl" xml:lang="en-US">Deferred tax asset not recognized, amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NetDeferredTaxAssets_lbl0" xml:lang="en-US">Net deferred tax assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_DeferredTaxAssetNotRecognizedPercentage" xlink:href="bitf-20231231.xsd#bitf_DeferredTaxAssetNotRecognizedPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DeferredTaxAssetNotRecognizedPercentage_lbl" xml:lang="en-US">Deferred tax asset not recognized, percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxAssetNotRecognizedPercentage" xlink:to="bitf_DeferredTaxAssetNotRecognizedPercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_EffectiveTaxRate" xlink:href="bitf-20231231.xsd#bitf_EffectiveTaxRate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_EffectiveTaxRate_lbl" xml:lang="en-US">Effective tax rate, amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectiveTaxRate" xlink:to="bitf_EffectiveTaxRate_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_EffectiveTaxRatePercentage" xlink:href="bitf-20231231.xsd#bitf_EffectiveTaxRatePercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_EffectiveTaxRatePercentage_lbl" xml:lang="en-US">Effective tax rate, percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectiveTaxRatePercentage" xlink:to="bitf_EffectiveTaxRatePercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfDeferredTaxAssetTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfDeferredTaxAssetTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ScheduleOfDeferredTaxAssetTableTextBlock_lbl" xml:lang="en-US">Schedule of Deferred Tax Liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfDeferredTaxAssetTableTextBlock" xlink:to="bitf_ScheduleOfDeferredTaxAssetTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_lbl" xml:lang="en-US">Credited to statements of profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:to="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Deferred tax asset derecognized in the statements of profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:to="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity" xlink:href="bitf-20231231.xsd#bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity_lbl" xml:lang="en-US">Deferred tax asset derecognized in the statements of equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity" xlink:to="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NetDeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NetDeferredTaxLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NetDeferredTaxLiabilities_lbl" xml:lang="en-US">Offsetting deferred tax liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NetDeferredTaxLiabilities_lbl0" xml:lang="en-US">Net deferred tax liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfDeferredTaxLiabilityTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfDeferredTaxLiabilityTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ScheduleOfDeferredTaxLiabilityTableTextBlock_lbl" xml:lang="en-US">Schedule of Deferred Tax Liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfDeferredTaxLiabilityTableTextBlock" xlink:to="bitf_ScheduleOfDeferredTaxLiabilityTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ChargedToStatementOfProfitOrLoss" xlink:href="bitf-20231231.xsd#bitf_ChargedToStatementOfProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ChargedToStatementOfProfitOrLoss_lbl" xml:lang="en-US">Charged to statements of profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ChargedToStatementOfProfitOrLoss" xlink:to="bitf_ChargedToStatementOfProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OffsettingDeferredTaxAssets" xlink:href="bitf-20231231.xsd#bitf_OffsettingDeferredTaxAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OffsettingDeferredTaxAssets_lbl" xml:lang="en-US">Offsetting deferred tax assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OffsettingDeferredTaxAssets" xlink:to="bitf_OffsettingDeferredTaxAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetRetirementProvisionDisclosureTextBlock" xlink:href="bitf-20231231.xsd#bitf_AssetRetirementProvisionDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AssetRetirementProvisionDisclosureTextBlock_lbl" xml:lang="en-US">ASSET RETIREMENT PROVISION</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetRetirementProvisionDisclosureTextBlock" xlink:to="bitf_AssetRetirementProvisionDisclosureTextBlock_lbl"/>
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    <loc xlink:type="locator" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdditionalProvisionsOtherProvisions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions_lbl" xml:lang="en-US">Additions during the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalProvisionsOtherProvisions" xlink:to="ifrs-full_AdditionalProvisionsOtherProvisions_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestExpense_lbl" xml:lang="en-US">Accretion expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpense" xlink:to="ifrs-full_InterestExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_lbl" xml:lang="en-US">Effect of change in the foreign exchange rate</label>
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    <loc xlink:type="locator" xlink:label="bitf_RetirementofEffectOfChangeInDiscountRate" xlink:href="bitf-20231231.xsd#bitf_RetirementofEffectOfChangeInDiscountRate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_RetirementofEffectOfChangeInDiscountRate_lbl" xml:lang="en-US">Effect of change in discount rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RetirementofEffectOfChangeInDiscountRate" xlink:to="bitf_RetirementofEffectOfChangeInDiscountRate_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_lbl" xml:lang="en-US">SHARE CAPITAL (Restated)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory_lbl" xml:lang="en-US">Schedule of Outstanding Warrants</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfWarrantsOutstandingBeginning_lbl" xml:lang="en-US">Number of warrants Outstanding beginning</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsOutstandingBeginning" xlink:to="bitf_NumberOfWarrantsOutstandingBeginning_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfWarrantsGranted" xlink:href="bitf-20231231.xsd#bitf_NumberOfWarrantsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfWarrantsGranted_lbl" xml:lang="en-US">Number of warrants Granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsGranted" xlink:to="bitf_NumberOfWarrantsGranted_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Weighted average exercise price Granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_lbl0" xml:lang="en-US">Granted, Weighted Average Exercise Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfWarrantsExercised" xlink:href="bitf-20231231.xsd#bitf_NumberOfWarrantsExercised"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfWarrantsExercised_lbl" xml:lang="en-US">Number of warrants Exercised</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsExercised" xlink:to="bitf_NumberOfWarrantsExercised_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Weighted average exercise price Exercised</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl0" xml:lang="en-US">Exercised, Weighted Average Exercise Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfWarrantsExpired" xlink:href="bitf-20231231.xsd#bitf_NumberOfWarrantsExpired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfWarrantsExpired_lbl" xml:lang="en-US">Number of warrants Expired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsExpired" xlink:to="bitf_NumberOfWarrantsExpired_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Weighted average exercise price Expired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019_lbl0" xml:lang="en-US">Expired, Weighted Average Exercise Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfWarrantsOutstandingEnding" xlink:href="bitf-20231231.xsd#bitf_NumberOfWarrantsOutstandingEnding"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfWarrantsOutstandingEnding_lbl" xml:lang="en-US">Number of warrants Outstanding ending</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsOutstandingEnding" xlink:to="bitf_NumberOfWarrantsOutstandingEnding_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfPrivatePlacementTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfPrivatePlacementTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfPrivatePlacementTableTextBlock_lbl" xml:lang="en-US">Schedule of Company Completed a Private Placement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfPrivatePlacementTableTextBlock" xlink:to="bitf_DisclosureOfPrivatePlacementTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GrossProceedsAmount" xlink:href="bitf-20231231.xsd#bitf_GrossProceedsAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_GrossProceedsAmount_lbl" xml:lang="en-US">Gross proceeds (CAD) (in Dollars)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GrossProceedsAmount" xlink:to="bitf_GrossProceedsAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CommonSharesIssued" xlink:href="bitf-20231231.xsd#bitf_CommonSharesIssued"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CommonSharesIssued_lbl" xml:lang="en-US">Common shares issued</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CommonSharesIssued" xlink:to="bitf_CommonSharesIssued_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WarrantsIssued" xlink:href="bitf-20231231.xsd#bitf_WarrantsIssued"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WarrantsIssued_lbl" xml:lang="en-US">Warrants issued</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantsIssued" xlink:to="bitf_WarrantsIssued_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_WarrantsIssued_lbl0" xml:lang="en-US">Warrants issued (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantsIssued" xlink:to="bitf_WarrantsIssued_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_WarrantStrikePriceUSDinDollarsPerShare" xlink:href="bitf-20231231.xsd#bitf_WarrantStrikePriceUSDinDollarsPerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WarrantStrikePriceUSDinDollarsPerShare_lbl" xml:lang="en-US">Warrant strike price (USD) (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantStrikePriceUSDinDollarsPerShare" xlink:to="bitf_WarrantStrikePriceUSDinDollarsPerShare_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WarrantLifeyears" xlink:href="bitf-20231231.xsd#bitf_WarrantLifeyears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WarrantLifeyears_lbl" xml:lang="en-US">Warrant life (years)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantLifeyears" xlink:to="bitf_WarrantLifeyears_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CommissionPaid" xlink:href="bitf-20231231.xsd#bitf_CommissionPaid"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CommissionPaid_lbl" xml:lang="en-US">Commission paid</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CommissionPaid" xlink:to="bitf_CommissionPaid_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BrokerWarrantsIssued" xlink:href="bitf-20231231.xsd#bitf_BrokerWarrantsIssued"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BrokerWarrantsIssued_lbl" xml:lang="en-US">Broker warrants issued</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantsIssued" xlink:to="bitf_BrokerWarrantsIssued_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_BrokerWarrantsIssued_lbl0" xml:lang="en-US">Broker warrants issued (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantsIssued" xlink:to="bitf_BrokerWarrantsIssued_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_BrokerWarrantStrikePriceUSDinDollarsPerShare" xlink:href="bitf-20231231.xsd#bitf_BrokerWarrantStrikePriceUSDinDollarsPerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BrokerWarrantStrikePriceUSDinDollarsPerShare_lbl" xml:lang="en-US">Broker warrant strike price (USD) (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantStrikePriceUSDinDollarsPerShare" xlink:to="bitf_BrokerWarrantStrikePriceUSDinDollarsPerShare_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BrokerWarrantLifeyears" xlink:href="bitf-20231231.xsd#bitf_BrokerWarrantLifeyears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BrokerWarrantLifeyears_lbl" xml:lang="en-US">Broker warrant life (years)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantLifeyears" xlink:to="bitf_BrokerWarrantLifeyears_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl" xml:lang="en-US">FINANCIAL INSTRUMENTS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock" xlink:to="bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_FinancialAssetsAtAmortizedCostAbstract" xlink:href="bitf-20231231.xsd#bitf_FinancialAssetsAtAmortizedCostAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_FinancialAssetsAtAmortizedCostAbstract_lbl" xml:lang="en-US">Financial assets at amortized cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FinancialAssetsAtAmortizedCostAbstract" xlink:to="bitf_FinancialAssetsAtAmortizedCostAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeReceivables_lbl" xml:lang="en-US">Trade receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivables" xlink:to="ifrs-full_TradeReceivables_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherCurrentReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xml:lang="en-US">Other receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_FinancialAssetsAtFairValueThroughProfitAndLossAbstract" xlink:href="bitf-20231231.xsd#bitf_FinancialAssetsAtFairValueThroughProfitAndLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_FinancialAssetsAtFairValueThroughProfitAndLossAbstract_lbl" xml:lang="en-US">Financial assets at fair value through profit and loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FinancialAssetsAtFairValueThroughProfitAndLossAbstract" xlink:to="bitf_FinancialAssetsAtFairValueThroughProfitAndLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_FinancialLiabilitiesAtAmortizedCostAbstract" xlink:href="bitf-20231231.xsd#bitf_FinancialLiabilitiesAtAmortizedCostAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_FinancialLiabilitiesAtAmortizedCostAbstract_lbl" xml:lang="en-US">Financial liabilities at amortized cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FinancialLiabilitiesAtAmortizedCostAbstract" xlink:to="bitf_FinancialLiabilitiesAtAmortizedCostAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_lbl" xml:lang="en-US">Trade accounts payable and accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:to="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongtermDebtAmount" xlink:href="bitf-20231231.xsd#bitf_LongtermDebtAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LongtermDebtAmount_lbl" xml:lang="en-US">Long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebtAmount" xlink:to="bitf_LongtermDebtAmount_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_LongtermDebtAmount_lbl0" xml:lang="en-US">Long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebtAmount" xlink:to="bitf_LongtermDebtAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_LongtermDebtAmount_lbl1" xml:lang="en-US">Long term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebtAmount" xlink:to="bitf_LongtermDebtAmount_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_FinancialLiabilitiesAtFairValueThroughProfitAndLossAbstract" xlink:href="bitf-20231231.xsd#bitf_FinancialLiabilitiesAtFairValueThroughProfitAndLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_FinancialLiabilitiesAtFairValueThroughProfitAndLossAbstract_lbl" xml:lang="en-US">Financial liabilities at fair value through profit and loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FinancialLiabilitiesAtFairValueThroughProfitAndLossAbstract" xlink:to="bitf_FinancialLiabilitiesAtFairValueThroughProfitAndLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl" xml:lang="en-US">Warrant liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetCarryingAmountAndFairValue" xlink:href="bitf-20231231.xsd#bitf_NetCarryingAmountAndFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetCarryingAmountAndFairValue_lbl" xml:lang="en-US">Net carrying amount and fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetCarryingAmountAndFairValue" xlink:to="bitf_NetCarryingAmountAndFairValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfForeignCurrencyRiskTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock_lbl" xml:lang="en-US">Schedule of Foreign Currency Risk</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock" xlink:to="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherReceivables_lbl" xml:lang="en-US">Trade receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherReceivables" xlink:to="ifrs-full_TradeAndOtherReceivables_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskExplanatory_lbl" xml:lang="en-US">Schedule of Contractual Maturities of Financial Liabilities and Lease Liabilities (Non-Financial Liabilities)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskExplanatory" xlink:to="ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherPayables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherPayables_lbl" xml:lang="en-US">Trade accounts payable and accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPayables" xlink:to="ifrs-full_OtherPayables_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongtermDebt1" xlink:href="bitf-20231231.xsd#bitf_LongtermDebt1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LongtermDebt1_lbl" xml:lang="en-US">Long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebt1" xlink:to="bitf_LongtermDebt1_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GrossLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GrossLeaseLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GrossLeaseLiabilities_lbl" xml:lang="en-US">Lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossLeaseLiabilities" xlink:to="ifrs-full_GrossLeaseLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherFinancialLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherFinancialLiabilities_lbl" xml:lang="en-US">Non-financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinancialLiabilities" xlink:to="ifrs-full_OtherFinancialLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl" xml:lang="en-US">TRANSACTIONS AND BALANCES WITH RELATED PARTIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_lbl" xml:lang="en-US">Schedule of Balances with Related Parties</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TradePayablesAndAccruedLiabilitiesAbstract" xlink:href="bitf-20231231.xsd#bitf_TradePayablesAndAccruedLiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TradePayablesAndAccruedLiabilitiesAbstract_lbl" xml:lang="en-US">Trade payables and accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradePayablesAndAccruedLiabilitiesAbstract" xlink:to="bitf_TradePayablesAndAccruedLiabilitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DirectorsRemunerationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DirectorsRemunerationExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DirectorsRemunerationExpense_lbl" xml:lang="en-US">Directors&#8217; remuneration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DirectorsRemunerationExpense" xlink:to="ifrs-full_DirectorsRemunerationExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_lbl" xml:lang="en-US">Director and senior management incentive plan</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:to="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BalancesPayableToRelatedParties" xlink:href="bitf-20231231.xsd#bitf_BalancesPayableToRelatedParties"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BalancesPayableToRelatedParties_lbl" xml:lang="en-US">Balances payable to related parties</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BalancesPayableToRelatedParties" xlink:to="bitf_BalancesPayableToRelatedParties_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl" xml:lang="en-US">Schedule of Consolidated Statements of Profit or Loss and Comprehensive Profit and Loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FinanceCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinanceCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinanceCosts_lbl" xml:lang="en-US">Net financial expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureCompensationOfKeyManagementAndDirectorsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureCompensationOfKeyManagementAndDirectorsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureCompensationOfKeyManagementAndDirectorsTableTextBlock_lbl" xml:lang="en-US">Schedule of Compensation of Key Management and Directors</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureCompensationOfKeyManagementAndDirectorsTableTextBlock" xlink:to="bitf_DisclosureCompensationOfKeyManagementAndDirectorsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl" xml:lang="en-US">Short-term benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_EmployeeBenefitsExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EmployeeBenefitsExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EmployeeBenefitsExpense_lbl" xml:lang="en-US">Termination payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EmployeeBenefitsExpense" xlink:to="ifrs-full_EmployeeBenefitsExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment_lbl" xml:lang="en-US">Share-based payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:to="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory_lbl" xml:lang="en-US">CAPITAL MANAGEMENT POLICIES AND PROCEDURES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory" xlink:to="ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_lbl" xml:lang="en-US">SUBSIDIARIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfSignificantSubsidiariestableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfSignificantSubsidiariestableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfSignificantSubsidiariestableTextBlock_lbl" xml:lang="en-US">Schedule of Significant Subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfSignificantSubsidiariestableTextBlock" xlink:to="bitf_DisclosureOfSignificantSubsidiariestableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SecurityType" xlink:href="bitf-20231231.xsd#bitf_SecurityType"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_SecurityType_lbl" xml:lang="en-US">Security type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SecurityType" xlink:to="bitf_SecurityType_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PrincipalPlaceOfBusiness" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PrincipalPlaceOfBusiness"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PrincipalPlaceOfBusiness_lbl" xml:lang="en-US">Main place of business</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PrincipalPlaceOfBusiness" xlink:to="ifrs-full_PrincipalPlaceOfBusiness_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PercenatageofSecurities" xlink:href="bitf-20231231.xsd#bitf_PercenatageofSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PercenatageofSecurities_lbl" xml:lang="en-US">Securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PercenatageofSecurities" xlink:to="bitf_PercenatageofSecurities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_EquityPercentage" xlink:href="bitf-20231231.xsd#bitf_EquityPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_EquityPercentage_lbl" xml:lang="en-US">Equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EquityPercentage" xlink:to="bitf_EquityPercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl" xml:lang="en-US">Voting</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl0" xml:lang="en-US">Percentage of acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfEarningsPerShareExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl" xml:lang="en-US">NET EARNINGS (LOSS) PER SHARE</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:to="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl" xml:lang="en-US">SHARE-BASED PAYMENTS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:to="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsTableTextBlock_lbl" xml:lang="en-US">Schedule of Share-Based Payment Expense Related to Stock Options and Restricted Stock Units</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsTableTextBlock" xlink:to="bitf_DisclosureOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_lbl" xml:lang="en-US">Equity-settled share-based payment plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfOutstandingStockOptionsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock_lbl" xml:lang="en-US">Schedule of Outstanding Stock Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock" xlink:to="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Granted, Number of Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Forfeited, Weighted Average Exercise Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WeightedAverageCancelledShareOptions" xlink:href="bitf-20231231.xsd#bitf_WeightedAverageCancelledShareOptions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WeightedAverageCancelledShareOptions_lbl" xml:lang="en-US">Cancelled, Weighted Average Exercise Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageCancelledShareOptions" xlink:to="bitf_WeightedAverageCancelledShareOptions_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Exercisable, December 31, Number of Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Exercisable, December 31, Weighted Average Exercise Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsTableTextBlock_lbl" xml:lang="en-US">Schedule of Option Grants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsTableTextBlock" xlink:to="bitf_DisclosureOfSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ExpectedLifeOfStockOptions" xlink:href="bitf-20231231.xsd#bitf_ExpectedLifeOfStockOptions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ExpectedLifeOfStockOptions_lbl" xml:lang="en-US">Expected life of stock options (years)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ExpectedLifeOfStockOptions" xlink:to="bitf_ExpectedLifeOfStockOptions_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageSharePrice2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageSharePrice2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageSharePrice2019_lbl" xml:lang="en-US">Share price (CAD) (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageSharePrice2019" xlink:to="ifrs-full_WeightedAverageSharePrice2019_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_WeightedAverageSharePrice2019_lbl0" xml:lang="en-US">Share price per share (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageSharePrice2019" xlink:to="ifrs-full_WeightedAverageSharePrice2019_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_FairValueOfOptionsPerShare" xlink:href="bitf-20231231.xsd#bitf_FairValueOfOptionsPerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_FairValueOfOptionsPerShare_lbl" xml:lang="en-US">Fair value of options (USD) (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FairValueOfOptionsPerShare" xlink:to="bitf_FairValueOfOptionsPerShare_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ShareBasedPaymentAwardAwardVestingPeriod" xlink:href="bitf-20231231.xsd#bitf_ShareBasedPaymentAwardAwardVestingPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ShareBasedPaymentAwardAwardVestingPeriod_lbl" xml:lang="en-US">Vesting period (years)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShareBasedPaymentAwardAwardVestingPeriod" xlink:to="bitf_ShareBasedPaymentAwardAwardVestingPeriod_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Number of options granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfRestrictedStockUnitsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock_lbl" xml:lang="en-US">Schedule of RSUs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock" xlink:to="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement" xlink:href="bitf-20231231.xsd#bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Granted, Number of RSUs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement" xlink:to="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement_lbl0" xml:lang="en-US">Granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement" xlink:to="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_GrantedWeightedAverageGrantPricesRSU" xlink:href="bitf-20231231.xsd#bitf_GrantedWeightedAverageGrantPricesRSU"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_GrantedWeightedAverageGrantPricesRSU_lbl" xml:lang="en-US">Granted, Weighted Average Grant Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GrantedWeightedAverageGrantPricesRSU" xlink:to="bitf_GrantedWeightedAverageGrantPricesRSU_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfShareOptionsSettledNumberOfRSUs" xlink:href="bitf-20231231.xsd#bitf_NumberOfShareOptionsSettledNumberOfRSUs"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfShareOptionsSettledNumberOfRSUs_lbl" xml:lang="en-US">Settled, Number of RSUs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfShareOptionsSettledNumberOfRSUs" xlink:to="bitf_NumberOfShareOptionsSettledNumberOfRSUs_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WeightedAverageSettledWeightedAverageGrantPrice" xlink:href="bitf-20231231.xsd#bitf_WeightedAverageSettledWeightedAverageGrantPrice"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WeightedAverageSettledWeightedAverageGrantPrice_lbl" xml:lang="en-US">Settled, Weighted Average Grant Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageSettledWeightedAverageGrantPrice" xlink:to="bitf_WeightedAverageSettledWeightedAverageGrantPrice_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantory" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantory_lbl" xml:lang="en-US">ADDITIONAL DETAILS TO THE STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE PROFIT OR LOSS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantory" xlink:to="bitf_DisclosureOfAdditionalDetailsToTheStatementOfProfitOrLossAndComprehensiveProfitOrLossExplantory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfCostOfSalesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfCostOfSalesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfCostOfSalesExplanatory_lbl" xml:lang="en-US">Schedule of Cost of Revenues</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCostOfSalesExplanatory" xlink:to="ifrs-full_DisclosureOfCostOfSalesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl" xml:lang="en-US">Schedule of General and Administrative Expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SalariesAndShareBasedPayment" xlink:href="bitf-20231231.xsd#bitf_SalariesAndShareBasedPayment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_SalariesAndShareBasedPayment_lbl" xml:lang="en-US">Salaries and share-based payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SalariesAndShareBasedPayment" xlink:to="bitf_SalariesAndShareBasedPayment_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ProfessionalServices" xlink:href="bitf-20231231.xsd#bitf_ProfessionalServices"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ProfessionalServices_lbl" xml:lang="en-US">Professional services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProfessionalServices" xlink:to="bitf_ProfessionalServices_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_HostingAndTelecommunications" xlink:href="bitf-20231231.xsd#bitf_HostingAndTelecommunications"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_HostingAndTelecommunications_lbl" xml:lang="en-US">Hosting and telecommunications</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_HostingAndTelecommunications" xlink:to="bitf_HostingAndTelecommunications_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdvertisingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdvertisingExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdvertisingExpense_lbl" xml:lang="en-US">Advertising and promotion</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdvertisingExpense" xlink:to="ifrs-full_AdvertisingExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfNetFinancialIncomeExpensesTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfNetFinancialIncomeExpensesTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfNetFinancialIncomeExpensesTableTextBlock_lbl" xml:lang="en-US">Schedule of Net Financial (Income) Expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfNetFinancialIncomeExpensesTableTextBlock" xlink:to="bitf_DisclosureOfNetFinancialIncomeExpensesTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GainOnDispositionOfMarketableSecurities" xlink:href="bitf-20231231.xsd#bitf_GainOnDispositionOfMarketableSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_GainOnDispositionOfMarketableSecurities_lbl" xml:lang="en-US">Gain on disposition of marketable securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainOnDispositionOfMarketableSecurities" xlink:to="bitf_GainOnDispositionOfMarketableSecurities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities" xlink:href="bitf-20231231.xsd#bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities_lbl" xml:lang="en-US">Gain on extinguishment of long-term debt and lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities" xlink:to="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForInterestIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForInterestIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForInterestIncome_lbl" xml:lang="en-US">Interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForInterestIncome" xlink:to="ifrs-full_AdjustmentsForInterestIncome_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfGeographicalAreasExplanatory_lbl" xml:lang="en-US">GEOGRAPHICAL INFORMATION</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:to="ifrs-full_DisclosureOfGeographicalAreasExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock_lbl" xml:lang="en-US">Schedule of Revenues</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock" xlink:to="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CostRevenue" xlink:href="bitf-20231231.xsd#bitf_CostRevenue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CostRevenue_lbl" xml:lang="en-US">Revenues</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CostRevenue" xlink:to="bitf_CostRevenue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock_lbl" xml:lang="en-US">Schedule of Property, Plant and Equipment by Country</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock" xlink:to="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PropertyPlantAndEquipments" xlink:href="bitf-20231231.xsd#bitf_PropertyPlantAndEquipments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PropertyPlantAndEquipments_lbl" xml:lang="en-US">Property, Plant And Equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantAndEquipments" xlink:to="bitf_PropertyPlantAndEquipments_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfCashFlowStatementExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl" xml:lang="en-US">ADDITIONAL DETAILS TO THE STATEMENTS OF CASH FLOWS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:to="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DisclosureOfAdditionalDetailsToTheStatementsOfCashFlowsTableTextBlock" xlink:href="bitf-20231231.xsd#bitf_DisclosureOfAdditionalDetailsToTheStatementsOfCashFlowsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DisclosureOfAdditionalDetailsToTheStatementsOfCashFlowsTableTextBlock_lbl" xml:lang="en-US">Schedule of Additional Details to the Statements of Cash Flows</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfAdditionalDetailsToTheStatementsOfCashFlowsTableTextBlock" xlink:to="bitf_DisclosureOfAdditionalDetailsToTheStatementsOfCashFlowsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ChangesInWorkingCapitalComponentsAbstract" xlink:href="bitf-20231231.xsd#bitf_ChangesInWorkingCapitalComponentsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ChangesInWorkingCapitalComponentsAbstract_lbl" xml:lang="en-US">Changes in working capital components:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ChangesInWorkingCapitalComponentsAbstract" xlink:to="bitf_ChangesInWorkingCapitalComponentsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl" xml:lang="en-US">(Increase) decrease in trade receivables, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets_lbl" xml:lang="en-US">Increase in other current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DecreaseInDeposits" xlink:href="bitf-20231231.xsd#bitf_DecreaseInDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DecreaseInDeposits_lbl" xml:lang="en-US">Decrease in deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DecreaseInDeposits" xlink:to="bitf_DecreaseInDeposits_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl" xml:lang="en-US">Increase (decrease) in trade payables and accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IncreasedecreaseInTaxesPayable" xlink:href="bitf-20231231.xsd#bitf_IncreasedecreaseInTaxesPayable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IncreasedecreaseInTaxesPayable_lbl" xml:lang="en-US">Increase (decrease) in taxes payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreasedecreaseInTaxesPayable" xlink:to="bitf_IncreasedecreaseInTaxesPayable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SignificantNonCashTransactionsAbstract" xlink:href="bitf-20231231.xsd#bitf_SignificantNonCashTransactionsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_SignificantNonCashTransactionsAbstract_lbl" xml:lang="en-US">Significant non-cash transactions:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SignificantNonCashTransactionsAbstract" xlink:to="bitf_SignificantNonCashTransactionsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IssuanceOfCommonSharesInConnectionWithAcquisitionsOfAssets" xlink:href="bitf-20231231.xsd#bitf_IssuanceOfCommonSharesInConnectionWithAcquisitionsOfAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IssuanceOfCommonSharesInConnectionWithAcquisitionsOfAssets_lbl" xml:lang="en-US">Issuance of common shares in connection with acquisitions of assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IssuanceOfCommonSharesInConnectionWithAcquisitionsOfAssets" xlink:to="bitf_IssuanceOfCommonSharesInConnectionWithAcquisitionsOfAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DepreciationRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DepreciationRightofuseAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DepreciationRightofuseAssets_lbl" xml:lang="en-US">Addition of ROU assets, property, plant and equipment and related lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DepreciationRightofuseAssets_lbl0" xml:lang="en-US">Depreciation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_PurchaseOfPropertyPlantAndEquipmentFinancedByShorttermCredit" xlink:href="bitf-20231231.xsd#bitf_PurchaseOfPropertyPlantAndEquipmentFinancedByShorttermCredit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PurchaseOfPropertyPlantAndEquipmentFinancedByShorttermCredit_lbl" xml:lang="en-US">Purchase of property, plant and equipment financed by short-term credit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchaseOfPropertyPlantAndEquipmentFinancedByShorttermCredit" xlink:to="bitf_PurchaseOfPropertyPlantAndEquipmentFinancedByShorttermCredit_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherPropertyPlantAndEquipment_lbl" xml:lang="en-US">Equipment prepayments realized as additions to property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipment" xlink:to="ifrs-full_OtherPropertyPlantAndEquipment_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OtherPropertyPlantAndEquipment_lbl0" xml:lang="en-US">Reclass to property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipment" xlink:to="ifrs-full_OtherPropertyPlantAndEquipment_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_lbl" xml:lang="en-US">Deferred tax expense related to equity issuance costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:to="ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherPayablesToTradeSuppliers"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl" xml:lang="en-US">Trade payables and accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl0" xml:lang="en-US">Trade payables and accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DepositsFromCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DepositsFromCustomers"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DepositsFromCustomers_lbl" xml:lang="en-US">Customer deposit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepositsFromCustomers" xlink:to="ifrs-full_DepositsFromCustomers_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_SalesFairValueMeasurementLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_SalesFairValueMeasurementLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_SalesFairValueMeasurementLiabilities_lbl" xml:lang="en-US">Derivative Liabilities, Sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SalesFairValueMeasurementLiabilities" xlink:to="ifrs-full_SalesFairValueMeasurementLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_LossesOnChangeInFairValueOfDerivatives" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LossesOnChangeInFairValueOfDerivatives"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_LossesOnChangeInFairValueOfDerivatives_lbl" xml:lang="en-US">Realized loss on settled contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_LossesOnChangeInFairValueOfDerivatives_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ValueDispositions" xlink:href="bitf-20231231.xsd#bitf_ValueDispositions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_ValueDispositions_lbl" xml:lang="en-US">Value, Dispositions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueDispositions" xlink:to="bitf_ValueDispositions_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_Dispositions" xlink:href="bitf-20231231.xsd#bitf_Dispositions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_Dispositions_lbl" xml:lang="en-US">Dispositions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_Dispositions" xlink:to="bitf_Dispositions_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Dispositions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl" xml:lang="en-US">Classified as assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentFinanceLeaseReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentFinanceLeaseReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CurrentFinanceLeaseReceivables_lbl" xml:lang="en-US">Less current portion of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinanceLeaseReceivables" xlink:to="ifrs-full_CurrentFinanceLeaseReceivables_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_Payments" xlink:href="bitf-20231231.xsd#bitf_Payments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_Payments_lbl" xml:lang="en-US">Payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_Payments" xlink:to="bitf_Payments_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TerminationBenefitsExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TerminationBenefitsExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TerminationBenefitsExpense_lbl" xml:lang="en-US">Lease termination</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TerminationBenefitsExpense" xlink:to="ifrs-full_TerminationBenefitsExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities_lbl" xml:lang="en-US">Payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:to="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeaseLiabilityConvertedToLongtermDebt" xlink:href="bitf-20231231.xsd#bitf_LeaseLiabilityConvertedToLongtermDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_LeaseLiabilityConvertedToLongtermDebt_lbl" xml:lang="en-US">Gain on extinguishment of lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseLiabilityConvertedToLongtermDebt" xlink:to="bitf_LeaseLiabilityConvertedToLongtermDebt_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ForeignExchange" xlink:href="bitf-20231231.xsd#bitf_ForeignExchange"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_ForeignExchange_lbl" xml:lang="en-US">Foreign exchange</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ForeignExchange" xlink:to="bitf_ForeignExchange_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_LeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LeaseLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_LeaseLiabilities_lbl" xml:lang="en-US">Less current portion of lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LeaseLiabilities_lbl0" xml:lang="en-US">Outstanding lease liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DeferredTaxExpenseIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DeferredTaxExpenseIncome_lbl" xml:lang="en-US">Current year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncome" xlink:to="ifrs-full_DeferredTaxExpenseIncome_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods_lbl" xml:lang="en-US">Prior year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:to="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherPayables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TradeAndOtherPayables_lbl" xml:lang="en-US">Trade payables and accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayables" xlink:to="ifrs-full_TradeAndOtherPayables_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_SellingGeneralAndAdministrativeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_SellingGeneralAndAdministrativeExpense_lbl" xml:lang="en-US">General and administrative expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:to="ifrs-full_SellingGeneralAndAdministrativeExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OperatingExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OperatingExpense_lbl" xml:lang="en-US">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingExpense" xlink:to="ifrs-full_OperatingExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Exercised, Number of Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Forfeited, Number of Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfCancelledInSharebasedPaymentsArrangement" xlink:href="bitf-20231231.xsd#bitf_NumberOfCancelledInSharebasedPaymentsArrangement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_NumberOfCancelledInSharebasedPaymentsArrangement_lbl" xml:lang="en-US">Cancelled, Number of Options (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfCancelledInSharebasedPaymentsArrangement" xlink:to="bitf_NumberOfCancelledInSharebasedPaymentsArrangement_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Expired, Number of Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_EnergyExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EnergyExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_EnergyExpense_lbl" xml:lang="en-US">Energy and infrastructure</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EnergyExpense" xlink:to="ifrs-full_EnergyExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DepreciationAndAmortisationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DepreciationAndAmortisationExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DepreciationAndAmortisationExpense_lbl" xml:lang="en-US">Depreciation and amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PurchasesOfElectricalComponents" xlink:href="bitf-20231231.xsd#bitf_PurchasesOfElectricalComponents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_PurchasesOfElectricalComponents_lbl" xml:lang="en-US">Purchases of electrical components</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchasesOfElectricalComponents" xlink:to="bitf_PurchasesOfElectricalComponents_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WagesAndSalaries" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WagesAndSalaries"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_WagesAndSalaries_lbl" xml:lang="en-US">Electrician salaries and payroll taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WagesAndSalaries" xlink:to="ifrs-full_WagesAndSalaries_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_InsuranceRevenueOtherAmounts" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InsuranceRevenueOtherAmounts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InsuranceRevenueOtherAmounts_lbl" xml:lang="en-US">Insurance, duties and other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InsuranceRevenueOtherAmounts" xlink:to="ifrs-full_InsuranceRevenueOtherAmounts_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TravelExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TravelExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TravelExpense_lbl" xml:lang="en-US">Travel, motor vehicle and meals</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TravelExpense" xlink:to="ifrs-full_TravelExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LossgainOnRevaluationOfWarrants" xlink:href="bitf-20231231.xsd#bitf_LossgainOnRevaluationOfWarrants"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_LossgainOnRevaluationOfWarrants_lbl" xml:lang="en-US">Loss (gain) on revaluation of warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LossgainOnRevaluationOfWarrants" xlink:to="bitf_LossgainOnRevaluationOfWarrants_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NetForeignExchangeLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NetForeignExchangeLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_NetForeignExchangeLoss_lbl" xml:lang="en-US">Loss on foreign exchange</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetForeignExchangeLoss" xlink:to="ifrs-full_NetForeignExchangeLoss_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestExpenseOnBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestExpenseOnBorrowings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestExpenseOnBorrowings_lbl" xml:lang="en-US">Interest on credit facility and long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnBorrowings" xlink:to="ifrs-full_InterestExpenseOnBorrowings_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WarrantIssuanceCosts" xlink:href="bitf-20231231.xsd#bitf_WarrantIssuanceCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_WarrantIssuanceCosts_lbl" xml:lang="en-US">Warrant issuance costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantIssuanceCosts" xlink:to="bitf_WarrantIssuanceCosts_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DiscountExpenseOnVATReceivable" xlink:href="bitf-20231231.xsd#bitf_DiscountExpenseOnVATReceivable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="bitf_DiscountExpenseOnVATReceivable_lbl" xml:lang="en-US">Provision expense on VAT receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DiscountExpenseOnVATReceivable" xlink:to="bitf_DiscountExpenseOnVATReceivable_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherFinanceIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherFinanceIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OtherFinanceIncome_lbl" xml:lang="en-US">Other financial (income) expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceIncome" xlink:to="ifrs-full_OtherFinanceIncome_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BackboneHostingSolutionsIncMember" xlink:href="bitf-20231231.xsd#bitf_BackboneHostingSolutionsIncMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BackboneHostingSolutionsIncMember_lbl" xml:lang="en-US">Backbone Hosting Solutions Inc. [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneHostingSolutionsIncMember" xlink:to="bitf_BackboneHostingSolutionsIncMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_QuebecIncMember" xlink:href="bitf-20231231.xsd#bitf_QuebecIncMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_QuebecIncMember_lbl" xml:lang="en-US">9159-9290 Quebec Inc. [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuebecIncMember" xlink:to="bitf_QuebecIncMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BackboneHostingSolutionsSAUMember" xlink:href="bitf-20231231.xsd#bitf_BackboneHostingSolutionsSAUMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BackboneHostingSolutionsSAUMember_lbl" xml:lang="en-US">Backbone Hosting Solutions SAU [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneHostingSolutionsSAUMember" xlink:to="bitf_BackboneHostingSolutionsSAUMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AnkaraSuitesSAMember" xlink:href="bitf-20231231.xsd#bitf_AnkaraSuitesSAMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AnkaraSuitesSAMember_lbl" xml:lang="en-US">Backbone Hosting Solutions Paraguay SA [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AnkaraSuitesSAMember" xlink:to="bitf_AnkaraSuitesSAMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BackboneMiningSolutionsLLCMember" xlink:href="bitf-20231231.xsd#bitf_BackboneMiningSolutionsLLCMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BackboneMiningSolutionsLLCMember_lbl" xml:lang="en-US">Backbone Mining Solutions LLC [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneMiningSolutionsLLCMember" xlink:to="bitf_BackboneMiningSolutionsLLCMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OrionConstellationTechnologiesIncMember" xlink:href="bitf-20231231.xsd#bitf_OrionConstellationTechnologiesIncMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OrionConstellationTechnologiesIncMember_lbl" xml:lang="en-US">Orion Constellation Technologies Inc. [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OrionConstellationTechnologiesIncMember" xlink:to="bitf_OrionConstellationTechnologiesIncMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitcoinMember" xlink:href="bitf-20231231.xsd#bitf_BitcoinMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitcoinMember_lbl" xml:lang="en-US">Bitcoin [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinMember" xlink:to="bitf_BitcoinMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BlockchainVerificationAndValidationEquipmentprimarilyMinersMember" xlink:href="bitf-20231231.xsd#bitf_BlockchainVerificationAndValidationEquipmentprimarilyMinersMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BlockchainVerificationAndValidationEquipmentprimarilyMinersMember_lbl" xml:lang="en-US">Blockchain Verification and Validation Equipment (primarily Miners) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BlockchainVerificationAndValidationEquipmentprimarilyMinersMember" xlink:to="bitf_BlockchainVerificationAndValidationEquipmentprimarilyMinersMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CanadianDollarsMember" xlink:href="bitf-20231231.xsd#bitf_CanadianDollarsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CanadianDollarsMember_lbl" xml:lang="en-US">Canadian Dollars [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CanadianDollarsMember" xlink:to="bitf_CanadianDollarsMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_USDollarsMember" xlink:href="bitf-20231231.xsd#bitf_USDollarsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_USDollarsMember_lbl" xml:lang="en-US">U.S. Dollars [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_USDollarsMember" xlink:to="bitf_USDollarsMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ArgentinePesosMember" xlink:href="bitf-20231231.xsd#bitf_ArgentinePesosMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ArgentinePesosMember_lbl" xml:lang="en-US">Argentine Pesos [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ArgentinePesosMember" xlink:to="bitf_ArgentinePesosMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_BuildingsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BuildingsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BuildingsMember_lbl" xml:lang="en-US">Leased premises [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BuildingsMember" xlink:to="ifrs-full_BuildingsMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BuildingsMember_lbl0" xml:lang="en-US">Buildings [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BuildingsMember" xlink:to="ifrs-full_BuildingsMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_VehiclesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_VehiclesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_VehiclesMember_lbl" xml:lang="en-US">Vehicles and other [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_VehiclesMember" xlink:to="ifrs-full_VehiclesMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_VehiclesMember_lbl0" xml:lang="en-US">Vehicles [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_VehiclesMember" xlink:to="ifrs-full_VehiclesMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_BVVEAndElectricalComponentsMember" xlink:href="bitf-20231231.xsd#bitf_BVVEAndElectricalComponentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BVVEAndElectricalComponentsMember_lbl" xml:lang="en-US">BVVE and Electrical components [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BVVEAndElectricalComponentsMember" xlink:to="bitf_BVVEAndElectricalComponentsMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_BVVEAndElectricalComponentsMember_lbl0" xml:lang="en-US">BVVE and electrical components [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BVVEAndElectricalComponentsMember" xlink:to="bitf_BVVEAndElectricalComponentsMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_BottomOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BottomOfRangeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xml:lang="en-US">Minimum [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BottomOfRangeMember_lbl0" xml:lang="en-US">Bottom of Range [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="ifrs-full_BottomOfRangeMember_lbl1" xml:lang="en-US">Bottom of range [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl1"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TopOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TopOfRangeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TopOfRangeMember_lbl" xml:lang="en-US">Maximum [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TopOfRangeMember_lbl0" xml:lang="en-US">Top of Range [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="ifrs-full_TopOfRangeMember_lbl1" xml:lang="en-US">Top of range [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_BlockchainVerificationAndValidationEquipmentMember" xlink:href="bitf-20231231.xsd#bitf_BlockchainVerificationAndValidationEquipmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BlockchainVerificationAndValidationEquipmentMember_lbl" xml:lang="en-US">BVVE [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BlockchainVerificationAndValidationEquipmentMember" xlink:to="bitf_BlockchainVerificationAndValidationEquipmentMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_MiningAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_MiningAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_MiningAssetsMember_lbl" xml:lang="en-US">Mineral assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiningAssetsMember" xlink:to="ifrs-full_MiningAssetsMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_MiningAssetsMember_lbl0" xml:lang="en-US">Miners [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiningAssetsMember" xlink:to="ifrs-full_MiningAssetsMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ElectricalEquipmentMember" xlink:href="bitf-20231231.xsd#bitf_ElectricalEquipmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ElectricalEquipmentMember_lbl" xml:lang="en-US">Electrical equipment [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ElectricalEquipmentMember" xlink:to="bitf_ElectricalEquipmentMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_LeaseholdImprovementsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LeaseholdImprovementsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LeaseholdImprovementsMember_lbl" xml:lang="en-US">Leasehold improvements [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseholdImprovementsMember" xlink:to="ifrs-full_LeaseholdImprovementsMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OneYearBeforeReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OneYearBeforeReportingYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OneYearBeforeReportingYearMember_lbl" xml:lang="en-US">Year 1 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OneYearBeforeReportingYearMember" xlink:to="ifrs-full_OneYearBeforeReportingYearMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TwoYearsBeforeReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TwoYearsBeforeReportingYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TwoYearsBeforeReportingYearMember_lbl" xml:lang="en-US">Year 2 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TwoYearsBeforeReportingYearMember" xlink:to="ifrs-full_TwoYearsBeforeReportingYearMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ThreeYearsBeforeReportingYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ThreeYearsBeforeReportingYearMember_lbl" xml:lang="en-US">Year 3 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:to="ifrs-full_ThreeYearsBeforeReportingYearMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FourYearsBeforeReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FourYearsBeforeReportingYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FourYearsBeforeReportingYearMember_lbl" xml:lang="en-US">Year 4 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FourYearsBeforeReportingYearMember" xlink:to="ifrs-full_FourYearsBeforeReportingYearMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FiveYearsBeforeReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FiveYearsBeforeReportingYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FiveYearsBeforeReportingYearMember_lbl" xml:lang="en-US">Year 5 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FiveYearsBeforeReportingYearMember" xlink:to="ifrs-full_FiveYearsBeforeReportingYearMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ComputerSoftwareMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComputerSoftwareMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ComputerSoftwareMember_lbl" xml:lang="en-US">System Software [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComputerSoftwareMember" xlink:to="ifrs-full_ComputerSoftwareMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ComputerSoftwareMember_lbl0" xml:lang="en-US">Systems software [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComputerSoftwareMember" xlink:to="ifrs-full_ComputerSoftwareMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_AccessRightsToElectricityMember" xlink:href="bitf-20231231.xsd#bitf_AccessRightsToElectricityMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AccessRightsToElectricityMember_lbl" xml:lang="en-US">Access rights to electricity [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccessRightsToElectricityMember" xlink:to="bitf_AccessRightsToElectricityMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_FavorableLeaseMember" xlink:href="bitf-20231231.xsd#bitf_FavorableLeaseMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_FavorableLeaseMember_lbl" xml:lang="en-US">Favorable lease [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FavorableLeaseMember" xlink:to="bitf_FavorableLeaseMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Level1OfFairValueHierarchyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 1 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Level2OfFairValueHierarchyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 2 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Level3OfFairValueHierarchyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 3 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level3OfFairValueHierarchyMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PreviouslyStatedMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PreviouslyStatedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PreviouslyStatedMember_lbl" xml:lang="en-US">As Reported [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PreviouslyStatedMember" xlink:to="ifrs-full_PreviouslyStatedMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CashFlowReclassificationMember" xlink:href="bitf-20231231.xsd#bitf_CashFlowReclassificationMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CashFlowReclassificationMember_lbl" xml:lang="en-US">Cash Flow Reclassification [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CashFlowReclassificationMember" xlink:to="bitf_CashFlowReclassificationMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AsRestatedMember" xlink:href="bitf-20231231.xsd#bitf_AsRestatedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AsRestatedMember_lbl" xml:lang="en-US">As restated [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AsRestatedMember" xlink:to="bitf_AsRestatedMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_AsRestatedMember_lbl0" xml:lang="en-US">As Restated [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AsRestatedMember" xlink:to="bitf_AsRestatedMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WarrantsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WarrantsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WarrantsMember_lbl" xml:lang="en-US">Warrants [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WarrantsMember" xlink:to="ifrs-full_WarrantsMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_WarrantsMember_lbl0" xml:lang="en-US">November 28, 2023 Warrants [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WarrantsMember" xlink:to="ifrs-full_WarrantsMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="ifrs-full_WarrantsMember_lbl1" xml:lang="en-US">Warrant [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WarrantsMember" xlink:to="ifrs-full_WarrantsMember_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_AdjustmentsMember" xlink:href="bitf-20231231.xsd#bitf_AdjustmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdjustmentsMember_lbl" xml:lang="en-US">Adjustments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsMember" xlink:to="bitf_AdjustmentsMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AcquisitionsOfAssetsMember" xlink:href="bitf-20231231.xsd#bitf_AcquisitionsOfAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AcquisitionsOfAssetsMember_lbl" xml:lang="en-US">Acquisitions of Assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AcquisitionsOfAssetsMember" xlink:to="bitf_AcquisitionsOfAssetsMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_VillarricaMember" xlink:href="bitf-20231231.xsd#bitf_VillarricaMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_VillarricaMember_lbl" xml:lang="en-US">Villarrica [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_VillarricaMember" xlink:to="bitf_VillarricaMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_YguazuMember" xlink:href="bitf-20231231.xsd#bitf_YguazuMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_YguazuMember_lbl" xml:lang="en-US">Yguazu [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_YguazuMember" xlink:to="bitf_YguazuMember_lbl"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantsJanuaryOneMember" xlink:to="bitf_BrokerWarrantsJanuaryOneMember_lbl"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantsFebruaryMember" xlink:to="bitf_BrokerWarrantsFebruaryMember_lbl"/>
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    <loc xlink:type="locator" xlink:label="bitf_BrokerWarrantsMayMember" xlink:href="bitf-20231231.xsd#bitf_BrokerWarrantsMayMember"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantsMayMember" xlink:to="bitf_BrokerWarrantsMayMember_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_InnosiliconT2TCanaanAvalonA10AntminerT15AntminerS15MinersMember_lbl0" xml:lang="en-US">Innosilicon T2T &amp; T3, Canaan Avalon A10 and Antminer T15 &amp; S15 Miners Value [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="bitf_InnosiliconT2TCanaanAvalonA10AntminerT15AntminerS15MinersMember_lbl1" xml:lang="en-US">Innosilicon T2T, Canaan Avalon A10, Antminer T15 and Antminer S15 miners [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_InnosiliconT2TCanaanAvalonA10AntminerT15AntminerS15MinersMember" xlink:to="bitf_InnosiliconT2TCanaanAvalonA10AntminerT15AntminerS15MinersMember_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_InnosiliconT2TCanaanAvalonA10AntminerT15AntminerS15MinersMember_lbl2" xml:lang="en-US">Innosilicon T2T, Canaan Avalon A10, Antminer T15 &amp; Antminer S15 miners [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_InnosiliconT2TCanaanAvalonA10AntminerT15AntminerS15MinersMember" xlink:to="bitf_InnosiliconT2TCanaanAvalonA10AntminerT15AntminerS15MinersMember_lbl2"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MicroBTWhatsminerM20SMinersMember" xlink:to="bitf_MicroBTWhatsminerM20SMinersMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_MicroBTWhatsminerM20SMinersMember_lbl0" xml:lang="en-US">MicroBT Whatsminer M20S Miners Value [Member]</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitmainS19jProMinersMember" xlink:to="bitf_BitmainS19jProMinersMember_lbl"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitmainS19jProMinersMember" xlink:to="bitf_BitmainS19jProMinersMember_lbl0"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuebecCGUMember" xlink:to="bitf_QuebecCGUMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_QuebecCGUMember_lbl0" xml:lang="en-US">Quebec CGU [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ParaguayCryptocurrencyMiningCGUParaguayCGUMember_lbl" xml:lang="en-US">Paraguay cryptocurrency mining CGU (&#8220;Paraguay CGU&#8221;) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ParaguayCryptocurrencyMiningCGUParaguayCGUMember" xlink:to="bitf_ParaguayCryptocurrencyMiningCGUParaguayCGUMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GrossCarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GrossCarryingAmountMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl" xml:lang="en-US">Cost [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="ifrs-full_AccumulatedDepreciationAndAmortisationMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_MineralAssetsMember" xlink:href="bitf-20231231.xsd#bitf_MineralAssetsMember"/>
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    <loc xlink:type="locator" xlink:label="ifrs-full_LandAndBuildingsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LandAndBuildingsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LandAndBuildingsMember_lbl" xml:lang="en-US">Land and buildings [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LandAndBuildingsMember" xlink:to="ifrs-full_LandAndBuildingsMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_MicroBTWhatsminerMember" xlink:href="bitf-20231231.xsd#bitf_MicroBTWhatsminerMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_MicroBTWhatsminerMember_lbl" xml:lang="en-US">MicroBT Whatsminer [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MicroBTWhatsminerMember" xlink:to="bitf_MicroBTWhatsminerMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitmainS19jProMember" xlink:href="bitf-20231231.xsd#bitf_BitmainS19jProMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitmainS19jProMember_lbl" xml:lang="en-US">Bitmain S19j Pro [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitmainS19jProMember" xlink:to="bitf_BitmainS19jProMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_InnosiliconT3T2TMember" xlink:href="bitf-20231231.xsd#bitf_InnosiliconT3T2TMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_InnosiliconT3T2TMember_lbl" xml:lang="en-US">Innosilicon T3 &amp; T2T [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_InnosiliconT3T2TMember" xlink:to="bitf_InnosiliconT3T2TMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitmainS19XPMember" xlink:href="bitf-20231231.xsd#bitf_BitmainS19XPMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitmainS19XPMember_lbl" xml:lang="en-US">Bitmain S19XP [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitmainS19XPMember" xlink:to="bitf_BitmainS19XPMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_MicroBTWhatsminerOneMember" xlink:href="bitf-20231231.xsd#bitf_MicroBTWhatsminerOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_MicroBTWhatsminerOneMember_lbl" xml:lang="en-US">MicroBT Whatsminer One [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MicroBTWhatsminerOneMember" xlink:to="bitf_MicroBTWhatsminerOneMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitmainS19jProOneMember" xlink:href="bitf-20231231.xsd#bitf_BitmainS19jProOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitmainS19jProOneMember_lbl" xml:lang="en-US">Bitmain S19j Pro [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitmainS19jProOneMember" xlink:to="bitf_BitmainS19jProOneMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_InnosiliconT3T2TOneMember" xlink:href="bitf-20231231.xsd#bitf_InnosiliconT3T2TOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_InnosiliconT3T2TOneMember_lbl" xml:lang="en-US">Innosilicon T3 &amp; T2T [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_InnosiliconT3T2TOneMember" xlink:to="bitf_InnosiliconT3T2TOneMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CanaanAvalonA10Member" xlink:href="bitf-20231231.xsd#bitf_CanaanAvalonA10Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CanaanAvalonA10Member_lbl" xml:lang="en-US">Canaan Avalon A10 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CanaanAvalonA10Member" xlink:to="bitf_CanaanAvalonA10Member_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitmainS19XPOneMember" xlink:href="bitf-20231231.xsd#bitf_BitmainS19XPOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitmainS19XPOneMember_lbl" xml:lang="en-US">Bitmain S19XP [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitmainS19XPOneMember" xlink:to="bitf_BitmainS19XPOneMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OtherBitmainAntminersMember" xlink:href="bitf-20231231.xsd#bitf_OtherBitmainAntminersMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OtherBitmainAntminersMember_lbl" xml:lang="en-US">Other Bitmain Antminers [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OtherBitmainAntminersMember" xlink:to="bitf_OtherBitmainAntminersMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BaieComeauQuebecMember" xlink:href="bitf-20231231.xsd#bitf_BaieComeauQuebecMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BaieComeauQuebecMember_lbl" xml:lang="en-US">Baie-Comeau, Quebec [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BaieComeauQuebecMember" xlink:to="bitf_BaieComeauQuebecMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_VillarricaPasoPeParaguayMember" xlink:href="bitf-20231231.xsd#bitf_VillarricaPasoPeParaguayMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_VillarricaPasoPeParaguayMember_lbl" xml:lang="en-US">Villarrica (Paso Pe), Paraguay [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_VillarricaPasoPeParaguayMember" xlink:to="bitf_VillarricaPasoPeParaguayMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_YguazuParaguayMember" xlink:href="bitf-20231231.xsd#bitf_YguazuParaguayMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_YguazuParaguayMember_lbl" xml:lang="en-US">Yguazu, Paraguay [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_YguazuParaguayMember" xlink:to="bitf_YguazuParaguayMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongTermDepositMember" xlink:href="bitf-20231231.xsd#bitf_LongTermDepositMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LongTermDepositMember_lbl" xml:lang="en-US">Long Term Deposit [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongTermDepositMember" xlink:to="bitf_LongTermDepositMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ThreeMonthsEndingMarchMember" xlink:href="bitf-20231231.xsd#bitf_ThreeMonthsEndingMarchMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ThreeMonthsEndingMarchMember_lbl" xml:lang="en-US">Three months ending March 31, 2024 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ThreeMonthsEndingMarchMember" xlink:to="bitf_ThreeMonthsEndingMarchMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ThreeMonthsEndingJuneMember" xlink:href="bitf-20231231.xsd#bitf_ThreeMonthsEndingJuneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ThreeMonthsEndingJuneMember_lbl" xml:lang="en-US">Three months ending June 30, 2024 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ThreeMonthsEndingJuneMember" xlink:to="bitf_ThreeMonthsEndingJuneMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeasedPremisesMember" xlink:href="bitf-20231231.xsd#bitf_LeasedPremisesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LeasedPremisesMember_lbl" xml:lang="en-US">Leased premises [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeasedPremisesMember" xlink:to="bitf_LeasedPremisesMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl" xml:lang="en-US">Other equipment [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TotalROUAssetsMember" xlink:href="bitf-20231231.xsd#bitf_TotalROUAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TotalROUAssetsMember_lbl" xml:lang="en-US">Total ROU assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalROUAssetsMember" xlink:to="bitf_TotalROUAssetsMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_LeaseLiabilitiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LeaseLiabilitiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LeaseLiabilitiesMember_lbl" xml:lang="en-US">Lease liabilities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilitiesMember" xlink:to="ifrs-full_LeaseLiabilitiesMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_EffectiveTaxRateMember" xlink:href="bitf-20231231.xsd#bitf_EffectiveTaxRateMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_EffectiveTaxRateMember_lbl" xml:lang="en-US">Effective tax rate [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectiveTaxRateMember" xlink:to="bitf_EffectiveTaxRateMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OperatingLossesCarriedForwardMember" xlink:href="bitf-20231231.xsd#bitf_OperatingLossesCarriedForwardMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OperatingLossesCarriedForwardMember_lbl" xml:lang="en-US">Operating losses carried forward [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OperatingLossesCarriedForwardMember" xlink:to="bitf_OperatingLossesCarriedForwardMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeaseLiabilityMember" xlink:href="bitf-20231231.xsd#bitf_LeaseLiabilityMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LeaseLiabilityMember_lbl" xml:lang="en-US">Lease liability [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseLiabilityMember" xlink:to="bitf_LeaseLiabilityMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetRetirementProvisionMember" xlink:href="bitf-20231231.xsd#bitf_AssetRetirementProvisionMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AssetRetirementProvisionMember_lbl" xml:lang="en-US">Asset Retirement provision [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetRetirementProvisionMember" xlink:to="bitf_AssetRetirementProvisionMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_FinancingFeesMember" xlink:href="bitf-20231231.xsd#bitf_FinancingFeesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_FinancingFeesMember_lbl" xml:lang="en-US">Financing fees [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FinancingFeesMember" xlink:to="bitf_FinancingFeesMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PPEMember" xlink:href="bitf-20231231.xsd#bitf_PPEMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PPEMember_lbl" xml:lang="en-US">PPE [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PPEMember" xlink:to="bitf_PPEMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ReservesAndOtherMember" xlink:href="bitf-20231231.xsd#bitf_ReservesAndOtherMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ReservesAndOtherMember_lbl" xml:lang="en-US">Reserves and other [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ReservesAndOtherMember" xlink:to="bitf_ReservesAndOtherMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TotalMember" xlink:href="bitf-20231231.xsd#bitf_TotalMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TotalMember_lbl" xml:lang="en-US">Total [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalMember" xlink:to="bitf_TotalMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ROUAssetMember" xlink:href="bitf-20231231.xsd#bitf_ROUAssetMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ROUAssetMember_lbl" xml:lang="en-US">ROU Asset [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ROUAssetMember" xlink:to="bitf_ROUAssetMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_RevervesAndOtherMember" xlink:href="bitf-20231231.xsd#bitf_RevervesAndOtherMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_RevervesAndOtherMember_lbl" xml:lang="en-US">Reserves and other [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RevervesAndOtherMember" xlink:to="bitf_RevervesAndOtherMember_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrencyRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrencyRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrencyRiskMember_lbl" xml:lang="en-US">Foreign Currency Risk [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrencyRiskMember" xlink:to="ifrs-full_CurrencyRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_YearOneMember" xlink:href="bitf-20231231.xsd#bitf_YearOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_YearOneMember_lbl" xml:lang="en-US">2023 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_YearOneMember" xlink:to="bitf_YearOneMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_YearTwoMember" xlink:href="bitf-20231231.xsd#bitf_YearTwoMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_YearTwoMember_lbl" xml:lang="en-US">2024 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_YearTwoMember" xlink:to="bitf_YearTwoMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_YearThreeMember" xlink:href="bitf-20231231.xsd#bitf_YearThreeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_YearThreeMember_lbl" xml:lang="en-US">2025 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_YearThreeMember" xlink:to="bitf_YearThreeMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_YearFourMember" xlink:href="bitf-20231231.xsd#bitf_YearFourMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_YearFourMember_lbl" xml:lang="en-US">2026 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_YearFourMember" xlink:to="bitf_YearFourMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AfterFiveYearMember" xlink:href="bitf-20231231.xsd#bitf_AfterFiveYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AfterFiveYearMember_lbl" xml:lang="en-US">2027 and thereafter [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AfterFiveYearMember" xlink:to="bitf_AfterFiveYearMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BackboneMember" xlink:href="bitf-20231231.xsd#bitf_BackboneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BackboneMember_lbl" xml:lang="en-US">Backbone [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneMember" xlink:to="bitf_BackboneMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BackboneArgentinaMember" xlink:href="bitf-20231231.xsd#bitf_BackboneArgentinaMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BackboneArgentinaMember_lbl" xml:lang="en-US">Backbone Argentina [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneArgentinaMember" xlink:to="bitf_BackboneArgentinaMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BackboneParaguayMember" xlink:href="bitf-20231231.xsd#bitf_BackboneParaguayMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BackboneParaguayMember_lbl" xml:lang="en-US">Backbone Paraguay [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneParaguayMember" xlink:to="bitf_BackboneParaguayMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BackboneMiningMember" xlink:href="bitf-20231231.xsd#bitf_BackboneMiningMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BackboneMiningMember_lbl" xml:lang="en-US">Backbone Mining [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneMiningMember" xlink:to="bitf_BackboneMiningMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OrionMember" xlink:href="bitf-20231231.xsd#bitf_OrionMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OrionMember_lbl" xml:lang="en-US">Orion [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OrionMember" xlink:to="bitf_OrionMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_VoltaMember" xlink:href="bitf-20231231.xsd#bitf_VoltaMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_VoltaMember_lbl" xml:lang="en-US">Volta [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_VoltaMember" xlink:to="bitf_VoltaMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BlackScholesModelMember" xlink:href="bitf-20231231.xsd#bitf_BlackScholesModelMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BlackScholesModelMember_lbl" xml:lang="en-US">Black Scholes Model [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BlackScholesModelMember" xlink:to="bitf_BlackScholesModelMember_lbl"/>
    <loc xlink:type="locator" xlink:label="country_CA" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_CA"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="country_CA_lbl" xml:lang="en-US">Canada [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_CA" xlink:to="country_CA_lbl"/>
    <loc xlink:type="locator" xlink:label="country_US" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_US"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="country_US_lbl" xml:lang="en-US">USA	[Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_US" xlink:to="country_US_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="country_US_lbl0" xml:lang="en-US">USA [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_US" xlink:to="country_US_lbl0"/>
    <loc xlink:type="locator" xlink:label="country_AR" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_AR"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="country_AR_lbl" xml:lang="en-US">Argentina [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_AR" xlink:to="country_AR_lbl"/>
    <loc xlink:type="locator" xlink:label="country_PY" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_PY"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="country_PY_lbl" xml:lang="en-US">Paraguay [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_PY" xlink:to="country_PY_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_BusinessCombinationsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BusinessCombinationsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BusinessCombinationsAxis_lbl" xml:lang="en-US">Business combinations [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BusinessCombinationsAxis" xlink:to="ifrs-full_BusinessCombinationsAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SaleOfStockAxis" xlink:href="bitf-20231231.xsd#bitf_SaleOfStockAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_SaleOfStockAxis_lbl" xml:lang="en-US">Sale of Stock [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SaleOfStockAxis" xlink:to="bitf_SaleOfStockAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xml:lang="en-US">Non-adjusting events after reporting period [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_BorrowingsByNameAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BorrowingsByNameAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsByNameAxis_lbl" xml:lang="en-US">Borrowings by name [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsByNameAxis" xlink:to="ifrs-full_BorrowingsByNameAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfAssetsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xml:lang="en-US">Classes of assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_RetirementProvisionAxis" xlink:href="bitf-20231231.xsd#bitf_RetirementProvisionAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_RetirementProvisionAxis_lbl" xml:lang="en-US">Retirement Provision [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RetirementProvisionAxis" xlink:to="bitf_RetirementProvisionAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfShareCapitalAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfShareCapitalAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl" xml:lang="en-US">Classes of share capital [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalAxis" xlink:to="ifrs-full_ClassesOfShareCapitalAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_lbl" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:to="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl" xml:lang="en-US">Types of share-based payment arrangements [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:to="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl"/>
    <loc xlink:type="locator" xlink:label="us-gaap_AccountingPoliciesAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xml:lang="en-US">Accounting Policies [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BitcoinIssuedDescription" xlink:href="bitf-20231231.xsd#bitf_BitcoinIssuedDescription"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BitcoinIssuedDescription_lbl" xml:lang="en-US">Bitcoin issued, description</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinIssuedDescription" xlink:to="bitf_BitcoinIssuedDescription_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAcquisitionOfAssetsByAssumingDirectlyRelatedLiabilitiesOrByMeansOfLease" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfAcquisitionOfAssetsByAssumingDirectlyRelatedLiabilitiesOrByMeansOfLease"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfAcquisitionOfAssetsByAssumingDirectlyRelatedLiabilitiesOrByMeansOfLease_lbl" xml:lang="en-US">Lease assets, descriptions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAcquisitionOfAssetsByAssumingDirectlyRelatedLiabilitiesOrByMeansOfLease" xlink:to="ifrs-full_DescriptionOfAcquisitionOfAssetsByAssumingDirectlyRelatedLiabilitiesOrByMeansOfLease_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeaseExceedsTerm" xlink:href="bitf-20231231.xsd#bitf_LeaseExceedsTerm"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LeaseExceedsTerm_lbl" xml:lang="en-US">Lease exceeds term</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseExceedsTerm" xlink:to="bitf_LeaseExceedsTerm_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl" xml:lang="en-US">Consideration transferred amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CashTransferred" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashTransferred"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashTransferred_lbl" xml:lang="en-US">Paid in cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashTransferred" xlink:to="ifrs-full_CashTransferred_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashTransferred_lbl0" xml:lang="en-US">Cash received</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashTransferred" xlink:to="ifrs-full_CashTransferred_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IssuedCapitalOrdinaryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IssuedCapitalOrdinaryShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IssuedCapitalOrdinaryShares_lbl" xml:lang="en-US">Consideration paid through shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapitalOrdinaryShares" xlink:to="ifrs-full_IssuedCapitalOrdinaryShares_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BusinessCombinationCommonShares" xlink:href="bitf-20231231.xsd#bitf_BusinessCombinationCommonShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BusinessCombinationCommonShares_lbl" xml:lang="en-US">Common shares (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BusinessCombinationCommonShares" xlink:to="bitf_BusinessCombinationCommonShares_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TradeReceivableInTerms" xlink:href="bitf-20231231.xsd#bitf_TradeReceivableInTerms"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TradeReceivableInTerms_lbl" xml:lang="en-US">Trade receivables terms</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradeReceivableInTerms" xlink:to="bitf_TradeReceivableInTerms_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome_lbl" xml:lang="en-US">Deferred income tax expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome" xlink:to="ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentWarrantLiability" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentWarrantLiability"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentWarrantLiability_lbl" xml:lang="en-US">Warrant liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentWarrantLiability" xlink:to="ifrs-full_CurrentWarrantLiability_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherLiabilities_lbl" xml:lang="en-US">Relating cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherLiabilities" xlink:to="ifrs-full_OtherLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_MiningAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_MiningAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_MiningAssets_lbl" xml:lang="en-US">Carrying amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiningAssets" xlink:to="ifrs-full_MiningAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromDisposalOfMiningAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromDisposalOfMiningAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromDisposalOfMiningAssets_lbl" xml:lang="en-US">Net proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromDisposalOfMiningAssets" xlink:to="ifrs-full_ProceedsFromDisposalOfMiningAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetProceedsLoss" xlink:href="bitf-20231231.xsd#bitf_NetProceedsLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetProceedsLoss_lbl" xml:lang="en-US">Loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetProceedsLoss" xlink:to="bitf_NetProceedsLoss_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetProceedsGain" xlink:href="bitf-20231231.xsd#bitf_NetProceedsGain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetProceedsGain_lbl" xml:lang="en-US">Gain</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetProceedsGain" xlink:to="bitf_NetProceedsGain_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfMicroBTWhatsminerM20SMinersSold" xlink:href="bitf-20231231.xsd#bitf_NumberOfMicroBTWhatsminerM20SMinersSold"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfMicroBTWhatsminerM20SMinersSold_lbl" xml:lang="en-US">Number of micro BT whatsminer M20S miners sold (in Miners)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfMicroBTWhatsminerM20SMinersSold" xlink:to="bitf_NumberOfMicroBTWhatsminerM20SMinersSold_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchaseOfMiningAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfMiningAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PurchaseOfMiningAssets_lbl" xml:lang="en-US">Carrying value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfMiningAssets" xlink:to="ifrs-full_PurchaseOfMiningAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetOfImpairmentCharge" xlink:href="bitf-20231231.xsd#bitf_NetOfImpairmentCharge"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetOfImpairmentCharge_lbl" xml:lang="en-US">Net of impairment charge</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetOfImpairmentCharge" xlink:to="bitf_NetOfImpairmentCharge_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DepositAmount" xlink:href="bitf-20231231.xsd#bitf_DepositAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DepositAmount_lbl" xml:lang="en-US">Deposit amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DepositAmount" xlink:to="bitf_DepositAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_lbl" xml:lang="en-US">Short-term prepaid deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:to="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EstimatedFinancialEffectOfContingentAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentAssets_lbl" xml:lang="en-US">Estimated cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EstimatedFinancialEffectOfContingentAssets" xlink:to="ifrs-full_EstimatedFinancialEffectOfContingentAssets_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements_lbl" xml:lang="en-US">Determined value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" xlink:to="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ImpairmentCharge" xlink:href="bitf-20231231.xsd#bitf_ImpairmentCharge"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ImpairmentCharge_lbl" xml:lang="en-US">Impairment charge</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentCharge" xlink:to="bitf_ImpairmentCharge_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ImpairmentChargeToGoodwill" xlink:href="bitf-20231231.xsd#bitf_ImpairmentChargeToGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ImpairmentChargeToGoodwill_lbl" xml:lang="en-US">Impairment charge to goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentChargeToGoodwill" xlink:to="bitf_ImpairmentChargeToGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PurchaseAgreement" xlink:href="bitf-20231231.xsd#bitf_PurchaseAgreement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PurchaseAgreement_lbl" xml:lang="en-US">Purchase agreement (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchaseAgreement" xlink:to="bitf_PurchaseAgreement_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_depositsWereReversed" xlink:href="bitf-20231231.xsd#bitf_depositsWereReversed"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_depositsWereReversed_lbl" xml:lang="en-US">Impairment losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_depositsWereReversed" xlink:to="bitf_depositsWereReversed_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialAssetsAtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl" xml:lang="en-US">Fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ImpairmentLossOnFinancialAsset" xlink:href="bitf-20231231.xsd#bitf_ImpairmentLossOnFinancialAsset"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ImpairmentLossOnFinancialAsset_lbl" xml:lang="en-US">Impairment value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentLossOnFinancialAsset" xlink:to="bitf_ImpairmentLossOnFinancialAsset_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentInventoriesHeldForSale" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentInventoriesHeldForSale"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentInventoriesHeldForSale_lbl" xml:lang="en-US">Classified as assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentInventoriesHeldForSale" xlink:to="ifrs-full_CurrentInventoriesHeldForSale_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_lbl" xml:lang="en-US">Assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:to="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PropertyPlantAndEquipmentNetValue" xlink:href="bitf-20231231.xsd#bitf_PropertyPlantAndEquipmentNetValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PropertyPlantAndEquipmentNetValue_lbl" xml:lang="en-US">Property, plant and equipment net book value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantAndEquipmentNetValue" xlink:to="bitf_PropertyPlantAndEquipmentNetValue_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bitf_PropertyPlantAndEquipmentNetValue_lbl0" xml:lang="en-US">Property, plant and equipment net value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantAndEquipmentNetValue" xlink:to="bitf_PropertyPlantAndEquipmentNetValue_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_Deposit" xlink:href="bitf-20231231.xsd#bitf_Deposit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_Deposit_lbl" xml:lang="en-US">Deposit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_Deposit" xlink:to="bitf_Deposit_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_BookValue" xlink:href="bitf-20231231.xsd#bitf_BookValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_BookValue_lbl" xml:lang="en-US">Book value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BookValue" xlink:to="bitf_BookValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ImpairmentsOfBookValue" xlink:href="bitf-20231231.xsd#bitf_ImpairmentsOfBookValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ImpairmentsOfBookValue_lbl" xml:lang="en-US">Impairments of book value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentsOfBookValue" xlink:to="bitf_ImpairmentsOfBookValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DepositsForConstructionAmount" xlink:href="bitf-20231231.xsd#bitf_DepositsForConstructionAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DepositsForConstructionAmount_lbl" xml:lang="en-US">Deposits construction amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DepositsForConstructionAmount" xlink:to="bitf_DepositsForConstructionAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_Commitments" xlink:href="bitf-20231231.xsd#bitf_Commitments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_Commitments_lbl" xml:lang="en-US">Commitments, description</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_Commitments" xlink:to="bitf_Commitments_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OutstandingCreditBalance" xlink:href="bitf-20231231.xsd#bitf_OutstandingCreditBalance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OutstandingCreditBalance_lbl" xml:lang="en-US">Outstanding credit balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OutstandingCreditBalance" xlink:to="bitf_OutstandingCreditBalance_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfMiners" xlink:href="bitf-20231231.xsd#bitf_NumberOfMiners"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfMiners_lbl" xml:lang="en-US">Number of miners (in Miners)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfMiners" xlink:to="bitf_NumberOfMiners_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TotalCost" xlink:href="bitf-20231231.xsd#bitf_TotalCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TotalCost_lbl" xml:lang="en-US">Miners total cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalCost" xlink:to="bitf_TotalCost_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NonRefundableDeposit" xlink:href="bitf-20231231.xsd#bitf_NonRefundableDeposit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NonRefundableDeposit_lbl" xml:lang="en-US">Non refundable deposit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NonRefundableDeposit" xlink:to="bitf_NonRefundableDeposit_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdditionalMiners" xlink:href="bitf-20231231.xsd#bitf_AdditionalMiners"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdditionalMiners_lbl" xml:lang="en-US">Additional bitmain T21 miners (in Miners)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalMiners" xlink:to="bitf_AdditionalMiners_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TotalHoldingFunds" xlink:href="bitf-20231231.xsd#bitf_TotalHoldingFunds"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_TotalHoldingFunds_lbl" xml:lang="en-US">Bitmain T21 miners totaling</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalHoldingFunds" xlink:to="bitf_TotalHoldingFunds_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdditionalNonRefundableDeposit" xlink:href="bitf-20231231.xsd#bitf_AdditionalNonRefundableDeposit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdditionalNonRefundableDeposit_lbl" xml:lang="en-US">Non refundable deposit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalNonRefundableDeposit" xlink:to="bitf_AdditionalNonRefundableDeposit_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ImportDuty" xlink:href="bitf-20231231.xsd#bitf_ImportDuty"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ImportDuty_lbl" xml:lang="en-US">Importation duty</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImportDuty" xlink:to="bitf_ImportDuty_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CustomDuties" xlink:href="bitf-20231231.xsd#bitf_CustomDuties"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CustomDuties_lbl" xml:lang="en-US">Custom duties</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CustomDuties" xlink:to="bitf_CustomDuties_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PrepaymentPenaltiesAmount" xlink:href="bitf-20231231.xsd#bitf_PrepaymentPenaltiesAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PrepaymentPenaltiesAmount_lbl" xml:lang="en-US">Prepayment penalties amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PrepaymentPenaltiesAmount" xlink:to="bitf_PrepaymentPenaltiesAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromCurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromCurrentBorrowings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromCurrentBorrowings_lbl" xml:lang="en-US">Gross proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromCurrentBorrowings" xlink:to="ifrs-full_ProceedsFromCurrentBorrowings_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GrossUnits" xlink:href="bitf-20231231.xsd#bitf_GrossUnits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_GrossUnits_lbl" xml:lang="en-US">Gross proceeds units (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GrossUnits" xlink:to="bitf_GrossUnits_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetProceed" xlink:href="bitf-20231231.xsd#bitf_NetProceed"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetProceed_lbl" xml:lang="en-US">Net proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetProceed" xlink:to="bitf_NetProceed_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfessionalFeesExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfessionalFeesExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfessionalFeesExpense_lbl" xml:lang="en-US">Closing transaction fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfessionalFeesExpense" xlink:to="ifrs-full_ProfessionalFeesExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ExtinguishmentOfLongtermLossDebt" xlink:href="bitf-20231231.xsd#bitf_ExtinguishmentOfLongtermLossDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ExtinguishmentOfLongtermLossDebt_lbl" xml:lang="en-US">Extinguishment of long-term loss debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ExtinguishmentOfLongtermLossDebt" xlink:to="bitf_ExtinguishmentOfLongtermLossDebt_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CollateralMarketFairValue" xlink:href="bitf-20231231.xsd#bitf_CollateralMarketFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CollateralMarketFairValue_lbl" xml:lang="en-US">Collateral market fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CollateralMarketFairValue" xlink:to="bitf_CollateralMarketFairValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeaseAgreementInitialTerm" xlink:href="bitf-20231231.xsd#bitf_LeaseAgreementInitialTerm"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LeaseAgreementInitialTerm_lbl" xml:lang="en-US">Lease agreement initial term</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseAgreementInitialTerm" xlink:to="bitf_LeaseAgreementInitialTerm_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeaseAgreementsAmount" xlink:href="bitf-20231231.xsd#bitf_LeaseAgreementsAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LeaseAgreementsAmount_lbl" xml:lang="en-US">Lease agreement amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseAgreementsAmount" xlink:to="bitf_LeaseAgreementsAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ConsumerPricePercentage" xlink:href="bitf-20231231.xsd#bitf_ConsumerPricePercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ConsumerPricePercentage_lbl" xml:lang="en-US">Consumer price index percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ConsumerPricePercentage" xlink:to="bitf_ConsumerPricePercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeaseActivity" xlink:href="bitf-20231231.xsd#bitf_LeaseActivity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_LeaseActivity_lbl" xml:lang="en-US">Lease activity, description</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseActivity" xlink:to="bitf_LeaseActivity_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfMiningHardware" xlink:href="bitf-20231231.xsd#bitf_NumberOfMiningHardware"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfMiningHardware_lbl" xml:lang="en-US">Number of mining hardware</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfMiningHardware" xlink:to="bitf_NumberOfMiningHardware_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ReversalOfImpairmentLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ReversalOfImpairmentLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ReversalOfImpairmentLoss_lbl" xml:lang="en-US">Impairment loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReversalOfImpairmentLoss" xlink:to="ifrs-full_ReversalOfImpairmentLoss_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxRateEffectFromChangeInTaxRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TaxRateEffectFromChangeInTaxRate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TaxRateEffectFromChangeInTaxRate_lbl" xml:lang="en-US">Deferred tax rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxRateEffectFromChangeInTaxRate" xlink:to="ifrs-full_TaxRateEffectFromChangeInTaxRate_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived_lbl" xml:lang="en-US">Lease terms</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xlink:to="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl" xml:lang="en-US">Present value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PercentageOfAnnualDiscountRates" xlink:href="bitf-20231231.xsd#bitf_PercentageOfAnnualDiscountRates"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PercentageOfAnnualDiscountRates_lbl" xml:lang="en-US">Percentage of annual discount rates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PercentageOfAnnualDiscountRates" xlink:to="bitf_PercentageOfAnnualDiscountRates_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetsRetirementProvisions" xlink:href="bitf-20231231.xsd#bitf_AssetsRetirementProvisions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AssetsRetirementProvisions_lbl" xml:lang="en-US">Asset retirement provision</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetsRetirementProvisions" xlink:to="bitf_AssetsRetirementProvisions_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl" xml:lang="en-US">Related property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainRecognisedInBargainPurchaseTransaction"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainRecognisedInBargainPurchaseTransaction_lbl" xml:lang="en-US">Recognized gain</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:to="ifrs-full_GainRecognisedInBargainPurchaseTransaction_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfSharesIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfSharesIssued"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xml:lang="en-US">Common stock, shares issued (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssued" xlink:to="ifrs-full_NumberOfSharesIssued_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl" xml:lang="en-US">Weighted average contractual life, term</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:to="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl0" xml:lang="en-US">Weighted average contractual life of the stock option</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:to="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl" xml:lang="en-US">Cash consideration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" xlink:to="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IssuanceOfWarrantsGranted" xlink:href="bitf-20231231.xsd#bitf_IssuanceOfWarrantsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IssuanceOfWarrantsGranted_lbl" xml:lang="en-US">Issuance of warrants granted (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IssuanceOfWarrantsGranted" xlink:to="bitf_IssuanceOfWarrantsGranted_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_StrikePricePerShare" xlink:href="bitf-20231231.xsd#bitf_StrikePricePerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_StrikePricePerShare_lbl" xml:lang="en-US">Strike price per share (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_StrikePricePerShare" xlink:to="bitf_StrikePricePerShare_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SignificantTransactionContractualLife" xlink:href="bitf-20231231.xsd#bitf_SignificantTransactionContractualLife"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_SignificantTransactionContractualLife_lbl" xml:lang="en-US">Contractual life, term</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SignificantTransactionContractualLife" xlink:to="bitf_SignificantTransactionContractualLife_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ExpectedAggregateProceeds" xlink:href="bitf-20231231.xsd#bitf_ExpectedAggregateProceeds"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ExpectedAggregateProceeds_lbl" xml:lang="en-US">Receiving aggregate proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ExpectedAggregateProceeds" xlink:to="bitf_ExpectedAggregateProceeds_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_StockIssuedDuringPeriodSharesNewIssue" xlink:href="bitf-20231231.xsd#bitf_StockIssuedDuringPeriodSharesNewIssue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_StockIssuedDuringPeriodSharesNewIssue_lbl" xml:lang="en-US">Common stock, shares issued (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_StockIssuedDuringPeriodSharesNewIssue" xlink:to="bitf_StockIssuedDuringPeriodSharesNewIssue_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromIssueOfOrdinaryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromIssueOfOrdinaryShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromIssueOfOrdinaryShares_lbl" xml:lang="en-US">Gross proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssueOfOrdinaryShares" xlink:to="ifrs-full_ProceedsFromIssueOfOrdinaryShares_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_FeeAndCommissionExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FeeAndCommissionExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FeeAndCommissionExpense_lbl" xml:lang="en-US">Net proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FeeAndCommissionExpense" xlink:to="ifrs-full_FeeAndCommissionExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_BrokerageFeeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BrokerageFeeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BrokerageFeeExpense_lbl" xml:lang="en-US">Agent commission</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BrokerageFeeExpense" xlink:to="ifrs-full_BrokerageFeeExpense_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OtherTransactionFees" xlink:href="bitf-20231231.xsd#bitf_OtherTransactionFees"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OtherTransactionFees_lbl" xml:lang="en-US">Other transaction fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OtherTransactionFees" xlink:to="bitf_OtherTransactionFees_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OtherTransactionCosts" xlink:href="bitf-20231231.xsd#bitf_OtherTransactionCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OtherTransactionCosts_lbl" xml:lang="en-US">Other transaction costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OtherTransactionCosts" xlink:to="bitf_OtherTransactionCosts_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_EmployeesExercisedStockOption" xlink:href="bitf-20231231.xsd#bitf_EmployeesExercisedStockOption"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_EmployeesExercisedStockOption_lbl" xml:lang="en-US">Employees exercised stock options (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EmployeesExercisedStockOption" xlink:to="bitf_EmployeesExercisedStockOption_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WarrantsOutstandings" xlink:href="bitf-20231231.xsd#bitf_WarrantsOutstandings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WarrantsOutstandings_lbl" xml:lang="en-US">Warrants outstanding (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantsOutstandings" xlink:to="bitf_WarrantsOutstandings_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CommonSharesProceeds" xlink:href="bitf-20231231.xsd#bitf_CommonSharesProceeds"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CommonSharesProceeds_lbl" xml:lang="en-US">Common shares proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CommonSharesProceeds" xlink:to="bitf_CommonSharesProceeds_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OptionsToConvertDebt" xlink:href="bitf-20231231.xsd#bitf_OptionsToConvertDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OptionsToConvertDebt_lbl" xml:lang="en-US">Conversion of debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OptionsToConvertDebt" xlink:to="bitf_OptionsToConvertDebt_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ConversionOfDebtIntoCommonShares" xlink:href="bitf-20231231.xsd#bitf_ConversionOfDebtIntoCommonShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ConversionOfDebtIntoCommonShares_lbl" xml:lang="en-US">Common shares (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ConversionOfDebtIntoCommonShares" xlink:to="bitf_ConversionOfDebtIntoCommonShares_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_IssuanceOfCommonShares" xlink:href="bitf-20231231.xsd#bitf_IssuanceOfCommonShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_IssuanceOfCommonShares_lbl" xml:lang="en-US">Issuance of common shares (in Shares)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IssuanceOfCommonShares" xlink:to="bitf_IssuanceOfCommonShares_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ProceedsFromCommonShares" xlink:href="bitf-20231231.xsd#bitf_ProceedsFromCommonShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ProceedsFromCommonShares_lbl" xml:lang="en-US">Proceeds from common shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromCommonShares" xlink:to="bitf_ProceedsFromCommonShares_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NetFinancialincomeExpenses" xlink:href="bitf-20231231.xsd#bitf_NetFinancialincomeExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NetFinancialincomeExpenses_lbl" xml:lang="en-US">Net financial expenses (income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetFinancialincomeExpenses" xlink:to="bitf_NetFinancialincomeExpenses_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_CurrencyIncreaseDecreasePercentage" xlink:href="bitf-20231231.xsd#bitf_CurrencyIncreaseDecreasePercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_CurrencyIncreaseDecreasePercentage_lbl" xml:lang="en-US">Currency increase decrease percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CurrencyIncreaseDecreasePercentage" xlink:to="bitf_CurrencyIncreaseDecreasePercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability_lbl" xml:lang="en-US">Increase or decrease of retained earning</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:to="ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_RentPayments" xlink:href="bitf-20231231.xsd#bitf_RentPayments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_RentPayments_lbl" xml:lang="en-US">Rent payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RentPayments" xlink:to="bitf_RentPayments_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OverallPaymentsPaid" xlink:href="bitf-20231231.xsd#bitf_OverallPaymentsPaid"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OverallPaymentsPaid_lbl" xml:lang="en-US">Payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OverallPaymentsPaid" xlink:to="bitf_OverallPaymentsPaid_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ConsultingFees" xlink:href="bitf-20231231.xsd#bitf_ConsultingFees"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ConsultingFees_lbl" xml:lang="en-US">Consulting fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ConsultingFees" xlink:to="bitf_ConsultingFees_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdditionalPotentiallyDilutiveSecurities" xlink:href="bitf-20231231.xsd#bitf_AdditionalPotentiallyDilutiveSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdditionalPotentiallyDilutiveSecurities_lbl" xml:lang="en-US">Additional potentially dilutive securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalPotentiallyDilutiveSecurities" xlink:to="bitf_AdditionalPotentiallyDilutiveSecurities_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NumberOfExercisableShareOptionsExercisable" xlink:href="bitf-20231231.xsd#bitf_NumberOfExercisableShareOptionsExercisable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NumberOfExercisableShareOptionsExercisable_lbl" xml:lang="en-US">Outstanding options exercisable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfExercisableShareOptionsExercisable" xlink:to="bitf_NumberOfExercisableShareOptionsExercisable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_UnrecognizedShareBasedPaymentExpenseAccelerated" xlink:href="bitf-20231231.xsd#bitf_UnrecognizedShareBasedPaymentExpenseAccelerated"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_UnrecognizedShareBasedPaymentExpenseAccelerated_lbl" xml:lang="en-US">Accelerated amount (in Dollars)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_UnrecognizedShareBasedPaymentExpenseAccelerated" xlink:to="bitf_UnrecognizedShareBasedPaymentExpenseAccelerated_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodNetOfForfeitures" xlink:href="bitf-20231231.xsd#bitf_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodNetOfForfeitures"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodNetOfForfeitures_lbl" xml:lang="en-US">Stock option grants to purchase</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodNetOfForfeitures" xlink:to="bitf_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodNetOfForfeitures_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OptionsIssuedToExercisableExercisedPeriod" xlink:href="bitf-20231231.xsd#bitf_OptionsIssuedToExercisableExercisedPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OptionsIssuedToExercisableExercisedPeriod_lbl" xml:lang="en-US">Exercised period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OptionsIssuedToExercisableExercisedPeriod" xlink:to="bitf_OptionsIssuedToExercisableExercisedPeriod_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions" xlink:href="bitf-20231231.xsd#bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions_lbl" xml:lang="en-US">Weighted average contractual life of the stock option</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions" xlink:to="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_VestGrantPercentage" xlink:href="bitf-20231231.xsd#bitf_VestGrantPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_VestGrantPercentage_lbl" xml:lang="en-US">Vest grant percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_VestGrantPercentage" xlink:to="bitf_VestGrantPercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdditionalVestGrantPercentage" xlink:href="bitf-20231231.xsd#bitf_AdditionalVestGrantPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AdditionalVestGrantPercentage_lbl" xml:lang="en-US">Additional vest grant percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalVestGrantPercentage" xlink:to="bitf_AdditionalVestGrantPercentage_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_RestrictedStockUnitsGrantPerUnit" xlink:href="bitf-20231231.xsd#bitf_RestrictedStockUnitsGrantPerUnit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_RestrictedStockUnitsGrantPerUnit_lbl" xml:lang="en-US">Grant per unit (in Dollars per share)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RestrictedStockUnitsGrantPerUnit" xlink:to="bitf_RestrictedStockUnitsGrantPerUnit_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ShortTermDebtOutstandingAmount" xlink:href="bitf-20231231.xsd#bitf_ShortTermDebtOutstandingAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ShortTermDebtOutstandingAmount_lbl" xml:lang="en-US">Outstanding debt balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShortTermDebtOutstandingAmount" xlink:to="bitf_ShortTermDebtOutstandingAmount_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PaymentsForDebtIssueCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PaymentsForDebtIssueCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PaymentsForDebtIssueCosts_lbl" xml:lang="en-US">Payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForDebtIssueCosts" xlink:to="ifrs-full_PaymentsForDebtIssueCosts_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Extinguishment of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_OutstandingLeaseLiability" xlink:href="bitf-20231231.xsd#bitf_OutstandingLeaseLiability"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_OutstandingLeaseLiability_lbl" xml:lang="en-US">Outstanding lease liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OutstandingLeaseLiability" xlink:to="bitf_OutstandingLeaseLiability_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PaymentsOfLeaseLiability" xlink:href="bitf-20231231.xsd#bitf_PaymentsOfLeaseLiability"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PaymentsOfLeaseLiability_lbl" xml:lang="en-US">Payments of lease liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PaymentsOfLeaseLiability" xlink:to="bitf_PaymentsOfLeaseLiability_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GainOnExtinguishmentOfLeaseLiabilities" xlink:href="bitf-20231231.xsd#bitf_GainOnExtinguishmentOfLeaseLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_GainOnExtinguishmentOfLeaseLiabilities_lbl" xml:lang="en-US">Gain on extinguishment of lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainOnExtinguishmentOfLeaseLiabilities" xlink:to="bitf_GainOnExtinguishmentOfLeaseLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_RefundsProvision" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RefundsProvision"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RefundsProvision_lbl" xml:lang="en-US">Provision of VAT receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RefundsProvision" xlink:to="ifrs-full_RefundsProvision_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_MaterialReportableSegment" xlink:href="bitf-20231231.xsd#bitf_MaterialReportableSegment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_MaterialReportableSegment_lbl" xml:lang="en-US">Material reportable segment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MaterialReportableSegment" xlink:to="bitf_MaterialReportableSegment_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_PercentageOfEntitysRevenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PercentageOfEntitysRevenue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PercentageOfEntitysRevenue_lbl" xml:lang="en-US">Percentage of revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfEntitysRevenue" xlink:to="ifrs-full_PercentageOfEntitysRevenue_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DescriptionOfAccountingPolicyForBasisOfPresentationOfFinancialStatementsExplanatory" xlink:href="bitf-20231231.xsd#bitf_DescriptionOfAccountingPolicyForBasisOfPresentationOfFinancialStatementsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_DescriptionOfAccountingPolicyForBasisOfPresentationOfFinancialStatementsExplanatory_lbl" xml:lang="en-US">Basis of presentation of the financial statements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DescriptionOfAccountingPolicyForBasisOfPresentationOfFinancialStatementsExplanatory" xlink:to="bitf_DescriptionOfAccountingPolicyForBasisOfPresentationOfFinancialStatementsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_lbl" xml:lang="en-US">Material accounting policy information</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NewAccountingAmendmentsIssuedAndAdoptedByTheCompanypolicyTextBlock" xlink:href="bitf-20231231.xsd#bitf_NewAccountingAmendmentsIssuedAndAdoptedByTheCompanypolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NewAccountingAmendmentsIssuedAndAdoptedByTheCompanypolicyTextBlock_lbl" xml:lang="en-US">New accounting amendments issued and adopted by the Company</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NewAccountingAmendmentsIssuedAndAdoptedByTheCompanypolicyTextBlock" xlink:to="bitf_NewAccountingAmendmentsIssuedAndAdoptedByTheCompanypolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_NewAccountingAmendmentsIssuedToBeAdoptedAtALaterDatePolicyTextBlock" xlink:href="bitf-20231231.xsd#bitf_NewAccountingAmendmentsIssuedToBeAdoptedAtALaterDatePolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_NewAccountingAmendmentsIssuedToBeAdoptedAtALaterDatePolicyTextBlock_lbl" xml:lang="en-US">New accounting amendments issued to be adopted at a later date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NewAccountingAmendmentsIssuedToBeAdoptedAtALaterDatePolicyTextBlock" xlink:to="bitf_NewAccountingAmendmentsIssuedToBeAdoptedAtALaterDatePolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_RestatementsPolicyTextBlock" xlink:href="bitf-20231231.xsd#bitf_RestatementsPolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_RestatementsPolicyTextBlock_lbl" xml:lang="en-US">2022 Restatement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RestatementsPolicyTextBlock" xlink:to="bitf_RestatementsPolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AcquisitionsOfAssetsInParaguayMember" xlink:href="bitf-20231231.xsd#bitf_AcquisitionsOfAssetsInParaguayMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_AcquisitionsOfAssetsInParaguayMember_lbl" xml:lang="en-US">Acquisitions of Assets in Paraguay [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AcquisitionsOfAssetsInParaguayMember" xlink:to="bitf_AcquisitionsOfAssetsInParaguayMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PrivatePlacementsMember" xlink:href="bitf-20231231.xsd#bitf_PrivatePlacementsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_PrivatePlacementsMember_lbl" xml:lang="en-US">Private Placements [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PrivatePlacementsMember" xlink:to="bitf_PrivatePlacementsMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_WashingtonCGUMember" xlink:href="bitf-20231231.xsd#bitf_WashingtonCGUMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_WashingtonCGUMember_lbl" xml:lang="en-US">Washington CGU [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WashingtonCGUMember" xlink:to="bitf_WashingtonCGUMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ArgentinaCGUMember" xlink:href="bitf-20231231.xsd#bitf_ArgentinaCGUMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ArgentinaCGUMember_lbl" xml:lang="en-US">Argentina CGU [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ArgentinaCGUMember" xlink:to="bitf_ArgentinaCGUMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ParaguayCGUMember" xlink:href="bitf-20231231.xsd#bitf_ParaguayCGUMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_ParaguayCGUMember_lbl" xml:lang="en-US">Paraguay CGU [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ParaguayCGUMember" xlink:to="bitf_ParaguayCGUMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SunisMineralMember" xlink:href="bitf-20231231.xsd#bitf_SunisMineralMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_SunisMineralMember_lbl" xml:lang="en-US">Suni mineral asset [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SunisMineralMember" xlink:to="bitf_SunisMineralMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_M20SMember" xlink:href="bitf-20231231.xsd#bitf_M20SMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_M20SMember_lbl" xml:lang="en-US">M20S [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_M20SMember" xlink:to="bitf_M20SMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_M30SMember" xlink:href="bitf-20231231.xsd#bitf_M30SMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_M30SMember_lbl" xml:lang="en-US">M30S [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_M30SMember" xlink:to="bitf_M30SMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_M31SMember" xlink:href="bitf-20231231.xsd#bitf_M31SMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_M31SMember_lbl" xml:lang="en-US">M31S [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_M31SMember" xlink:to="bitf_M31SMember_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_T3Member" xlink:href="bitf-20231231.xsd#bitf_T3Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bitf_T3Member_lbl" xml:lang="en-US">T3 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_T3Member" xlink:to="bitf_T3Member_lbl"/>
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    <loc xlink:type="locator" xlink:label="bitf_AdditionalDetailstotheStatementofProfitorLossandComprehensiveProfitorLossDetailsScheduleofNetFinancialIncomeExpensesLineItems" xlink:href="bitf-20231231.xsd#bitf_AdditionalDetailstotheStatementofProfitorLossandComprehensiveProfitorLossDetailsScheduleofNetFinancialIncomeExpensesLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionalDetailstotheStatementofProfitorLossandComprehensiveProfitorLossDetailsScheduleofNetFinancialIncomeExpensesLineItems_lbl" xml:lang="en-US">Schedule of Net Financial (Income) Expenses [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalDetailstotheStatementofProfitorLossandComprehensiveProfitorLossDetailsScheduleofNetFinancialIncomeExpensesLineItems" xlink:to="bitf_AdditionalDetailstotheStatementofProfitorLossandComprehensiveProfitorLossDetailsScheduleofNetFinancialIncomeExpensesLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GeographicalInformationDetailsScheduleofRevenuesTable" xlink:href="bitf-20231231.xsd#bitf_GeographicalInformationDetailsScheduleofRevenuesTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GeographicalInformationDetailsScheduleofRevenuesTable_lbl" xml:lang="en-US">Geographical Information (Details) - Schedule of Revenues [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GeographicalInformationDetailsScheduleofRevenuesTable" xlink:to="bitf_GeographicalInformationDetailsScheduleofRevenuesTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GeographicalInformationDetailsScheduleofRevenuesLineItems" xlink:href="bitf-20231231.xsd#bitf_GeographicalInformationDetailsScheduleofRevenuesLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GeographicalInformationDetailsScheduleofRevenuesLineItems_lbl" xml:lang="en-US">Geographical Information (Details) - Schedule of Revenues [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GeographicalInformationDetailsScheduleofRevenuesLineItems" xlink:to="bitf_GeographicalInformationDetailsScheduleofRevenuesLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryTable" xlink:href="bitf-20231231.xsd#bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryTable_lbl" xml:lang="en-US">Geographical Information (Details) - Schedule of Property, Plant and Equipment by Country [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryTable" xlink:to="bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryLineItems" xlink:href="bitf-20231231.xsd#bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryLineItems_lbl" xml:lang="en-US">Geographical Information (Details) - Schedule of Property, Plant and Equipment by Country [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryLineItems" xlink:to="bitf_GeographicalInformationDetailsScheduleofPropertyPlantandEquipmentbyCountryLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsTable" xlink:href="bitf-20231231.xsd#bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsTable_lbl" xml:lang="en-US">Additional Details to the Statements of Cash Flows (Details) - Schedule of Additional Details to the Statements of Cash Flows [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsTable" xlink:to="bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsLineItems" xlink:href="bitf-20231231.xsd#bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsLineItems_lbl" xml:lang="en-US">Additional Details to the Statements of Cash Flows (Details) - Schedule of Additional Details to the Statements of Cash Flows [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsLineItems" xlink:to="bitf_AdditionalDetailstotheStatementsofCashFlowsDetailsScheduleofAdditionalDetailstotheStatementsofCashFlowsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_BusinessCombinationsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BusinessCombinationsDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BusinessCombinationsDomain_lbl" xml:lang="en-US">Business combinations [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BusinessCombinationsDomain" xlink:to="ifrs-full_BusinessCombinationsDomain_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AcquisitionsofAssetsDetailsTable" xlink:href="bitf-20231231.xsd#bitf_AcquisitionsofAssetsDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AcquisitionsofAssetsDetailsTable_lbl" xml:lang="en-US">Acquisitions of Assets (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AcquisitionsofAssetsDetailsTable" xlink:to="bitf_AcquisitionsofAssetsDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AcquisitionsofAssetsDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_AcquisitionsofAssetsDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AcquisitionsofAssetsDetailsLineItems_lbl" xml:lang="en-US">Acquisitions of Assets [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AcquisitionsofAssetsDetailsLineItems" xlink:to="bitf_AcquisitionsofAssetsDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TradeReceivablesDetailsTable" xlink:href="bitf-20231231.xsd#bitf_TradeReceivablesDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TradeReceivablesDetailsTable_lbl" xml:lang="en-US">Trade Receivables (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradeReceivablesDetailsTable" xlink:to="bitf_TradeReceivablesDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_TradeReceivablesDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_TradeReceivablesDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TradeReceivablesDetailsLineItems_lbl" xml:lang="en-US">Trade Receivables [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradeReceivablesDetailsLineItems" xlink:to="bitf_TradeReceivablesDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_SaleOfStockDomainDomain" xlink:href="bitf-20231231.xsd#bitf_SaleOfStockDomainDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SaleOfStockDomainDomain_lbl" xml:lang="en-US">SaleOfStockDomain [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SaleOfStockDomainDomain" xlink:to="bitf_SaleOfStockDomainDomain_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DerivativeAssetsandLiabilitiesDetailsTable" xlink:href="bitf-20231231.xsd#bitf_DerivativeAssetsandLiabilitiesDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DerivativeAssetsandLiabilitiesDetailsTable_lbl" xml:lang="en-US">Derivative Assets and Liabilities (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DerivativeAssetsandLiabilitiesDetailsTable" xlink:to="bitf_DerivativeAssetsandLiabilitiesDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_DerivativeAssetsandLiabilitiesDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_DerivativeAssetsandLiabilitiesDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DerivativeAssetsandLiabilitiesDetailsLineItems_lbl" xml:lang="en-US">Derivative Assets and Liabilities [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DerivativeAssetsandLiabilitiesDetailsLineItems" xlink:to="bitf_DerivativeAssetsandLiabilitiesDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetsHeldforSaleDetailsTable" xlink:href="bitf-20231231.xsd#bitf_AssetsHeldforSaleDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetsHeldforSaleDetailsTable_lbl" xml:lang="en-US">Assets Held for Sale (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetsHeldforSaleDetailsTable" xlink:to="bitf_AssetsHeldforSaleDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetsHeldforSaleDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_AssetsHeldforSaleDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetsHeldforSaleDetailsLineItems_lbl" xml:lang="en-US">Assets Held for Sale [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetsHeldforSaleDetailsLineItems" xlink:to="bitf_AssetsHeldforSaleDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ImpairmentDetailsTable" xlink:href="bitf-20231231.xsd#bitf_ImpairmentDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImpairmentDetailsTable_lbl" xml:lang="en-US">Impairment (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentDetailsTable" xlink:to="bitf_ImpairmentDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ImpairmentDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_ImpairmentDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImpairmentDetailsLineItems_lbl" xml:lang="en-US">Impairment (Details) [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentDetailsLineItems" xlink:to="bitf_ImpairmentDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_PropertyPlantandEquipmentDetailsTable" xlink:href="bitf-20231231.xsd#bitf_PropertyPlantandEquipmentDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PropertyPlantandEquipmentDetailsTable_lbl" xml:lang="en-US">Property, Plant and Equipment (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantandEquipmentDetailsTable" xlink:to="bitf_PropertyPlantandEquipmentDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US">Property, Plant and Equipment [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsTable" xlink:href="bitf-20231231.xsd#bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsTable_lbl" xml:lang="en-US">Long-Term Deposits, Equipment Prepayments, Commitments and Other (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsTable" xlink:to="bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsLineItems_lbl" xml:lang="en-US">Long-Term Deposits, Equipment Prepayments, Commitments and Other [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsLineItems" xlink:to="bitf_LongTermDepositsEquipmentPrepaymentsCommitmentsandOtherDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_BorrowingsByNameDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BorrowingsByNameDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsByNameDomain_lbl" xml:lang="en-US">Borrowings by name [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsByNameDomain" xlink:to="ifrs-full_BorrowingsByNameDomain_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_lbl" xml:lang="en-US">Non-adjusting events after reporting period [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:to="ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongTermDebtDetailsTable" xlink:href="bitf-20231231.xsd#bitf_LongTermDebtDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LongTermDebtDetailsTable_lbl" xml:lang="en-US">Long-Term Debt (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongTermDebtDetailsTable" xlink:to="bitf_LongTermDebtDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LongTermDebtDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_LongTermDebtDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LongTermDebtDetailsLineItems_lbl" xml:lang="en-US">Long-Term Debt [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongTermDebtDetailsLineItems" xlink:to="bitf_LongTermDebtDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfAssetsDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAssetsDomain_lbl" xml:lang="en-US">Classes of assets [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsDomain" xlink:to="ifrs-full_ClassesOfAssetsDomain_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeasesDetailsTable" xlink:href="bitf-20231231.xsd#bitf_LeasesDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeasesDetailsTable_lbl" xml:lang="en-US">Leases (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeasesDetailsTable" xlink:to="bitf_LeasesDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_LeasesDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_LeasesDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeasesDetailsLineItems_lbl" xml:lang="en-US">Leases [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeasesDetailsLineItems" xlink:to="bitf_LeasesDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_RetirementProvisionDomainDomain" xlink:href="bitf-20231231.xsd#bitf_RetirementProvisionDomainDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_RetirementProvisionDomainDomain_lbl" xml:lang="en-US">RetirementProvisionDomain [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RetirementProvisionDomainDomain" xlink:to="bitf_RetirementProvisionDomainDomain_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetRetirementProvisionDetailsTable" xlink:href="bitf-20231231.xsd#bitf_AssetRetirementProvisionDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetRetirementProvisionDetailsTable_lbl" xml:lang="en-US">Asset Retirement Provision [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetRetirementProvisionDetailsTable" xlink:to="bitf_AssetRetirementProvisionDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_AssetRetirementProvisionDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_AssetRetirementProvisionDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetRetirementProvisionDetailsLineItems_lbl" xml:lang="en-US">Asset Retirement Provision [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetRetirementProvisionDetailsLineItems" xlink:to="bitf_AssetRetirementProvisionDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfShareCapitalDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfShareCapitalDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfShareCapitalDomain_lbl" xml:lang="en-US">Classes of share capital [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalDomain" xlink:to="ifrs-full_ClassesOfShareCapitalDomain_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsDomain_lbl" xml:lang="en-US">Types of share-based payment arrangements [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:to="ifrs-full_TypesOfSharebasedPaymentArrangementsDomain_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_lbl" xml:lang="en-US">Valuation techniques used in fair value measurement [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:to="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ShareCapitalRestatedDetailsTable" xlink:href="bitf-20231231.xsd#bitf_ShareCapitalRestatedDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ShareCapitalRestatedDetailsTable_lbl" xml:lang="en-US">Share Capital (Restated) (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShareCapitalRestatedDetailsTable" xlink:to="bitf_ShareCapitalRestatedDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ShareCapitalRestatedDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_ShareCapitalRestatedDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ShareCapitalRestatedDetailsLineItems_lbl" xml:lang="en-US">Share Capital (Restated) [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShareCapitalRestatedDetailsLineItems" xlink:to="bitf_ShareCapitalRestatedDetailsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ShareBasedPaymentsDetailsTable" xlink:href="bitf-20231231.xsd#bitf_ShareBasedPaymentsDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ShareBasedPaymentsDetailsTable_lbl" xml:lang="en-US">Share-Based Payments (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShareBasedPaymentsDetailsTable" xlink:to="bitf_ShareBasedPaymentsDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_lbl" xml:lang="en-US">Share-Based Payments [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GeographicalInformationDetailsTable" xlink:href="bitf-20231231.xsd#bitf_GeographicalInformationDetailsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GeographicalInformationDetailsTable_lbl" xml:lang="en-US">Geographical Information (Details) [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GeographicalInformationDetailsTable" xlink:to="bitf_GeographicalInformationDetailsTable_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_GeographicalInformationDetailsLineItems" xlink:href="bitf-20231231.xsd#bitf_GeographicalInformationDetailsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GeographicalInformationDetailsLineItems_lbl" xml:lang="en-US">Geographical Information (Details) [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GeographicalInformationDetailsLineItems" xlink:to="bitf_GeographicalInformationDetailsLineItems_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AccumulatedAmortization_lbl1" xml:lang="en-US">Accumulated amortization at the beginning and end of the reporting period. Does not include deferred finance costs, deferred acquisition costs of insurance companies, or deferred leasing costs for real estate operations.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccumulatedAmortization" xlink:to="bitf_AccumulatedAmortization_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AdditionalCapacity_lbl0" xml:lang="en-US">Additional capacity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalCapacity" xlink:to="bitf_AdditionalCapacity_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AdditionalMiners_lbl0" xml:lang="en-US">Number of additional miners</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalMiners" xlink:to="bitf_AdditionalMiners_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AdditionalNonRefundableDeposit_lbl0" xml:lang="en-US">Represent the amount of additional non refundable deposit.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalNonRefundableDeposit" xlink:to="bitf_AdditionalNonRefundableDeposit_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AdditionalPotentiallyDilutiveSecurities_lbl0" xml:lang="en-US">Number of shares additional potentially dilutive securities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalPotentiallyDilutiveSecurities" xlink:to="bitf_AdditionalPotentiallyDilutiveSecurities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AdditionalVestGrantPercentage_lbl0" xml:lang="en-US">Additional vest grant percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalVestGrantPercentage" xlink:to="bitf_AdditionalVestGrantPercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AdditionsCost_lbl0" xml:lang="en-US">The amount of additions, cost.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionsCost" xlink:to="bitf_AdditionsCost_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AdjustmentsForLossesGainsRealizedOnDispositionOfDigitalAssets_lbl0" xml:lang="en-US">Adjustments for losses (gains) on disposal of current assets to reconcile profit (loss) to net cash flow from (used in) operating activities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsForLossesGainsRealizedOnDispositionOfDigitalAssets" xlink:to="bitf_AdjustmentsForLossesGainsRealizedOnDispositionOfDigitalAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AdjustmentsForProceedsFromSaleOfDigitalAssetsEarned_lbl0" xml:lang="en-US">Amount of proceeds from sale of digital assets earned.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsForProceedsFromSaleOfDigitalAssetsEarned" xlink:to="bitf_AdjustmentsForProceedsFromSaleOfDigitalAssetsEarned_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AdjustmentsForReversalOfRevaluationLossOnDigitalAssets_lbl0" xml:lang="en-US">Adjustments for reversal of revaluation loss on digital assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsForReversalOfRevaluationLossOnDigitalAssets" xlink:to="bitf_AdjustmentsForReversalOfRevaluationLossOnDigitalAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AmortizationMethodAndPeriod_lbl0" xml:lang="en-US">Amortization method and period.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AmortizationMethodAndPeriod" xlink:to="bitf_AmortizationMethodAndPeriod_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AssetRetirementProvision_lbl0" xml:lang="en-US">The amount of provision for refunds to be made by the entity to its customers.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetRetirementProvision" xlink:to="bitf_AssetRetirementProvision_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AssetRetirementProvisionDisclosureTextBlock_lbl0" xml:lang="en-US">The entire disclosure for an asset retirement  provision.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetRetirementProvisionDisclosureTextBlock" xlink:to="bitf_AssetRetirementProvisionDisclosureTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_AssetsRetirementProvisions_lbl0" xml:lang="en-US">Represent the amount of assets retirement provisions.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetsRetirementProvisions" xlink:to="bitf_AssetsRetirementProvisions_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralQuantity_lbl0" xml:lang="en-US">Quantity balance of digital assets excluding digital assets pledged as collateral.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralQuantity" xlink:to="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralQuantity_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralValue_lbl0" xml:lang="en-US">Value of balance of digital assets excluding digital assets pledged as collateral.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralValue" xlink:to="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BalanceOfDigitalAssetsIncludingDigitalAssetsPledgedAsCollateralBeginningBalanceQuantity_lbl0" xml:lang="en-US">Balance of digital assets including digital assets pledged as collateral beginning balance, quantity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BalanceOfDigitalAssetsIncludingDigitalAssetsPledgedAsCollateralBeginningBalanceQuantity" xlink:to="bitf_BalanceOfDigitalAssetsIncludingDigitalAssetsPledgedAsCollateralBeginningBalanceQuantity_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BalancesPayableToRelatedParties_lbl0" xml:lang="en-US">Balances payable to related parties.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BalancesPayableToRelatedParties" xlink:to="bitf_BalancesPayableToRelatedParties_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BitcoinExchangedForCashAndServices_lbl0" xml:lang="en-US">Quantity of bitcoin exchanged for cash and services.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinExchangedForCashAndServices" xlink:to="bitf_BitcoinExchangedForCashAndServices_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BitcoinExchangedForCashAndServicesValue_lbl0" xml:lang="en-US">Value of bitcoin exchanged for cash and services.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinExchangedForCashAndServicesValue" xlink:to="bitf_BitcoinExchangedForCashAndServicesValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BitcoinIssuedDescription_lbl0" xml:lang="en-US">Bitcoin issued description.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinIssuedDescription" xlink:to="bitf_BitcoinIssuedDescription_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BitcoinarnedValue_lbl0" xml:lang="en-US">Value of bitcoin mined.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinarnedValue" xlink:to="bitf_BitcoinarnedValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BookValue_lbl0" xml:lang="en-US">Represent the amount of book value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BookValue" xlink:to="bitf_BookValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_BusinessCombinationCommonShares_lbl0" xml:lang="en-US">Business combination common shares.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BusinessCombinationCommonShares" xlink:to="bitf_BusinessCombinationCommonShares_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax_lbl0" xml:lang="en-US">The amount of change in revaluation surplus - digital assets, net of tax.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax" xlink:to="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ChargedToStatementOfProfitOrLoss_lbl0" xml:lang="en-US">Charged to statements of profit or loss.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ChargedToStatementOfProfitOrLoss" xlink:to="bitf_ChargedToStatementOfProfitOrLoss_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_CollateralAmount_lbl0" xml:lang="en-US">The total of collateralized agreements including securities purchased under agreements to resell (repos), borrowed securities, and secured demand notes.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CollateralAmount" xlink:to="bitf_CollateralAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_CollateralMarketFairValue_lbl0" xml:lang="en-US">Collateral market fair value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CollateralMarketFairValue" xlink:to="bitf_CollateralMarketFairValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_CommonSharesIssued_lbl0" xml:lang="en-US">Common shares issued</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CommonSharesIssued" xlink:to="bitf_CommonSharesIssued_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_CommonSharesTransferredAtClosing_lbl0" xml:lang="en-US">The total share amount of common shares transferred at closing.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CommonSharesTransferredAtClosing" xlink:to="bitf_CommonSharesTransferredAtClosing_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ConsultingFees_lbl0" xml:lang="en-US">Consulting fees.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ConsultingFees" xlink:to="bitf_ConsultingFees_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ConsumerPricePercentage_lbl0" xml:lang="en-US">Consumer price percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ConsumerPricePercentage" xlink:to="bitf_ConsumerPricePercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ContributedSurplus_lbl0" xml:lang="en-US">Contributed surplus amount.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ContributedSurplus" xlink:to="bitf_ContributedSurplus_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ConversionOfDebtIntoCommonShares_lbl0" xml:lang="en-US">Conversion of Debt into Common Shares.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ConversionOfDebtIntoCommonShares" xlink:to="bitf_ConversionOfDebtIntoCommonShares_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_CostRevenue_lbl0" xml:lang="en-US">The income arising in the course of an entity&apos;s ordinary activities. Income is increase in assets, or decrease in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claim.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CostRevenue" xlink:to="bitf_CostRevenue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_CurrencyIncreaseDecreasePercentage_lbl0" xml:lang="en-US">Currency increase decrease percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CurrencyIncreaseDecreasePercentage" xlink:to="bitf_CurrencyIncreaseDecreasePercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_CurrentCreditFacility_lbl0" xml:lang="en-US">Current credit facility amount.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CurrentCreditFacility" xlink:to="bitf_CurrentCreditFacility_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_CurrentShorttermPrepaidDeposits_lbl0" xml:lang="en-US">Amount of short-term prepaid deposits.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CurrentShorttermPrepaidDeposits" xlink:to="bitf_CurrentShorttermPrepaidDeposits_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_CustomDuties_lbl0" xml:lang="en-US">Represent the amount of custo duties.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CustomDuties" xlink:to="bitf_CustomDuties_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DecreaseInDeposits_lbl0" xml:lang="en-US">The amount of decrease in deposits.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DecreaseInDeposits" xlink:to="bitf_DecreaseInDeposits_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity_lbl0" xml:lang="en-US">Deferred tax asset derecognized in the statements of equity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity" xlink:to="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DeferredTaxAssetNotRecognizedPercentage_lbl0" xml:lang="en-US">Deferred tax asset not recognized, percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxAssetNotRecognizedPercentage" xlink:to="bitf_DeferredTaxAssetNotRecognizedPercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DeferredTaxLiability1_lbl1" xml:lang="en-US">Deferred tax liability.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxLiability1" xlink:to="bitf_DeferredTaxLiability1_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DefferedTaxExpenseIncomeAndAdjustmentsForDefferedTaxOfPriorPeriods_lbl0" xml:lang="en-US">Current tax expense income and adjustments for current tax of prior periods.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DefferedTaxExpenseIncomeAndAdjustmentsForDefferedTaxOfPriorPeriods" xlink:to="bitf_DefferedTaxExpenseIncomeAndAdjustmentsForDefferedTaxOfPriorPeriods_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_Deposit_lbl0" xml:lang="en-US">he aggregate of all deposit liabilities held by the entity.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DepositAmount_lbl0" xml:lang="en-US">Deposit Amount.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DepositsForConstructionAmount_lbl0" xml:lang="en-US">Represend of  deposits for construction amount.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DepositsForConstructionAmount" xlink:to="bitf_DepositsForConstructionAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DepreciationRatePropertyPlantAndEquipments_lbl0" xml:lang="en-US">The depreciation rate used for property, plant and equipment.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DescriptionOfAccountingPolicyForBasisOfPresentationOfFinancialStatementsExplanatory_lbl0" xml:lang="en-US">Description of accounting policy for basis of presentation of financial statements.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DigitalAsset_lbl0" xml:lang="en-US">Amount of digital assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DigitalAsset" xlink:to="bitf_DigitalAsset_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DigitalAssetsPledgedAsCollateral_lbl0" xml:lang="en-US">Amount of digital assets - pledged as collateral.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DigitalAssetsPledgedAsCollateral" xlink:to="bitf_DigitalAssetsPledgedAsCollateral_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureCompensationOfKeyManagementAndDirectorsTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a compensation of key management and directors.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureCompensationOfKeyManagementAndDirectorsTableTextBlock" xlink:to="bitf_DisclosureCompensationOfKeyManagementAndDirectorsTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfAssetRetirementProvisionTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a asset retirement provision.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfAssetRetirementProvisionTableTextBlock" xlink:to="bitf_DisclosureOfAssetRetirementProvisionTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a carrying values and the fair value of assets and liabilities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock" xlink:to="bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfCurrentAndDeferredIncomeTaxExpenseRecoveryTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a current and deferred income tax expense recovery.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfCurrentAndDeferredIncomeTaxExpenseRecoveryTableTextBlock" xlink:to="bitf_DisclosureOfCurrentAndDeferredIncomeTaxExpenseRecoveryTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock_lbl0" xml:lang="en-US">The disclosure of detailed information about cash.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock_lbl0" xml:lang="en-US">The disclosure of detailed information about consolidated statements of profit or loss and comprehensive profit or loss.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutDepreciationMethodExplanatory_lbl0" xml:lang="en-US">The disclosure of detailed information about depreciation method.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutDepreciationMethodExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutDepreciationMethodExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutIConsolidatedStatementsOfFinancialPositionTableTextBlock_lbl0" xml:lang="en-US">The disclosure of detailed information about condensed statement of financial position.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutIConsolidatedStatementsOfFinancialPositionTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutIConsolidatedStatementsOfFinancialPositionTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutImpairmentLossExplanatory_lbl0" xml:lang="en-US">Disclosure of detailed information about Impairment loss.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutImpairmentLossExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutImpairmentLossExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossExplanatory_lbl0" xml:lang="en-US">The disclosure of detailed information about Impairment loss.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutImpairmentLossReversalInTheConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory_lbl0" xml:lang="en-US">The disclosure of long-term deposits, equipment prepayments, other and commitments.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock_lbl0" xml:lang="en-US">Disclosure of detailed information about other current assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutPaymentObligationsExplanatory_lbl0" xml:lang="en-US">The disclosure of detailed information about payment obligations.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutPaymentObligationsExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutPaymentObligationsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDetailedInformationAboutRightOfUseOfAssets_lbl0" xml:lang="en-US">Disclosure of detailed information about right of use of assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutRightOfUseOfAssets" xlink:to="bitf_DisclosureOfDetailedInformationAboutRightOfUseOfAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfDigitalAssetsExplanatoryTextBlock_lbl0" xml:lang="en-US">The entire disclosure for digital assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDigitalAssetsExplanatoryTextBlock" xlink:to="bitf_DisclosureOfDigitalAssetsExplanatoryTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfEffectiveTaxRateTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a effective tax rate.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfEffectiveTaxRateTableTextBlock" xlink:to="bitf_DisclosureOfEffectiveTaxRateTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock_lbl0" xml:lang="en-US">Schedule of details equipment financing and the balance of the loans and the net book value (NBV) of their related collateral, as of December 31, 2021.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock" xlink:to="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a foreign currency risk.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock" xlink:to="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock_lbl0" xml:lang="en-US">The entire disclosure geographical areas revenues by country..</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock" xlink:to="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock_lbl0" xml:lang="en-US">Tabular of  movement of miners held for sale.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock" xlink:to="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfNetFinancialIncomeExpensesTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a net financial (income) expenses.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfNetFinancialIncomeExpensesTableTextBlock" xlink:to="bitf_DisclosureOfNetFinancialIncomeExpensesTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a outstanding stock options.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock" xlink:to="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfPrivatePlacementTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a company private placement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfPrivatePlacementTableTextBlock" xlink:to="bitf_DisclosureOfPrivatePlacementTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a restricted stock units.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock" xlink:to="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a right of use assets and lease liabilities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock" xlink:to="bitf_DisclosureOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a share-based payment expense related to stock options and restricted stock units.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsTableTextBlock" xlink:to="bitf_DisclosureOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsTableTextBlock_lbl0" xml:lang="en-US">The entire disclosure for a share-based compensation arrangement by share-based payment award, options, grants.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsTableTextBlock" xlink:to="bitf_DisclosureOfSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DisclosureOfSignificantSubsidiariestableTextBlock_lbl0" xml:lang="en-US">Tabular of significant subsidiaries.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfSignificantSubsidiariestableTextBlock" xlink:to="bitf_DisclosureOfSignificantSubsidiariestableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_DiscountExpenseOnVATReceivable_lbl0" xml:lang="en-US">Discount expense on VAT receivable.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DiscountExpenseOnVATReceivable" xlink:to="bitf_DiscountExpenseOnVATReceivable_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_Dispositions_lbl0" xml:lang="en-US">The decrease in property, plant and equipment resulting from disposals and retirements. [Refer: Property, plant and equipment]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_Dispositions" xlink:to="bitf_Dispositions_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_EffectOfChangeInDiscountRate_lbl0" xml:lang="en-US">Represent the amount of effect of change in discount rate.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectOfChangeInDiscountRate" xlink:to="bitf_EffectOfChangeInDiscountRate_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_EffectiveRatePercentage_lbl0" xml:lang="en-US">Percentage of effective rate.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectiveRatePercentage" xlink:to="bitf_EffectiveRatePercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_EffectiveTaxRate_lbl0" xml:lang="en-US">Effective tax rate.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectiveTaxRate" xlink:to="bitf_EffectiveTaxRate_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_EffectiveTaxRatePercentage_lbl0" xml:lang="en-US">Effective tax rate, percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectiveTaxRatePercentage" xlink:to="bitf_EffectiveTaxRatePercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ElectricalComponentInventory_lbl0" xml:lang="en-US">Electrical component inventory.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ElectricalComponentInventory" xlink:to="bitf_ElectricalComponentInventory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ElectricityCreditReceivable_lbl0" xml:lang="en-US">Amount of electricity credit receivable.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ElectricityCreditReceivable" xlink:to="bitf_ElectricityCreditReceivable_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_EmployeesExercisedStockOption_lbl0" xml:lang="en-US">Employees exercised stock option.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EmployeesExercisedStockOption" xlink:to="bitf_EmployeesExercisedStockOption_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_EquityPercentage_lbl0" xml:lang="en-US">Equity percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EquityPercentage" xlink:to="bitf_EquityPercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ExpectedAggregateProceeds_lbl0" xml:lang="en-US">Expected aggregate proceeds.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ExpectedAggregateProceeds" xlink:to="bitf_ExpectedAggregateProceeds_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ExtinguishmentOfLongtermLossDebt_lbl0" xml:lang="en-US">The amount of Extinguishment of long-term loss debt.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ExtinguishmentOfLongtermLossDebt" xlink:to="bitf_ExtinguishmentOfLongtermLossDebt_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ForeignCurrencyRisk_lbl0" xml:lang="en-US">Foreign currency risk&#xd;
..</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ForeignCurrencyRisk" xlink:to="bitf_ForeignCurrencyRisk_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ForeignExchange_lbl0" xml:lang="en-US">The gross gain arising from exchange differences recognised in profit or loss, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: Foreign exchange gain (loss)]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ForeignExchange" xlink:to="bitf_ForeignExchange_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ForeignTaxRateDifferentialPercentage_lbl0" xml:lang="en-US">Foreign tax rate differential, percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ForeignTaxRateDifferentialPercentage" xlink:to="bitf_ForeignTaxRateDifferentialPercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_GainLossOnDispositionOfBitcoinValue_lbl0" xml:lang="en-US">Value of gain loss on disposition of bitcoin.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainLossOnDispositionOfBitcoinValue" xlink:to="bitf_GainLossOnDispositionOfBitcoinValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_GainOnDispositionOfMarketableSecurities_lbl0" xml:lang="en-US">Gain on disposition of marketable securities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainOnDispositionOfMarketableSecurities" xlink:to="bitf_GainOnDispositionOfMarketableSecurities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_GainOnExtinguishmentOfLeaseLiabilities_lbl0" xml:lang="en-US">Difference between the fair value of payments made and the carrying amount of liability which is extinguished prior to maturity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainOnExtinguishmentOfLeaseLiabilities" xlink:to="bitf_GainOnExtinguishmentOfLeaseLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities_lbl0" xml:lang="en-US">Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities" xlink:to="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_GovernmentRemittance_lbl0" xml:lang="en-US">The amount of government remittances.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GovernmentRemittance" xlink:to="bitf_GovernmentRemittance_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_GrantedWeightedAverageGrantPricesRSU_lbl0" xml:lang="en-US">The weighted average exercise price of share RSU granted in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GrantedWeightedAverageGrantPricesRSU" xlink:to="bitf_GrantedWeightedAverageGrantPricesRSU_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_GrossUnits_lbl0" xml:lang="en-US">Gross units.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GrossUnits" xlink:to="bitf_GrossUnits_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_HostingAndTelecommunications_lbl0" xml:lang="en-US">Hosting and telecommunications.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_HostingAndTelecommunications" xlink:to="bitf_HostingAndTelecommunications_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ImpairmentCharge_lbl0" xml:lang="en-US">The amount of Impairment charge.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentCharge" xlink:to="bitf_ImpairmentCharge_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ImpairmentLossOnFinancialAsset_lbl0" xml:lang="en-US">The amount of impairment loss on financial assets. [Refer: Financial assets; Impairment loss]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentLossOnFinancialAsset" xlink:to="bitf_ImpairmentLossOnFinancialAsset_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ImpairmentLossReversal_lbl0" xml:lang="en-US">The amount recognised as an increase of the carrying amount of an asset or cash-generating unit to its recoverable amount when an impairment loss had been previously recognised. [Refer: Impairment loss]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentLossReversal" xlink:to="bitf_ImpairmentLossReversal_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ImpairmentOnDepositsTransferredToPPE_lbl0" xml:lang="en-US">Represent the amount of impairment on deposits transferred to PPE.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentOnDepositsTransferredToPPE" xlink:to="bitf_ImpairmentOnDepositsTransferredToPPE_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ImpairmentsOfBookValue_lbl0" xml:lang="en-US">Represent the amount of impairment book value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentsOfBookValue" xlink:to="bitf_ImpairmentsOfBookValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ImportDuty_lbl0" xml:lang="en-US">Percentage of importation duty.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImportDuty" xlink:to="bitf_ImportDuty_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage_lbl0" xml:lang="en-US">Income tax recovery at statutory rate, percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage" xlink:to="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesExerciseOfStockOptionsAndWarrantsinShares_lbl0" xml:lang="en-US">Increase decrease in number of shares of exercise of stock options and warrants.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseInNumberOfSharesExerciseOfStockOptionsAndWarrantsinShares" xlink:to="bitf_IncreaseDecreaseInNumberOfSharesExerciseOfStockOptionsAndWarrantsinShares_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants_lbl0" xml:lang="en-US">Number of shares of issuance of common shares and warrants.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants" xlink:to="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits_lbl0" xml:lang="en-US">Increase decrease in number of shares of settlement of restricted share units.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits" xlink:to="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IncreaseDecreaseThroughDeferredTaxExpenseRelatedToEquityIssuanceCosts_lbl0" xml:lang="en-US">The increase (decrease) in equity resulting from changes that deferred tax expense related to equity issuance costs.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseThroughDeferredTaxExpenseRelatedToEquityIssuanceCosts" xlink:to="bitf_IncreaseDecreaseThroughDeferredTaxExpenseRelatedToEquityIssuanceCosts_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants_lbl0" xml:lang="en-US">The increase (decrease) in equity resulting from changes that exercise of stock options and warrants.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants" xlink:to="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits_lbl0" xml:lang="en-US">The settlement of restricted share.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits" xlink:to="bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax_lbl0" xml:lang="en-US">The transfer of of revaluation surplus on disposal of digital assets to retained earnings, net of tax.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax" xlink:to="bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IncreasedecreaseInTaxesPayable_lbl0" xml:lang="en-US">The amount of increase (decrease) in taxes payable.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreasedecreaseInTaxesPayable" xlink:to="bitf_IncreasedecreaseInTaxesPayable_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IssuanceOfCommonSharesInConnectionWithAcquisitionsOfAssets_lbl0" xml:lang="en-US">Issuance of common shares in connection with acquisitions of assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IssuanceOfCommonSharesInConnectionWithAcquisitionsOfAssets" xlink:to="bitf_IssuanceOfCommonSharesInConnectionWithAcquisitionsOfAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IssuanceOfLongtermDebt_lbl0" xml:lang="en-US">Issuance of long-term debt.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IssuanceOfLongtermDebt" xlink:to="bitf_IssuanceOfLongtermDebt_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_IssuanceOfWarrantsGranted_lbl0" xml:lang="en-US">Total shares amount of issuance of warrants granted.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IssuanceOfWarrantsGranted" xlink:to="bitf_IssuanceOfWarrantsGranted_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_LeaseAgreementInitialTerm_lbl0" xml:lang="en-US">Lease agreement initial term.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseAgreementInitialTerm" xlink:to="bitf_LeaseAgreementInitialTerm_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_LeaseAgreementsAmount_lbl0" xml:lang="en-US">Lease agreements amount.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseAgreementsAmount" xlink:to="bitf_LeaseAgreementsAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_LeaseExceedsTerm_lbl0" xml:lang="en-US">Lease exceeds term.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseExceedsTerm" xlink:to="bitf_LeaseExceedsTerm_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_LessDigitalAssetsPledgedAsCollateralValue_lbl0" xml:lang="en-US">Value of less digital assets pledged as collateral.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LessDigitalAssetsPledgedAsCollateralValue" xlink:to="bitf_LessDigitalAssetsPledgedAsCollateralValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_LongtermDebt1_lbl0" xml:lang="en-US">Long-term debt.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebt1" xlink:to="bitf_LongtermDebt1_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_LongtermDebtAmount_lbl2" xml:lang="en-US">Amount of long term debt.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebtAmount" xlink:to="bitf_LongtermDebtAmount_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_LongtermDebtBalance_lbl0" xml:lang="en-US">Amount of long-term debt balance.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebtBalance" xlink:to="bitf_LongtermDebtBalance_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatory_lbl0" xml:lang="en-US">Disclosure of long-term deposits and advance payments on equipment.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatory" xlink:to="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_LossgainOnRevaluationOfWarrants_lbl0" xml:lang="en-US">Loss (gain) on revaluation of warrants.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LossgainOnRevaluationOfWarrants" xlink:to="bitf_LossgainOnRevaluationOfWarrants_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_MaterialReportableSegment_lbl0" xml:lang="en-US">Material reportable segment.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MaterialReportableSegment" xlink:to="bitf_MaterialReportableSegment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_MaturitiesDate_lbl0" xml:lang="en-US">Maturity date.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MaturitiesDate" xlink:to="bitf_MaturitiesDate_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_MeasurementPeriodAdjustmentToBusinessCombination_lbl0" xml:lang="en-US">The amount of measurement period adjustment to business combination.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MeasurementPeriodAdjustmentToBusinessCombination" xlink:to="bitf_MeasurementPeriodAdjustmentToBusinessCombination_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_MonthlyRepayments_lbl0" xml:lang="en-US">Amount of Monthly repayment due.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MonthlyRepayments" xlink:to="bitf_MonthlyRepayments_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NetBookValueOfAccumulatedAmortization_lbl0" xml:lang="en-US">Net book value of accumulated amortization.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetBookValueOfAccumulatedAmortization" xlink:to="bitf_NetBookValueOfAccumulatedAmortization_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NetBookValueOfCollateral_lbl0" xml:lang="en-US">Amount of net book value of collateral.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetBookValueOfCollateral" xlink:to="bitf_NetBookValueOfCollateral_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NetCarryingAmountAndFairValue_lbl0" xml:lang="en-US">Represent the amount of net carrying amount and fair value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetCarryingAmountAndFairValue" xlink:to="bitf_NetCarryingAmountAndFairValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NetFinancialincomeExpense_lbl1" xml:lang="en-US">The amount of costs associated with financing activities of the entity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetFinancialincomeExpense" xlink:to="bitf_NetFinancialincomeExpense_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NetFinancialincomeExpenses_lbl0" xml:lang="en-US">Adjustments for finance costs to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Finance costs; Profit (loss)]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetFinancialincomeExpenses" xlink:to="bitf_NetFinancialincomeExpenses_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NetOfImpairmentCharge_lbl0" xml:lang="en-US">Net of impairment charge.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetOfImpairmentCharge" xlink:to="bitf_NetOfImpairmentCharge_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NetProceed_lbl0" xml:lang="en-US">Net proceeds are the amounts received by the seller after deducting all costs and expenses from the gross proceeds in a transaction arising from the sale of an asset (goods, property, or securities).</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetProceed" xlink:to="bitf_NetProceed_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NetProceedsGain_lbl0" xml:lang="en-US">The amount of net proceeds gain.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetProceedsGain" xlink:to="bitf_NetProceedsGain_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NetProceedsLoss_lbl0" xml:lang="en-US">The amount of net proceeds loss.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetProceedsLoss" xlink:to="bitf_NetProceedsLoss_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NewAccountingAmendmentsIssuedAndAdoptedByTheCompanypolicyTextBlock_lbl0" xml:lang="en-US">The description of the new accounting amendments issued and adopted by the Company policy text block.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NewAccountingAmendmentsIssuedAndAdoptedByTheCompanypolicyTextBlock" xlink:to="bitf_NewAccountingAmendmentsIssuedAndAdoptedByTheCompanypolicyTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NewAccountingAmendmentsIssuedToBeAdoptedAtALaterDatePolicyTextBlock_lbl0" xml:lang="en-US">The description of the new accounting amendments issued to be adopted at a later date Policy text block.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NewAccountingAmendmentsIssuedToBeAdoptedAtALaterDatePolicyTextBlock" xlink:to="bitf_NewAccountingAmendmentsIssuedToBeAdoptedAtALaterDatePolicyTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NonRefundableDeposit_lbl0" xml:lang="en-US">Represent the amount of non refundable deposit.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NonRefundableDeposit" xlink:to="bitf_NonRefundableDeposit_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NondeductibleExpensesAndOtherAmount_lbl0" xml:lang="en-US">Non-deductible expenses and other, amount.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NondeductibleExpensesAndOtherAmount" xlink:to="bitf_NondeductibleExpensesAndOtherAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NondeductibleExpensesAndOtherPercentage_lbl0" xml:lang="en-US">Non-deductible expenses and other, percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NondeductibleExpensesAndOtherPercentage" xlink:to="bitf_NondeductibleExpensesAndOtherPercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfCancelledInSharebasedPaymentsArrangement_lbl0" xml:lang="en-US">The number of share options cancelled in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfCancelledInSharebasedPaymentsArrangement" xlink:to="bitf_NumberOfCancelledInSharebasedPaymentsArrangement_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfExercisableShareOptionsExercisable_lbl0" xml:lang="en-US">The number of share options exercisable in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfExercisableShareOptionsExercisable" xlink:to="bitf_NumberOfExercisableShareOptionsExercisable_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfMicroBTWhatsminerM20SMinersSold_lbl0" xml:lang="en-US">Represent the number of micro BT whatsminer M20S miners sold.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfMicroBTWhatsminerM20SMinersSold" xlink:to="bitf_NumberOfMicroBTWhatsminerM20SMinersSold_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfMiners_lbl0" xml:lang="en-US">Number of miner&apos;s.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfMiners" xlink:to="bitf_NumberOfMiners_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfMiningHardware_lbl0" xml:lang="en-US">Number of mining hardware.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfMiningHardware" xlink:to="bitf_NumberOfMiningHardware_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfOutstandingShareRSU_lbl1" xml:lang="en-US">The number of share outstanding RSU.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfOutstandingShareRSU" xlink:to="bitf_NumberOfOutstandingShareRSU_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfShareOptionsSettledNumberOfRSUs_lbl0" xml:lang="en-US">Represent the number of share options settled in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfShareOptionsSettledNumberOfRSUs" xlink:to="bitf_NumberOfShareOptionsSettledNumberOfRSUs_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement_lbl1" xml:lang="en-US">The number of share restricted stock units granted in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement" xlink:to="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfWarrantGrantedexercised_lbl0" xml:lang="en-US">Number of warrants granted exercised.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantGrantedexercised" xlink:to="bitf_NumberOfWarrantGrantedexercised_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfWarrantsExercised_lbl0" xml:lang="en-US">The number of share options exercised in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsExercised" xlink:to="bitf_NumberOfWarrantsExercised_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfWarrantsExpired_lbl0" xml:lang="en-US">The number of share options expired in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsExpired" xlink:to="bitf_NumberOfWarrantsExpired_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfWarrantsGranted_lbl0" xml:lang="en-US">The number of share options granted in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsGranted" xlink:to="bitf_NumberOfWarrantsGranted_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfWarrantsOutstandingBeginning_lbl0" xml:lang="en-US">The number of share options outstanding in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsOutstandingBeginning" xlink:to="bitf_NumberOfWarrantsOutstandingBeginning_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfWarrantsOutstandingEnding_lbl0" xml:lang="en-US">The number of share options outstanding in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsOutstandingEnding" xlink:to="bitf_NumberOfWarrantsOutstandingEnding_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_NumberOfWarrantsOutstandinginShares_lbl0" xml:lang="en-US">Number of warrants outstanding (in Shares).</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsOutstandinginShares" xlink:to="bitf_NumberOfWarrantsOutstandinginShares_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_OffsettingDeferredTaxAssets_lbl0" xml:lang="en-US">Offsetting deferred tax assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OffsettingDeferredTaxAssets" xlink:to="bitf_OffsettingDeferredTaxAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_OptionsIssuedToExercisableExercisedPeriod_lbl0" xml:lang="en-US">Options issued to exercisable exercised period.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OptionsIssuedToExercisableExercisedPeriod" xlink:to="bitf_OptionsIssuedToExercisableExercisedPeriod_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_OtherTransactionCosts_lbl0" xml:lang="en-US">Amount of other transaction costs.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OtherTransactionCosts" xlink:to="bitf_OtherTransactionCosts_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_OtherTransactionFees_lbl0" xml:lang="en-US">The amount of other transaction fees.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OtherTransactionFees" xlink:to="bitf_OtherTransactionFees_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_OutstandingCreditBalance_lbl0" xml:lang="en-US">Represent the amount of outstanding credit balance.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OutstandingCreditBalance" xlink:to="bitf_OutstandingCreditBalance_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_OutstandingLeaseLiability_lbl0" xml:lang="en-US">Amount of lease liability outstanding.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OutstandingLeaseLiability" xlink:to="bitf_OutstandingLeaseLiability_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_OverallPaymentsPaid_lbl0" xml:lang="en-US">Overall payments paid.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OverallPaymentsPaid" xlink:to="bitf_OverallPaymentsPaid_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_Payments_lbl0" xml:lang="en-US">The amount of Payments.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_Payments" xlink:to="bitf_Payments_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PaymentsOfLeaseLiability_lbl0" xml:lang="en-US">Payments of lease liability.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PaymentsOfLeaseLiability" xlink:to="bitf_PaymentsOfLeaseLiability_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PercenatageofSecurities_lbl0" xml:lang="en-US">Securities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PercenatageofSecurities" xlink:to="bitf_PercenatageofSecurities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PercentageOfAnnualDiscountRates_lbl0" xml:lang="en-US">Percentage of annual discount rates.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PercentageOfAnnualDiscountRates" xlink:to="bitf_PercentageOfAnnualDiscountRates_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PrepaymentOfEquipmentAndConstructionPrepayments_lbl0" xml:lang="en-US">The cash outflow for the Prepayment of equipment and construction prepayments, classified as investing activities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PrepaymentOfEquipmentAndConstructionPrepayments" xlink:to="bitf_PrepaymentOfEquipmentAndConstructionPrepayments_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PrepaymentPenaltiesAmount_lbl0" xml:lang="en-US">Prepayment penalties amount.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PrepaymentPenaltiesAmount" xlink:to="bitf_PrepaymentPenaltiesAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PresentedAsROUAsset_lbl0" xml:lang="en-US">Represent the amount of presented as ROU asset.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PresentedAsROUAsset" xlink:to="bitf_PresentedAsROUAsset_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PriorYearPercentage_lbl0" xml:lang="en-US">Prior year, percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PriorYearPercentage" xlink:to="bitf_PriorYearPercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ProceedsFromCommonShares_lbl0" xml:lang="en-US">Proceeds from Common Shares.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromCommonShares" xlink:to="bitf_ProceedsFromCommonShares_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ProceedsFromDispositionOfMarketableSecurities_lbl0" xml:lang="en-US">The cash inflow from the disposal or maturity of available-for-sale financial assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromDispositionOfMarketableSecurities" xlink:to="bitf_ProceedsFromDispositionOfMarketableSecurities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants_lbl0" xml:lang="en-US">The cash inflow from stock options and warrants.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants" xlink:to="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ProceedsFromSaleOfDigitalAssetsEarned_lbl0" xml:lang="en-US">Proceeds from sale of digital assets earned.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromSaleOfDigitalAssetsEarned" xlink:to="bitf_ProceedsFromSaleOfDigitalAssetsEarned_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PropertyPlantAndEquipmentNetValue_lbl1" xml:lang="en-US">Property, plant and equipment net value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantAndEquipmentNetValue" xlink:to="bitf_PropertyPlantAndEquipmentNetValue_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PropertyPlantAndEquipments_lbl0" xml:lang="en-US">The amount of tangible assets that: (a) are held for use in the production or supply of goods or service, for rental to other, or for administrative purposes; and (b) are expected to be used during more than one period.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantAndEquipments" xlink:to="bitf_PropertyPlantAndEquipments_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PropertyPlantsAndEquipment_lbl0" xml:lang="en-US">The amount of property, plant and equipment that the entity does not separately disclose in the same statement or note. [Refer: Property, plant and equipment]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantsAndEquipment" xlink:to="bitf_PropertyPlantsAndEquipment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PurchaseAgreement_lbl0" xml:lang="en-US">Purchase agreement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchaseAgreement" xlink:to="bitf_PurchaseAgreement_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities_lbl0" xml:lang="en-US">The cash outflow for the purchases of digital assets, classified as investing activities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities" xlink:to="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PurchaseOfPropertyPlantAndEquipmentFinancedByShorttermCredit_lbl0" xml:lang="en-US">Purchase of property, plant and equipment financed by short-term credit.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchaseOfPropertyPlantAndEquipmentFinancedByShorttermCredit" xlink:to="bitf_PurchaseOfPropertyPlantAndEquipmentFinancedByShorttermCredit_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_PurchasesOfElectricalComponents_lbl0" xml:lang="en-US">Purchases of electrical components.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchasesOfElectricalComponents" xlink:to="bitf_PurchasesOfElectricalComponents_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_QuantityAdditions_lbl0" xml:lang="en-US">Quantity additions.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityAdditions" xlink:to="bitf_QuantityAdditions_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_QuantityAsOfJanuary1_lbl1" xml:lang="en-US">Represent the amount of quantity as of January 1.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityAsOfJanuary1" xlink:to="bitf_QuantityAsOfJanuary1_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_QuantityBalance_lbl1" xml:lang="en-US">Represent the number of quantity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityBalance" xlink:to="bitf_QuantityBalance_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_QuantityDispositions_lbl0" xml:lang="en-US">Quantity dispositions.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityDispositions" xlink:to="bitf_QuantityDispositions_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_QuantityImpairment_lbl0" xml:lang="en-US">Quantity impairment.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityImpairment" xlink:to="bitf_QuantityImpairment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_QuantityOfGainLossOnDispositionOfBitcoin_lbl0" xml:lang="en-US">Quantity of gain (loss) on disposition of bitcoin.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfGainLossOnDispositionOfBitcoin" xlink:to="bitf_QuantityOfGainLossOnDispositionOfBitcoin_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral_lbl0" xml:lang="en-US">Quantity of digital assets pledged as collateral.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral" xlink:to="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_QuantityOfRevaluationOfDigitalAssets_lbl0" xml:lang="en-US">Quantity of revaluation of digital asset.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfRevaluationOfDigitalAssets" xlink:to="bitf_QuantityOfRevaluationOfDigitalAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_RemainingPaymentsObligation_lbl0" xml:lang="en-US">Represent the amount of remaining payment obligation.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RemainingPaymentsObligation" xlink:to="bitf_RemainingPaymentsObligation_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_RentPayments_lbl0" xml:lang="en-US">Payment for rent.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RentPayments" xlink:to="bitf_RentPayments_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_RestatementsPolicyTextBlock_lbl0" xml:lang="en-US">Disclosure of accounting policy for restatements.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RestatementsPolicyTextBlock" xlink:to="bitf_RestatementsPolicyTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_RestrictedStockUnitsGrantPerUnit_lbl0" xml:lang="en-US">Restricted stock units grant per unit.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RestrictedStockUnitsGrantPerUnit" xlink:to="bitf_RestrictedStockUnitsGrantPerUnit_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_RetirementofEffectOfChangeInDiscountRate_lbl0" xml:lang="en-US">Represent the amount of effect of change in discount rate.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RetirementofEffectOfChangeInDiscountRate" xlink:to="bitf_RetirementofEffectOfChangeInDiscountRate_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_RevaluationOfDigitalAssetsValue_lbl0" xml:lang="en-US">Value of revaluation of digital assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RevaluationOfDigitalAssetsValue" xlink:to="bitf_RevaluationOfDigitalAssetsValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_SalariesAndShareBasedPayment_lbl0" xml:lang="en-US">Salaries and share based payment.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SalariesAndShareBasedPayment" xlink:to="bitf_SalariesAndShareBasedPayment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock_lbl0" xml:lang="en-US">Schedule of property, plant and equipment by country.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock" xlink:to="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_SecurityDepositsForEnergyInsuranceAndRent_lbl0" xml:lang="en-US">Security deposits for energy, insurance and rent.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SecurityDepositsForEnergyInsuranceAndRent" xlink:to="bitf_SecurityDepositsForEnergyInsuranceAndRent_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_SecurityType_lbl0" xml:lang="en-US">Security type.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SecurityType" xlink:to="bitf_SecurityType_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ShareBasedPaymentAwardAwardVestingPeriod_lbl0" xml:lang="en-US">Period over which grantee&apos;s right to exercise award under share-based payment arrangement is no longer contingent on satisfaction of service or performance condition, in &apos;PnYnMnDTnHnMnS&apos; format, for example, &apos;P1Y5M13D&apos; represents reported fact of one year, five months, and thirteen days. Includes, but is not limited to, combination of market, performance or service condition.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShareBasedPaymentAwardAwardVestingPeriod" xlink:to="bitf_ShareBasedPaymentAwardAwardVestingPeriod_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodNetOfForfeitures_lbl0" xml:lang="en-US">Net number of share options (or share units) granted during the period.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodNetOfForfeitures" xlink:to="bitf_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodNetOfForfeitures_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ShortTermDebtOutstandingAmount_lbl0" xml:lang="en-US">For the form of debt having an initial term of less than one year or less than the normal operating cycle, if longer, average borrowings during the period.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShortTermDebtOutstandingAmount" xlink:to="bitf_ShortTermDebtOutstandingAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ShorttermPrepaidDeposits_lbl0" xml:lang="en-US">Short-term prepaid deposits.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShorttermPrepaidDeposits" xlink:to="bitf_ShorttermPrepaidDeposits_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_StatedRatePercentage_lbl0" xml:lang="en-US">Percentage of stated rate.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_StatedRatePercentage" xlink:to="bitf_StatedRatePercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_StockIssuedDuringPeriodSharesNewIssue_lbl0" xml:lang="en-US">Number of new stock issued during the period.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_StockIssuedDuringPeriodSharesNewIssue" xlink:to="bitf_StockIssuedDuringPeriodSharesNewIssue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_StrikePricePerShare_lbl0" xml:lang="en-US">The per share amount of strike price.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_StrikePricePerShare" xlink:to="bitf_StrikePricePerShare_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_TermOfContractualAccessRights_lbl0" xml:lang="en-US">Term of contractual access rights.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TermOfContractualAccessRights" xlink:to="bitf_TermOfContractualAccessRights_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_TotalHoldingFunds_lbl0" xml:lang="en-US">Represent the amount of Total funds.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalHoldingFunds" xlink:to="bitf_TotalHoldingFunds_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_TotalImpairmentOnEquipmentConstructionPrepayments_lbl0" xml:lang="en-US">The amount recognised as an increase of the carrying amount of an asset or cash-generating unit to its recoverable amount when an impairment loss had been previously recognised. [Refer: Impairment loss]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalImpairmentOnEquipmentConstructionPrepayments" xlink:to="bitf_TotalImpairmentOnEquipmentConstructionPrepayments_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_TotalOfAssetsHeldForSale_lbl0" xml:lang="en-US">Total of assets held for sale.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalOfAssetsHeldForSale" xlink:to="bitf_TotalOfAssetsHeldForSale_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_TradeAndOtherPayable_lbl0" xml:lang="en-US">The amount of trade payables and other payables. [Refer: Trade payables; Other payables]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradeAndOtherPayable" xlink:to="bitf_TradeAndOtherPayable_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_TradeReceivableInTerms_lbl0" xml:lang="en-US">Terms of trade receivable non interest bearing percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradeReceivableInTerms" xlink:to="bitf_TradeReceivableInTerms_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_UnrecognizedShareBasedPaymentExpenseAccelerated_lbl0" xml:lang="en-US">Represent the amount of unrecognized share-based payment expense.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_UnrecognizedShareBasedPaymentExpenseAccelerated" xlink:to="bitf_UnrecognizedShareBasedPaymentExpenseAccelerated_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ValueAdditionss_lbl0" xml:lang="en-US">Value additions.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueAdditionss" xlink:to="bitf_ValueAdditionss_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ValueBalance_lbl1" xml:lang="en-US">Represent the amount of quantity value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueBalance" xlink:to="bitf_ValueBalance_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ValueDispositions_lbl0" xml:lang="en-US">Represent the amount of dispositions.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueDispositions" xlink:to="bitf_ValueDispositions_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ValueEndingBalance_lbl0" xml:lang="en-US">Value of digital assets ending balance.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueEndingBalance" xlink:to="bitf_ValueEndingBalance_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ValueImpairmenttAmount_lbl0" xml:lang="en-US">Value impairment.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueImpairmenttAmount" xlink:to="bitf_ValueImpairmenttAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_ValueOfDigitalAssets_lbl0" xml:lang="en-US">Balance of digital assets.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueOfDigitalAssets" xlink:to="bitf_ValueOfDigitalAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_VestGrantPercentage_lbl0" xml:lang="en-US">Vest grant percentage.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_VestGrantPercentage" xlink:to="bitf_VestGrantPercentage_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_WarrantIssuanceCosts_lbl0" xml:lang="en-US">Warrant issuance costs.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantIssuanceCosts" xlink:to="bitf_WarrantIssuanceCosts_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_WarrantsOutstandings_lbl0" xml:lang="en-US">Warrants outstandings.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantsOutstandings" xlink:to="bitf_WarrantsOutstandings_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_WeightedAverageCancelledShareOptions_lbl0" xml:lang="en-US">The number of share options cancelled in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageCancelledShareOptions" xlink:to="bitf_WeightedAverageCancelledShareOptions_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_WeightedAverageExercisePriceShareOptions_lbl1" xml:lang="en-US">The number of share options outstanding in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageExercisePriceShareOptions" xlink:to="bitf_WeightedAverageExercisePriceShareOptions_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_WeightedAverageGrantPriceRSU_lbl1" xml:lang="en-US">The number of share RSU outstanding in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageGrantPriceRSU" xlink:to="bitf_WeightedAverageGrantPriceRSU_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions_lbl0" xml:lang="en-US">The weighted average remaining contractual life of outstanding share options.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions" xlink:to="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_WeightedAverageSettledWeightedAverageGrantPrice_lbl0" xml:lang="en-US">The number of share options settled in a share-based payment arrangement.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageSettledWeightedAverageGrantPrice" xlink:to="bitf_WeightedAverageSettledWeightedAverageGrantPrice_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_WorkersCompensationDiscountPriorYearsAmount_lbl0" xml:lang="en-US">Prior year monetary amount of the change in worker&apos;s compensation reserve liability resulting from the discount applied to reduce the reserve to present value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WorkersCompensationDiscountPriorYearsAmount" xlink:to="bitf_WorkersCompensationDiscountPriorYearsAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bitf_depositsWereReversed_lbl0" xml:lang="en-US">Deposits were reversed.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_depositsWereReversed" xlink:to="bitf_depositsWereReversed_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuedCapitalMember_lbl0" xml:lang="en-US">Issued capital [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapitalMember" xlink:to="ifrs-full_IssuedCapitalMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AfterFiveYearMember_lbl0" xml:lang="en-US">After Five Year Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AfterFiveYearMember" xlink:to="bitf_AfterFiveYearMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_EffectiveRatePercentage_lbl1" xml:lang="en-US">Effective Rate Percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectiveRatePercentage" xlink:to="bitf_EffectiveRatePercentage_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MeasurementBasesPropertyPlantAndEquipment_lbl0" xml:lang="en-US">Measurement bases, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MeasurementBasesPropertyPlantAndEquipment" xlink:to="ifrs-full_MeasurementBasesPropertyPlantAndEquipment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SignificantTransactionContractualLife_lbl0" xml:lang="en-US">Significant Transaction Contractual Life</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SignificantTransactionContractualLife" xlink:to="bitf_SignificantTransactionContractualLife_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ShareBasedPaymentAwardAwardVestingPeriod_lbl1" xml:lang="en-US">Share Based Payment Award Award Vesting Period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShareBasedPaymentAwardAwardVestingPeriod" xlink:to="bitf_ShareBasedPaymentAwardAwardVestingPeriod_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LandAndBuildingsMember_lbl0" xml:lang="en-US">Land and buildings [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LandAndBuildingsMember" xlink:to="ifrs-full_LandAndBuildingsMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_RentPayments_lbl1" xml:lang="en-US">Rent Payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RentPayments" xlink:to="bitf_RentPayments_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherPayables_lbl0" xml:lang="en-US">Other payables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPayables" xlink:to="ifrs-full_OtherPayables_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchasesFairValueMeasurementLiabilities_lbl0" xml:lang="en-US">Purchases, fair value measurement, liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesFairValueMeasurementLiabilities" xlink:to="ifrs-full_PurchasesFairValueMeasurementLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityBalance_lbl2" xml:lang="en-US">Quantity Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityBalance" xlink:to="bitf_QuantityBalance_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DeferredTaxAssetNotRecognizedPercentage_lbl1" xml:lang="en-US">Deferred Tax Asset Not Recognized Percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxAssetNotRecognizedPercentage" xlink:to="bitf_DeferredTaxAssetNotRecognizedPercentage_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl0" xml:lang="en-US">Adjustments for income tax expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl1" xml:lang="en-US">Percentage of voting equity interests acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ThreeYearsBeforeReportingYearMember_lbl0" xml:lang="en-US">Three years before reporting year [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:to="ifrs-full_ThreeYearsBeforeReportingYearMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashTransferred_lbl1" xml:lang="en-US">Cash transferred</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashTransferred" xlink:to="ifrs-full_CashTransferred_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInBiologicalAssetsExplanatory_lbl0" xml:lang="en-US">Disclosure of reconciliation of changes in biological assets [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfReconciliationOfChangesInBiologicalAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInBiologicalAssetsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement_lbl2" xml:lang="en-US">Number Of Share RSUGranted In Sharebased Payment Arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement" xlink:to="bitf_NumberOfShareRSUGrantedInSharebasedPaymentArrangement_lbl2"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfCreditRiskExposureOfTheCompanySTradeReceivablesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfCreditRiskExposureOfTheCompanySTradeReceivablesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfCreditRiskExposureOfTheCompanySTradeReceivablesAbstract_lbl" xml:lang="en-US">Schedule Of Credit Risk Exposure Of The Company STrade Receivables Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfCreditRiskExposureOfTheCompanySTradeReceivablesAbstract" xlink:to="bitf_ScheduleOfCreditRiskExposureOfTheCompanySTradeReceivablesAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GrossProceedsAmount_lbl0" xml:lang="en-US">Gross Proceeds Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GrossProceedsAmount" xlink:to="bitf_GrossProceedsAmount_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_YguazuParaguayMember_lbl0" xml:lang="en-US">Yguazu Paraguay Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_YguazuParaguayMember" xlink:to="bitf_YguazuParaguayMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfYearsDepreciationMethodAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfYearsDepreciationMethodAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfYearsDepreciationMethodAbstract_lbl" xml:lang="en-US">Schedule Of Years Depreciation Method Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfYearsDepreciationMethodAbstract" xlink:to="bitf_ScheduleOfYearsDepreciationMethodAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PurchaseAgreement_lbl1" xml:lang="en-US">Purchase Agreement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchaseAgreement" xlink:to="bitf_PurchaseAgreement_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ConsumerPricePercentage_lbl1" xml:lang="en-US">Consumer Price Percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ConsumerPricePercentage" xlink:to="bitf_ConsumerPricePercentage_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfMiningHardware_lbl1" xml:lang="en-US">Number Of Mining Hardware</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfMiningHardware" xlink:to="bitf_NumberOfMiningHardware_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_MaterialReportableSegment_lbl1" xml:lang="en-US">Material Reportable Segment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MaterialReportableSegment" xlink:to="bitf_MaterialReportableSegment_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PrincipalPlaceOfBusiness_lbl0" xml:lang="en-US">Principal place of business</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PrincipalPlaceOfBusiness" xlink:to="ifrs-full_PrincipalPlaceOfBusiness_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImpairmentLossReversal_lbl1" xml:lang="en-US">Impairment Loss Reversal</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentLossReversal" xlink:to="bitf_ImpairmentLossReversal_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock_lbl1" xml:lang="en-US">Schedule Of Property Plant And Equipment By Country Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock" xlink:to="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OrionMember_lbl0" xml:lang="en-US">Orion Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OrionMember" xlink:to="bitf_OrionMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TotalCost_lbl0" xml:lang="en-US">Total Cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalCost" xlink:to="bitf_TotalCost_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory_lbl0" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" xlink:to="ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants_lbl1" xml:lang="en-US">Increase Decrease In Number Of Shares Issuance Of Common Shares And Warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants" xlink:to="bitf_IncreaseDecreaseInNumberOfSharesIssuanceOfCommonSharesAndWarrants_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetForeignExchangeLoss_lbl0" xml:lang="en-US">Net foreign exchange loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetForeignExchangeLoss" xlink:to="ifrs-full_NetForeignExchangeLoss_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl0" xml:lang="en-US">Disclosure of trade and other receivables [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssetsAbstract_lbl0" xml:lang="en-US">Current assets [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsAbstract" xlink:to="ifrs-full_CurrentAssetsAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrencyRiskMember_lbl0" xml:lang="en-US">Currency risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrencyRiskMember" xlink:to="ifrs-full_CurrencyRiskMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevaluationSurplus_lbl0" xml:lang="en-US">Revaluation surplus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevaluationSurplus" xlink:to="ifrs-full_RevaluationSurplus_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesExplanatoryTextBlock_lbl0" xml:lang="en-US">Schedule Of Bitcoin Transactions And The Corresponding Values Explanatory Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesExplanatoryTextBlock" xlink:to="bitf_ScheduleOfBitcoinTransactionsAndTheCorrespondingValuesExplanatoryTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage_lbl1" xml:lang="en-US">Income Tax Recovery At Statutory Rate Percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage" xlink:to="bitf_IncomeTaxRecoveryAtStatutoryRatePercentage_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_FinancingFeesMember_lbl0" xml:lang="en-US">Financing Fees Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FinancingFeesMember" xlink:to="bitf_FinancingFeesMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentReceivables_lbl0" xml:lang="en-US">Trade and other non-current receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentReceivables" xlink:to="ifrs-full_NoncurrentReceivables_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_StatementOfFinancialPositionAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US">Statement of financial position [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="ifrs-full_StatementOfFinancialPositionAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IncreasedecreaseInTaxesPayable_lbl1" xml:lang="en-US">Increasedecrease In Taxes Payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreasedecreaseInTaxesPayable" xlink:to="bitf_IncreasedecreaseInTaxesPayable_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfContractualMaturitiesOfFinancialLiabilitiesAndLeaseLiabilitiesNonFinancialLiabilitiesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfContractualMaturitiesOfFinancialLiabilitiesAndLeaseLiabilitiesNonFinancialLiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfContractualMaturitiesOfFinancialLiabilitiesAndLeaseLiabilitiesNonFinancialLiabilitiesAbstract_lbl" xml:lang="en-US">Schedule Of Contractual Maturities Of Financial Liabilities And Lease Liabilities Non Financial Liabilities Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfContractualMaturitiesOfFinancialLiabilitiesAndLeaseLiabilitiesNonFinancialLiabilitiesAbstract" xlink:to="bitf_ScheduleOfContractualMaturitiesOfFinancialLiabilitiesAndLeaseLiabilitiesNonFinancialLiabilitiesAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AcquisitionAxis_lbl0" xml:lang="en-US">Acquisition Axis</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AcquisitionAxis" xlink:to="bitf_AcquisitionAxis_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetAssetsAcquiredAbstract0_lbl0" xml:lang="en-US">Net Assets Acquired Abstract0</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetAssetsAcquiredAbstract0" xlink:to="bitf_NetAssetsAcquiredAbstract0_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CanadianDollarsMember_lbl0" xml:lang="en-US">Canadian Dollars Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CanadianDollarsMember" xlink:to="bitf_CanadianDollarsMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImpairmentsOfBookValue_lbl1" xml:lang="en-US">Impairments Of Book Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentsOfBookValue" xlink:to="bitf_ImpairmentsOfBookValue_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl2" xml:lang="en-US">Number of shares outstanding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetProceedsLoss_lbl1" xml:lang="en-US">Net Proceeds Loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetProceedsLoss" xlink:to="bitf_NetProceedsLoss_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BlockchainVerificationAndValidationEquipmentMember_lbl0" xml:lang="en-US">Blockchain Verification And Validation Equipment Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BlockchainVerificationAndValidationEquipmentMember" xlink:to="bitf_BlockchainVerificationAndValidationEquipmentMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfDeferredTaxLiabilityAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfDeferredTaxLiabilityAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfDeferredTaxLiabilityAbstract_lbl" xml:lang="en-US">Schedule Of Deferred Tax Liability Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfDeferredTaxLiabilityAbstract" xlink:to="bitf_ScheduleOfDeferredTaxLiabilityAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainRecognisedInBargainPurchaseTransaction_lbl0" xml:lang="en-US">Gain recognised in bargain purchase transaction</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:to="ifrs-full_GainRecognisedInBargainPurchaseTransaction_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_YearFourMember_lbl0" xml:lang="en-US">Year Four Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_YearFourMember" xlink:to="bitf_YearFourMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationMethodBiologicalAssetsAtCost_lbl0" xml:lang="en-US">Depreciation method, biological assets, at cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationMethodBiologicalAssetsAtCost" xlink:to="ifrs-full_DepreciationMethodBiologicalAssetsAtCost_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl0" xml:lang="en-US">Current derivative financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCostOfSalesExplanatory_lbl0" xml:lang="en-US">Disclosure of cost of sales [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCostOfSalesExplanatory" xlink:to="ifrs-full_DisclosureOfCostOfSalesExplanatory_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfCompensationOfKeyManagementAndDirectorsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfCompensationOfKeyManagementAndDirectorsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfCompensationOfKeyManagementAndDirectorsAbstract_lbl" xml:lang="en-US">Schedule Of Compensation Of Key Management And Directors Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfCompensationOfKeyManagementAndDirectorsAbstract" xlink:to="bitf_ScheduleOfCompensationOfKeyManagementAndDirectorsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfPropertyPlantAndEquipmentByCountryAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryAbstract_lbl" xml:lang="en-US">Schedule Of Property Plant And Equipment By Country Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryAbstract" xlink:to="bitf_ScheduleOfPropertyPlantAndEquipmentByCountryAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromNoncurrentBorrowings_lbl0" xml:lang="en-US">Proceeds from non-current borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:to="ifrs-full_ProceedsFromNoncurrentBorrowings_lbl0"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageNumberOfCommonSharesOutstandingAbstract" xlink:to="bitf_WeightedAverageNumberOfCommonSharesOutstandingAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests_lbl0" xml:lang="en-US">Other comprehensive income, attributable to non-controlling interests</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_lbl0" xml:lang="en-US">Expected dividend as percentage, share options granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:to="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract_lbl0" xml:lang="en-US">Other comprehensive income [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_OtherComprehensiveIncomeAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationRightofuseAssets_lbl1" xml:lang="en-US">Depreciation, right-of-use assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Restricted Stock Units Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock" xlink:to="bitf_DisclosureOfRestrictedStockUnitsTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Detailed Information About Cash Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutCashTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CashFlowsFromUsedInInvestingActivitiesAbstract0_lbl0" xml:lang="en-US">Cash Flows From Used In Investing Activities Abstract0</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CashFlowsFromUsedInInvestingActivitiesAbstract0" xlink:to="bitf_CashFlowsFromUsedInInvestingActivitiesAbstract0_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl1" xml:lang="en-US">Cash flows from (used in) investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome_lbl0" xml:lang="en-US">Other components of deferred tax expense (income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome" xlink:to="ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLeaseLiabilities_lbl0" xml:lang="en-US">Current lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitmainS19jProOneMember_lbl0" xml:lang="en-US">Bitmain S19j Pro One Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitmainS19jProOneMember" xlink:to="bitf_BitmainS19jProOneMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BrokerWarrantsJanuaryMember_lbl0" xml:lang="en-US">Broker Warrants January Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantsJanuaryMember" xlink:to="bitf_BrokerWarrantsJanuaryMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_lbl0" xml:lang="en-US">Disclosure of fair value measurement of liabilities [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_lbl0" xml:lang="en-US">Gains (losses) recognised in other comprehensive income including exchange differences, fair value measurement, assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BalancesPayableToRelatedParties_lbl1" xml:lang="en-US">Balances Payable To Related Parties</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TotalImpairmentOnEquipmentConstructionPrepayments_lbl1" xml:lang="en-US">Total Impairment On Equipment Construction Prepayments</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_VehiclesMember_lbl1" xml:lang="en-US">Vehicles [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_VehiclesMember" xlink:to="ifrs-full_VehiclesMember_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_FinancialAssetsAtAmortizedCostAbstract_lbl0" xml:lang="en-US">Financial Assets At Amortized Cost Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FinancialAssetsAtAmortizedCostAbstract" xlink:to="bitf_FinancialAssetsAtAmortizedCostAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_VestGrantPercentage_lbl1" xml:lang="en-US">Vest Grant Percentage</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AmortizationMethodAndPeriod_lbl1" xml:lang="en-US">Amortization Method And Period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AmortizationMethodAndPeriod" xlink:to="bitf_AmortizationMethodAndPeriod_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl0" xml:lang="en-US">Current trade payables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability_lbl0" xml:lang="en-US">Accumulated increase (decrease) in fair value of financial liability, attributable to changes in credit risk of liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:to="ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetFinancialincomeExpenses_lbl1" xml:lang="en-US">Net Financialincome Expenses</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromDisposalOfMiningAssets_lbl0" xml:lang="en-US">Proceeds from disposal of mining assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromDisposalOfMiningAssets" xlink:to="ifrs-full_ProceedsFromDisposalOfMiningAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PrepaymentPenaltiesAmount_lbl1" xml:lang="en-US">Prepayment Penalties Amount</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MajorOrdinaryShareTransactionsMember_lbl0" xml:lang="en-US">Major ordinary share transactions [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MajorOrdinaryShareTransactionsMember" xlink:to="ifrs-full_MajorOrdinaryShareTransactionsMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromIssueOfOrdinaryShares_lbl0" xml:lang="en-US">Proceeds from issue of ordinary shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssueOfOrdinaryShares" xlink:to="ifrs-full_ProceedsFromIssueOfOrdinaryShares_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfAdditionalDetailsToTheStatementsOfCashFlowsTableTextBlock_lbl0" xml:lang="en-US">Disclosure Of Additional Details To The Statements Of Cash Flows Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfAdditionalDetailsToTheStatementsOfCashFlowsTableTextBlock" xlink:to="bitf_DisclosureOfAdditionalDetailsToTheStatementsOfCashFlowsTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitcoinIssuedDescription_lbl1" xml:lang="en-US">Bitcoin Issued Description</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinIssuedDescription" xlink:to="bitf_BitcoinIssuedDescription_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfOutstandingWarrantsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfOutstandingWarrantsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfOutstandingWarrantsAbstract_lbl" xml:lang="en-US">Schedule Of Outstanding Warrants Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfOutstandingWarrantsAbstract" xlink:to="bitf_ScheduleOfOutstandingWarrantsAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ExpectedLifeOfStockOptions_lbl0" xml:lang="en-US">Expected Life Of Stock Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ExpectedLifeOfStockOptions" xlink:to="bitf_ExpectedLifeOfStockOptions_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Outstanding Stock Options Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock" xlink:to="bitf_DisclosureOfOutstandingStockOptionsTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ProfessionalServices_lbl0" xml:lang="en-US">Professional Services</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl0" xml:lang="en-US">Increase (decrease) through net exchange differences, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_MaturitiesDate_lbl1" xml:lang="en-US">Maturities Date</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityOfBitcoinEarned_lbl0" xml:lang="en-US">Quantity Of Bitcoin Earned</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfBitcoinEarned" xlink:to="bitf_QuantityOfBitcoinEarned_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfAssetRetirementProvisionAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfAssetRetirementProvisionAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfAssetRetirementProvisionAbstract_lbl" xml:lang="en-US">Schedule Of Asset Retirement Provision Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfAssetRetirementProvisionAbstract" xlink:to="bitf_ScheduleOfAssetRetirementProvisionAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract_lbl0" xml:lang="en-US">Weighted average ordinary shares used in calculating basic and diluted earnings per share [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract" xlink:to="ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityImpairment_lbl1" xml:lang="en-US">Quantity Impairment</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DepositsForConstructionAmount_lbl1" xml:lang="en-US">Deposits For Construction Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DepositsForConstructionAmount" xlink:to="bitf_DepositsForConstructionAmount_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CashFlowsFromUsedInOperatingActivitiesAbstract0_lbl0" xml:lang="en-US">Cash Flows From Used In Operating Activities Abstract0</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CashFlowsFromUsedInOperatingActivitiesAbstract0" xlink:to="bitf_CashFlowsFromUsedInOperatingActivitiesAbstract0_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WeightedAverageGrantPriceRSU_lbl2" xml:lang="en-US">Weighted Average Grant Price RSU</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageGrantPriceRSU" xlink:to="bitf_WeightedAverageGrantPriceRSU_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_lbl0" xml:lang="en-US">Decrease through classified as held for sale, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:to="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_lbl0" xml:lang="en-US">Non-current liabilities [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="ifrs-full_NoncurrentLiabilitiesAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImportDuty_lbl1" xml:lang="en-US">Import Duty</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImportDuty" xlink:to="bitf_ImportDuty_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitcoinExchangedForCashAndServicesValue_lbl1" xml:lang="en-US">Bitcoin Exchanged For Cash And Services Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinExchangedForCashAndServicesValue" xlink:to="bitf_BitcoinExchangedForCashAndServicesValue_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityExplanatory_lbl0" xml:lang="en-US">Disclosure of intangible assets material to entity [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_lbl0" xml:lang="en-US">Weighted average exercise price of share options forfeited in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants_lbl1" xml:lang="en-US">Proceeds From Exercise Of Stock Options And Warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants" xlink:to="bitf_ProceedsFromExerciseOfStockOptionsAndWarrants_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl0" xml:lang="en-US">Disclosure of transactions between related parties [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BackboneMiningMember_lbl0" xml:lang="en-US">Backbone Mining Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImpairmentOnDepositsTransferredToPPE_lbl1" xml:lang="en-US">Impairment On Deposits Transferred To PPE</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl0" xml:lang="en-US">Repayments of borrowings, classified as financing activities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CurrentCreditFacility_lbl1" xml:lang="en-US">Current Credit Facility</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BaieComeauQuebecMember_lbl0" xml:lang="en-US">Baie Comeau Quebec Member</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfCashAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfCashAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfCashAbstract_lbl" xml:lang="en-US">Schedule Of Cash Abstract</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitAndLossAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitAndLossAbstract"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LongtermBorrowings_lbl0" xml:lang="en-US">Non-current portion of non-current borrowings</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_MonthlyRepayments_lbl1" xml:lang="en-US">Monthly Repayments</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ShortTermDebtOutstandingAmount_lbl1" xml:lang="en-US">Short Term Debt Outstanding Amount</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_lbl0" xml:lang="en-US">Weighted average exercise price of share options exercisable in share-based payment arrangement</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCashAndCashEquivalents_lbl1" xml:lang="en-US">Other cash and cash equivalents</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BlockchainVerificationAndValidationEquipmentprimarilyMinersMember_lbl0" xml:lang="en-US">Blockchain Verification And Validation Equipmentprimarily Miners Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Right Of Use Assets And Lease Liabilities Table Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssetsAbstract_lbl0" xml:lang="en-US">Non-current assets [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl0" xml:lang="en-US">Expected volatility, share options granted</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Sharebased Compensation Arrangement By Sharebased Payment Award Options Grants Table Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl0" xml:lang="en-US">Disclosure of operating segments [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationExpense_lbl0" xml:lang="en-US">Depreciation expense</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl0" xml:lang="en-US">Proceeds from sales of property, plant and equipment, classified as investing activities</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfCostOfRevenuesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfCostOfRevenuesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfCostOfRevenuesAbstract_lbl" xml:lang="en-US">Schedule Of Cost Of Revenues Abstract</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019_lbl1" xml:lang="en-US">Weighted average exercise price of share options expired in share-based payment arrangement</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuebecCGUMember_lbl1" xml:lang="en-US">Quebec CGUMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WarrantsIssued_lbl1" xml:lang="en-US">Warrants Issued</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl0" xml:lang="en-US">Disclosure of trade and other payables [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherLiabilities_lbl0" xml:lang="en-US">Other liabilities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OffsettingDeferredTaxAssets_lbl1" xml:lang="en-US">Offsetting Deferred Tax Assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_Deposit_lbl1" xml:lang="en-US">Deposit</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_UnrecognizedShareBasedPaymentExpenseAccelerated_lbl1" xml:lang="en-US">Unrecognized Share Based Payment Expense Accelerated</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US">Schedule Of Carrying Values And The Fair Value Of Assets And Liabilities Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesAbstract" xlink:to="bitf_ScheduleOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OutstandingLeaseLiability_lbl1" xml:lang="en-US">Outstanding Lease Liability</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_M31SNetBookMember_lbl0" xml:lang="en-US">M31 SNet Book Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AcquisitionsOfAssetsInParaguayMember_lbl0" xml:lang="en-US">Acquisitions Of Assets In Paraguay Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentWarrantLiability_lbl0" xml:lang="en-US">Current warrant liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentWarrantLiability" xlink:to="ifrs-full_CurrentWarrantLiability_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossLeaseLiabilities_lbl0" xml:lang="en-US">Gross lease liabilities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_MinersHeldForSaleMember_lbl1" xml:lang="en-US">Miners Held For Sale Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_StrikePricePerShare_lbl1" xml:lang="en-US">Strike Price Per Share</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwillCarryingAmountAtCostOfRevaluedAssets_lbl1" xml:lang="en-US">Intangible assets other than goodwill, revalued assets, at cost</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PurchaseOfPropertyPlantAndEquipmentFinancedByShorttermCredit_lbl1" xml:lang="en-US">Purchase Of Property Plant And Equipment Financed By Shortterm Credit</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ROUAssetMember_lbl0" xml:lang="en-US">ROUAsset Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeasedPremisesMember_lbl0" xml:lang="en-US">Leased Premises Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LongTermDepositMember_lbl0" xml:lang="en-US">Long Term Deposit Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl0" xml:lang="en-US">Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_lbl0" xml:lang="en-US">Proceeds from sales of other long-term assets, classified as investing activities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TopOfRangeMember_lbl2" xml:lang="en-US">Top of range [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory_lbl0" xml:lang="en-US">Disclosure of depreciation and amortisation expense [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_ARS_lbl0" xml:lang="en-US">Argentina, Pesos</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_ARS" xlink:to="currency_ARS_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PriorYearPercentage_lbl1" xml:lang="en-US">Prior Year Percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PriorYearPercentage" xlink:to="bitf_PriorYearPercentage_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NondeductibleExpensesAndOtherAmount_lbl1" xml:lang="en-US">Nondeductible Expenses And Other Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NondeductibleExpensesAndOtherAmount" xlink:to="bitf_NondeductibleExpensesAndOtherAmount_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfIntangibleAssetsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfIntangibleAssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfIntangibleAssetsAbstract_lbl" xml:lang="en-US">Schedule Of Intangible Assets Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfIntangibleAssetsAbstract" xlink:to="bitf_ScheduleOfIntangibleAssetsAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ElectricalComponentInventory_lbl1" xml:lang="en-US">Electrical Component Inventory</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ElectricalComponentInventory" xlink:to="bitf_ElectricalComponentInventory_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EnergyExpense_lbl0" xml:lang="en-US">Energy expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EnergyExpense" xlink:to="ifrs-full_EnergyExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxRateEffectFromChangeInTaxRate_lbl0" xml:lang="en-US">Tax rate effect from change in tax rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxRateEffectFromChangeInTaxRate" xlink:to="ifrs-full_TaxRateEffectFromChangeInTaxRate_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfQuantityAndModelsOfBtcBvveAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfQuantityAndModelsOfBtcBvveAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfQuantityAndModelsOfBtcBvveAbstract_lbl" xml:lang="en-US">Schedule Of Quantity And Models Of Btc Bvve Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfQuantityAndModelsOfBtcBvveAbstract" xlink:to="bitf_ScheduleOfQuantityAndModelsOfBtcBvveAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AccessRightsToElectricityMember_lbl0" xml:lang="en-US">Access Rights To Electricity Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccessRightsToElectricityMember" xlink:to="bitf_AccessRightsToElectricityMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityAdditions_lbl1" xml:lang="en-US">Quantity Additions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityAdditions" xlink:to="bitf_QuantityAdditions_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl0" xml:lang="en-US">Basic earnings (loss) per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeaseExceedsTerm_lbl1" xml:lang="en-US">Lease Exceeds Term</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseExceedsTerm" xlink:to="bitf_LeaseExceedsTerm_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfInputsUsedInFairValueMeasurementAssets_lbl0" xml:lang="en-US">Description of inputs used in fair value measurement, assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfInputsUsedInFairValueMeasurementAssets" xlink:to="ifrs-full_DescriptionOfInputsUsedInFairValueMeasurementAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1" xml:lang="en-US">Additions other than through business combinations, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilities_lbl0" xml:lang="en-US">Deferred tax liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract_lbl0" xml:lang="en-US">Item That Will Not Be Reclassified To Profit Or Loss Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract" xlink:to="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Carrying Values And The Fair Value Of Assets And Liabilities Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock" xlink:to="bitf_DisclosureOfCarryingValuesAndTheFairValueOfAssetsAndLiabilitiesTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetBookValueOfAccumulatedAmortization_lbl1" xml:lang="en-US">Net Book Value Of Accumulated Amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetBookValueOfAccumulatedAmortization" xlink:to="bitf_NetBookValueOfAccumulatedAmortization_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssetsAbstract_lbl0" xml:lang="en-US">Assets [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAbstract" xlink:to="ifrs-full_AssetsAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CollateralAmount_lbl1" xml:lang="en-US">Collateral Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CollateralAmount" xlink:to="bitf_CollateralAmount_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetainedEarningsMember_lbl0" xml:lang="en-US">Retained earnings [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarningsMember" xlink:to="ifrs-full_RetainedEarningsMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfManagingLiquidityRisk_lbl0" xml:lang="en-US">Disclosure of how entity manages liquidity risk [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfManagingLiquidityRisk" xlink:to="ifrs-full_DescriptionOfManagingLiquidityRisk_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LongtermDeposits_lbl0" xml:lang="en-US">Long-term deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermDeposits" xlink:to="ifrs-full_LongtermDeposits_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AsRestatedMember_lbl1" xml:lang="en-US">As Restated Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AsRestatedMember" xlink:to="bitf_AsRestatedMember_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl1" xml:lang="en-US">Weighted average exercise price of share options exercised in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssets_lbl0" xml:lang="en-US">Current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdjustmentsForAbstract_lbl0" xml:lang="en-US">Adjustments For Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsForAbstract" xlink:to="bitf_AdjustmentsForAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedDepreciationAndAmortisationMember_lbl0" xml:lang="en-US">Accumulated depreciation and amortisation [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="ifrs-full_AccumulatedDepreciationAndAmortisationMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_EffectOfChangeInDiscountRate_lbl1" xml:lang="en-US">Effect Of Change In Discount Rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectOfChangeInDiscountRate" xlink:to="bitf_EffectOfChangeInDiscountRate_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_InitialRecognitionMember_lbl0" xml:lang="en-US">Initial Recognition Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_InitialRecognitionMember" xlink:to="bitf_InitialRecognitionMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PurchasePriceAbstract_lbl0" xml:lang="en-US">Purchase Price Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchasePriceAbstract" xlink:to="bitf_PurchasePriceAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SecurityDepositsForEnergyInsuranceAndRent_lbl1" xml:lang="en-US">Security Deposits For Energy Insurance And Rent</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SecurityDepositsForEnergyInsuranceAndRent" xlink:to="bitf_SecurityDepositsForEnergyInsuranceAndRent_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayablesToRelatedParties_lbl0" xml:lang="en-US">Payables to related parties</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesToRelatedParties" xlink:to="ifrs-full_TradeAndOtherPayablesToRelatedParties_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GrossUnits_lbl1" xml:lang="en-US">Gross Units</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GrossUnits" xlink:to="bitf_GrossUnits_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FeeAndCommissionExpense_lbl0" xml:lang="en-US">Fee and commission expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FeeAndCommissionExpense" xlink:to="ifrs-full_FeeAndCommissionExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TradeReceivable_lbl0" xml:lang="en-US">Trade Receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradeReceivable" xlink:to="bitf_TradeReceivable_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfRightOfUseAssetsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfRightOfUseAssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfRightOfUseAssetsAbstract_lbl" xml:lang="en-US">Schedule Of Right Of Use Assets Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfRightOfUseAssetsAbstract" xlink:to="bitf_ScheduleOfRightOfUseAssetsAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ValueEndingBalance_lbl1" xml:lang="en-US">Value Ending Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ValueEndingBalance" xlink:to="bitf_ValueEndingBalance_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl0" xml:lang="en-US">Disclosure of income tax [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:to="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GainLossOnDispositionOfBitcoinValue_lbl1" xml:lang="en-US">Gain Loss On Disposition Of Bitcoin Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainLossOnDispositionOfBitcoinValue" xlink:to="bitf_GainLossOnDispositionOfBitcoinValue_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdjustmentsMember_lbl0" xml:lang="en-US">Adjustments Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdjustmentsMember" xlink:to="bitf_AdjustmentsMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetRetirementProvision_lbl1" xml:lang="en-US">Asset Retirement Provision</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetRetirementProvision" xlink:to="bitf_AssetRetirementProvision_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl0" xml:lang="en-US">Amortisation, intangible assets other than goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_InnosiliconT3T2TMember_lbl0" xml:lang="en-US">Innosilicon T3 T2 TMember</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_InnosiliconT3T2TMember" xlink:to="bitf_InnosiliconT3T2TMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImpairmentChargeToGoodwill_lbl0" xml:lang="en-US">Impairment Charge To Goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentChargeToGoodwill" xlink:to="bitf_ImpairmentChargeToGoodwill_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WarrantsJanuaryMember_lbl0" xml:lang="en-US">Warrants January Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantsJanuaryMember" xlink:to="bitf_WarrantsJanuaryMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_lbl0" xml:lang="en-US">Description of accounting policy for financial instruments [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory_lbl0" xml:lang="en-US">Disclosure of other current assets [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory_lbl0" xml:lang="en-US">Disclosure of non-current assets held for sale and discontinued operations [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:to="ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxExpenseIncome_lbl0" xml:lang="en-US">Current tax expense (income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxExpenseIncome" xlink:to="ifrs-full_CurrentTaxExpenseIncome_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_StockIssuedDuringPeriodSharesNewIssue_lbl1" xml:lang="en-US">Stock Issued During Period Shares New Issue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_StockIssuedDuringPeriodSharesNewIssue" xlink:to="bitf_StockIssuedDuringPeriodSharesNewIssue_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCurrentFinancialLiabilities_lbl0" xml:lang="en-US">Other current financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentFinancialLiabilities" xlink:to="ifrs-full_OtherCurrentFinancialLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityAsOfJanuary1_lbl2" xml:lang="en-US">Quantity As Of January1</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityAsOfJanuary1" xlink:to="bitf_QuantityAsOfJanuary1_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TermOfContractualAccessRights_lbl1" xml:lang="en-US">Term Of Contractual Access Rights</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TermOfContractualAccessRights" xlink:to="bitf_TermOfContractualAccessRights_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod_lbl0" xml:lang="en-US">Adjustments for current tax of prior periods</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:to="ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiningAssets_lbl0" xml:lang="en-US">Mining assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiningAssets" xlink:to="ifrs-full_MiningAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl0" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IntangibleAccessRightsToElectricity_lbl0" xml:lang="en-US">Intangible Access Rights To Electricity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IntangibleAccessRightsToElectricity" xlink:to="bitf_IntangibleAccessRightsToElectricity_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_M20SMember_lbl0" xml:lang="en-US">M20 SMember</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_M20SMember" xlink:to="bitf_M20SMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfForeignCurrencyRiskAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfForeignCurrencyRiskAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfForeignCurrencyRiskAbstract_lbl" xml:lang="en-US">Schedule Of Foreign Currency Risk Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfForeignCurrencyRiskAbstract" xlink:to="bitf_ScheduleOfForeignCurrencyRiskAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BackboneMiningSolutionsLLCMember_lbl0" xml:lang="en-US">Backbone Mining Solutions LLCMember</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneMiningSolutionsLLCMember" xlink:to="bitf_BackboneMiningSolutionsLLCMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LongtermDebt1_lbl1" xml:lang="en-US">Longterm Debt1</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebt1" xlink:to="bitf_LongtermDebt1_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities_lbl0" xml:lang="en-US">Expense relating to variable lease payments not included in measurement of lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:to="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WagesAndSalaries_lbl0" xml:lang="en-US">Wages and salaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WagesAndSalaries" xlink:to="ifrs-full_WagesAndSalaries_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityOfRevaluationOfDigitalAssets_lbl1" xml:lang="en-US">Quantity Of Revaluation Of Digital Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfRevaluationOfDigitalAssets" xlink:to="bitf_QuantityOfRevaluationOfDigitalAssets_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PropertyPlantAndEquipments_lbl1" xml:lang="en-US">Property Plant And Equipments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantAndEquipments" xlink:to="bitf_PropertyPlantAndEquipments_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_MicroBTWhatsminerM20SMinersMember_lbl2" xml:lang="en-US">Micro BTWhatsminer M20 SMiners Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MicroBTWhatsminerM20SMinersMember" xlink:to="bitf_MicroBTWhatsminerM20SMinersMember_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl1" xml:lang="en-US">Tax expense (income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_HostingAndTelecommunications_lbl1" xml:lang="en-US">Hosting And Telecommunications</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_HostingAndTelecommunications" xlink:to="bitf_HostingAndTelecommunications_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_MicroBTWhatsminerMember_lbl0" xml:lang="en-US">Micro BTWhatsminer Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MicroBTWhatsminerMember" xlink:to="bitf_MicroBTWhatsminerMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionalCapacity_lbl1" xml:lang="en-US">Additional Capacity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalCapacity" xlink:to="bitf_AdditionalCapacity_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeReceivables_lbl0" xml:lang="en-US">Trade receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivables" xlink:to="ifrs-full_TradeReceivables_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_RestrictedStockUnitsGrantPerUnit_lbl1" xml:lang="en-US">Restricted Stock Units Grant Per Unit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RestrictedStockUnitsGrantPerUnit" xlink:to="bitf_RestrictedStockUnitsGrantPerUnit_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageShares_lbl0" xml:lang="en-US">Weighted average number of ordinary shares used in calculating basic earnings per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageSharePrice2019_lbl1" xml:lang="en-US">Weighted average share price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageSharePrice2019" xlink:to="ifrs-full_WeightedAverageSharePrice2019_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepositsFromBanks_lbl0" xml:lang="en-US">Deposits from banks</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepositsFromBanks" xlink:to="ifrs-full_DepositsFromBanks_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitmainS19XPOneMember_lbl0" xml:lang="en-US">Bitmain S19 XPOne Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitmainS19XPOneMember" xlink:to="bitf_BitmainS19XPOneMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeaseholdImprovements_lbl0" xml:lang="en-US">Leasehold Improvements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseholdImprovements" xlink:to="bitf_LeaseholdImprovements_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities_lbl1" xml:lang="en-US">Purchase Of Digital Assets Classified As Investing Activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities" xlink:to="bitf_PurchaseOfDigitalAssetsClassifiedAsInvestingActivities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PurchasesOfElectricalComponents_lbl1" xml:lang="en-US">Purchases Of Electrical Components</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PurchasesOfElectricalComponents" xlink:to="bitf_PurchasesOfElectricalComponents_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PrepaymentOfEquipmentAndConstructionPrepayments_lbl1" xml:lang="en-US">Prepayment Of Equipment And Construction Prepayments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PrepaymentOfEquipmentAndConstructionPrepayments" xlink:to="bitf_PrepaymentOfEquipmentAndConstructionPrepayments_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets_lbl0" xml:lang="en-US">Adjustments for decrease (increase) in other current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CommissionPaid_lbl0" xml:lang="en-US">Commission Paid</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_FairValueOfOptionsPerShare_lbl0" xml:lang="en-US">Fair Value Of Options Per Share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FairValueOfOptionsPerShare" xlink:to="bitf_FairValueOfOptionsPerShare_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement_lbl0" xml:lang="en-US">Number of instruments granted in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionalPotentiallyDilutiveSecurities_lbl1" xml:lang="en-US">Additional Potentially Dilutive Securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AdditionalPotentiallyDilutiveSecurities" xlink:to="bitf_AdditionalPotentiallyDilutiveSecurities_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfPropertyPlantAndEquipmentAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfPropertyPlantAndEquipmentAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfPropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US">Schedule Of Property Plant And Equipment Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfPropertyPlantAndEquipmentAbstract" xlink:to="bitf_ScheduleOfPropertyPlantAndEquipmentAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ElectricalEquipmentMember_lbl0" xml:lang="en-US">Electrical Equipment Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ElectricalEquipmentMember" xlink:to="bitf_ElectricalEquipmentMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract0_lbl0" xml:lang="en-US">Item That Will Not Be Reclassified To Profit Or Loss Abstract0</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract0" xlink:to="bitf_ItemThatWillNotBeReclassifiedToProfitOrLossAbstract0_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComputerSoftwareMember_lbl1" xml:lang="en-US">Computer software [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComputerSoftwareMember" xlink:to="ifrs-full_ComputerSoftwareMember_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FourYearsBeforeReportingYearMember_lbl0" xml:lang="en-US">Four years before reporting year [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FourYearsBeforeReportingYearMember" xlink:to="ifrs-full_FourYearsBeforeReportingYearMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImpairmentCharge_lbl1" xml:lang="en-US">Impairment Charge</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImpairmentCharge" xlink:to="bitf_ImpairmentCharge_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IssuanceOfLongtermDebt_lbl1" xml:lang="en-US">Issuance Of Longterm Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IssuanceOfLongtermDebt" xlink:to="bitf_IssuanceOfLongtermDebt_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfAssetRetirementProvisionTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Asset Retirement Provision Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfAssetRetirementProvisionTableTextBlock" xlink:to="bitf_DisclosureOfAssetRetirementProvisionTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl0" xml:lang="en-US">Trade and other current payables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl0" xml:lang="en-US">Disclosure of cash and cash equivalents [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ContributedsurplusMember_lbl0" xml:lang="en-US">Contributedsurplus Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetsHeldForSale_lbl0" xml:lang="en-US">Assets Held For Sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AssetsHeldForSale" xlink:to="bitf_AssetsHeldForSale_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CashFlowReclassificationMember_lbl0" xml:lang="en-US">Cash Flow Reclassification Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CashFlowReclassificationMember" xlink:to="bitf_CashFlowReclassificationMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_EmployeesExercisedStockOption_lbl1" xml:lang="en-US">Employees Exercised Stock Option</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EmployeesExercisedStockOption" xlink:to="bitf_EmployeesExercisedStockOption_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SignificantNonCashTransactionsAbstract_lbl0" xml:lang="en-US">Significant Non Cash Transactions Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SignificantNonCashTransactionsAbstract" xlink:to="bitf_SignificantNonCashTransactionsAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetOfImpairmentCharge_lbl1" xml:lang="en-US">Net Of Impairment Charge</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetOfImpairmentCharge" xlink:to="bitf_NetOfImpairmentCharge_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl0" xml:lang="en-US">Defined benefit obligation, at present value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl1" xml:lang="en-US">Payments of lease liabilities, classified as financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DepreciationRatePropertyPlantAndEquipments_lbl1" xml:lang="en-US">Depreciation Rate Property Plant And Equipments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DepreciationRatePropertyPlantAndEquipments" xlink:to="bitf_DepreciationRatePropertyPlantAndEquipments_lbl1"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl2" xml:lang="en-US">Derivative financial assets</label>
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    <loc xlink:type="locator" xlink:label="bitf_ConsolidatedStatementsOfChangesInEquityAbstract" xlink:href="bitf-20231231.xsd#bitf_ConsolidatedStatementsOfChangesInEquityAbstract"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ValueOfDigitalAssets_lbl1" xml:lang="en-US">Value Of Digital Assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_lbl0" xml:lang="en-US">Current derivative financial assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfMicroBTWhatsminerM20SMinersSold_lbl1" xml:lang="en-US">Number Of Micro BTWhatsminer M20 SMiners Sold</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitcoinPurchasedValue_lbl0" xml:lang="en-US">Bitcoin Purchased Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WarrantsMember_lbl2" xml:lang="en-US">Warrants [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_StatedRatePercentage_lbl1" xml:lang="en-US">Stated Rate Percentage</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TotalROUAssetsMember_lbl0" xml:lang="en-US">Total ROUAssets Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl0" xml:lang="en-US">Disclosure of financial instruments [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfessionalFeesExpense_lbl0" xml:lang="en-US">Professional fees expense</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SuniMineralAssetMember_lbl0" xml:lang="en-US">Suni Mineral Asset Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ForeignCurrencyRisk_lbl1" xml:lang="en-US">Foreign Currency Risk</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NonRefundableDeposit_lbl1" xml:lang="en-US">Non Refundable Deposit</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BlackScholesModelMember_lbl0" xml:lang="en-US">Black Scholes Model Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost_lbl0" xml:lang="en-US">Gain (loss) arising from derecognition of financial assets measured at amortised cost</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RightofuseAssets_lbl0" xml:lang="en-US">Right-of-use assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OtherBitmainAntminersMember_lbl0" xml:lang="en-US">Other Bitmain Antminers Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OtherBitmainAntminersMember" xlink:to="bitf_OtherBitmainAntminersMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_M31SMember_lbl0" xml:lang="en-US">M31 SMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl0" xml:lang="en-US">Risk free interest rate, share options granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl0" xml:lang="en-US">Other property, plant and equipment [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl0" xml:lang="en-US">Purchase of property, plant and equipment, classified as investing activities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetCarryingAmountAndFairValue_lbl1" xml:lang="en-US">Net Carrying Amount And Fair Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WarrantsFebruaryMember_lbl0" xml:lang="en-US">Warrants February Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WashingtonStateCryptocurrencyMiningCGUMember_lbl0" xml:lang="en-US">Washington State Cryptocurrency Mining CGUMember</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfPurchasePriceAndTheNetAssetsAcquiredAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfPurchasePriceAndTheNetAssetsAcquiredAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfPurchasePriceAndTheNetAssetsAcquiredAbstract_lbl" xml:lang="en-US">Schedule Of Purchase Price And The Net Assets Acquired Abstract</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfAcquisitionsOfAssetsTextBlock_lbl0" xml:lang="en-US">Disclosure Of Acquisitions Of Assets Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived_lbl0" xml:lang="en-US">Undiscounted operating lease payments to be received</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsForDebtIssueCosts_lbl0" xml:lang="en-US">Payments for debt issue costs</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfIntangibleAssetsTableTextBlock_lbl0" xml:lang="en-US">Schedule Of Intangible Assets Table Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_Goodwill1_lbl0" xml:lang="en-US">Goodwill1</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfShareBasedPaymentExpenseRelatedToStockOptionsAndRestrictedStockUnitsTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Share Based Payment Expense Related To Stock Options And Restricted Stock Units Table Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GainOnExtinguishmentOfLeaseLiabilities_lbl1" xml:lang="en-US">Gain On Extinguishment Of Lease Liabilities</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfFairValueOfTheConsiderationPaidToTheirRelativeFairValuesAtTheClosingDateOfTheTransactionsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfFairValueOfTheConsiderationPaidToTheirRelativeFairValuesAtTheClosingDateOfTheTransactionsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfFairValueOfTheConsiderationPaidToTheirRelativeFairValuesAtTheClosingDateOfTheTransactionsAbstract_lbl" xml:lang="en-US">Schedule Of Fair Value Of The Consideration Paid To Their Relative Fair Values At The Closing Date Of The Transactions Abstract</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetFinancialincomeExpense_lbl2" xml:lang="en-US">Net Financialincome Expense</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDigitalAssetsExplanatoryTextBlock_lbl1" xml:lang="en-US">Disclosure Of Digital Assets Explanatory Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl0" xml:lang="en-US">Disclosure of intangible assets [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementExplanatory_lbl0" xml:lang="en-US">Disclosure of fair value measurement [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityOfGainLossOnDispositionOfBitcoin_lbl1" xml:lang="en-US">Quantity Of Gain Loss On Disposition Of Bitcoin</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralQuantity_lbl1" xml:lang="en-US">Balance Of Digital Assets Excluding Digital Assets Pledged As Collateral Quantity</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl0" xml:lang="en-US">Disclosure of share-based payment arrangements [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDetailedInformationAboutImpairmentLossExplanatory_lbl1" xml:lang="en-US">Disclosure Of Detailed Information About Impairment Loss Explanatory</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_USDollarsMember_lbl0" xml:lang="en-US">USDollars Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsFromPurchasesBiologicalAssets_lbl0" xml:lang="en-US">Additions from purchases, biological assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ThreeMonthsEndingMarchMember_lbl0" xml:lang="en-US">Three Months Ending March Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfWarrantsOutstandinginShares_lbl1" xml:lang="en-US">Number Of Warrants Outstandingin Shares</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BrokerWarrantsIssued_lbl1" xml:lang="en-US">Broker Warrants Issued</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_RestatementsPolicyTextBlock_lbl1" xml:lang="en-US">Restatements Policy Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfOutstandingShareOptions_lbl1" xml:lang="en-US">Number of share options outstanding in share-based payment arrangement</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfExercisableShareOptionsExercisable_lbl1" xml:lang="en-US">Number Of Exercisable Share Options Exercisable</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuebecIncMember_lbl0" xml:lang="en-US">Quebec Inc Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TwoYearsBeforeReportingYearMember_lbl0" xml:lang="en-US">Two years before reporting year [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PropertyPlantsAndEquipment_lbl1" xml:lang="en-US">Property Plants And Equipment</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetBookValueOfCollateral_lbl1" xml:lang="en-US">Net Book Value Of Collateral</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl0" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsToRightofuseAssets_lbl1" xml:lang="en-US">Additions to right-of-use assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits_lbl1" xml:lang="en-US">Increase Decrease Through Settlement Of Restricted Share Units</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_MeasurementPeriodAdjustmentToBusinessCombination_lbl1" xml:lang="en-US">Measurement Period Adjustment To Business Combination</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement_lbl0" xml:lang="en-US">Number of share options expired in share-based payment arrangement</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetsRetirementProvisions_lbl1" xml:lang="en-US">Assets Retirement Provisions</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl0" xml:lang="en-US">Intangible assets other than goodwill</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TotalMember_lbl0" xml:lang="en-US">Total Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl1" xml:lang="en-US">Trade payables</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LongtermDepositsAndAdvancePaymentsOnEquipmentExplanatory_lbl1" xml:lang="en-US">Longterm Deposits And Advance Payments On Equipment Explanatory</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PresentedAsROUAsset_lbl1" xml:lang="en-US">Presented As ROUAsset</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment_lbl0" xml:lang="en-US">Key management personnel compensation, share-based payment</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromIssuingShares_lbl1" xml:lang="en-US">Proceeds from issuing shares</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContingentLiabilitiesRecognisedInBusinessCombination_lbl1" xml:lang="en-US">Contingent liabilities recognised in business combination</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_lbl0" xml:lang="en-US">Deferred tax expense (income) relating to origination and reversal of temporary differences</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl0" xml:lang="en-US">Disclosure of borrowings [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsOnChangeInFairValueOfDerivatives_lbl0" xml:lang="en-US">Gains on change in fair value of derivatives</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDetailedInformationAboutRightOfUseOfAssets_lbl1" xml:lang="en-US">Disclosure Of Detailed Information About Right Of Use Of Assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_lbl0" xml:lang="en-US">Adjustments for depreciation and amortisation expense</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl0" xml:lang="en-US">Disposals, property, plant and equipment</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ParaguayCryptocurrencyMiningCGUParaguayCGUMember_lbl0" xml:lang="en-US">Paraguay Cryptocurrency Mining CGUParaguay CGUMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OperatingExpense_lbl0" xml:lang="en-US">Operating expense</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl0" xml:lang="en-US">Level 3 of fair value hierarchy [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl1" xml:lang="en-US">Tax expense (income) at applicable tax rate</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl0" xml:lang="en-US">Impairment loss recognised in profit or loss, goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_lbl0" xml:lang="en-US">Disclosure of accrued expenses and other liabilities [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PropertyPlantAndEquipmentNetValue_lbl2" xml:lang="en-US">Property Plant And Equipment Net Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PropertyPlantAndEquipmentNetValue" xlink:to="bitf_PropertyPlantAndEquipmentNetValue_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssueOfEquity_lbl0" xml:lang="en-US">Issue of equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitcoinMember_lbl0" xml:lang="en-US">Bitcoin Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitcoinMember" xlink:to="bitf_BitcoinMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_lbl1" xml:lang="en-US">Property, plant and equipment, revalued assets, at cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:to="ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ProceedsFromCommonShares_lbl1" xml:lang="en-US">Proceeds From Common Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ProceedsFromCommonShares" xlink:to="bitf_ProceedsFromCommonShares_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExercisePriceShareOptionsGranted2019_lbl1" xml:lang="en-US">Exercise price, share options granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExercisePriceShareOptionsGranted2019" xlink:to="ifrs-full_ExercisePriceShareOptionsGranted2019_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDebt_lbl0" xml:lang="en-US">Net debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDebt" xlink:to="ifrs-full_NetDebt_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital_lbl0" xml:lang="en-US">Adjustments to reconcile profit (loss) other than changes in working capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital" xlink:to="ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl0" xml:lang="en-US">Disclosure of accounting judgements and estimates [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:to="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskExplanatory_lbl0" xml:lang="en-US">Disclosure of maturity analysis for financial assets held for managing liquidity risk [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskExplanatory" xlink:to="ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WarrantsMayMember_lbl0" xml:lang="en-US">Warrants May Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantsMayMember" xlink:to="bitf_WarrantsMayMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_lbl1" xml:lang="en-US">Other comprehensive income, net of tax, gains (losses) on revaluation of property, plant and equipment, right-of-use assets and intangible assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_FinancialLiabilitiesAtAmortizedCostAbstract_lbl0" xml:lang="en-US">Financial Liabilities At Amortized Cost Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FinancialLiabilitiesAtAmortizedCostAbstract" xlink:to="bitf_FinancialLiabilitiesAtAmortizedCostAbstract_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfGeneralAndAdministrativeExpensesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfGeneralAndAdministrativeExpensesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfGeneralAndAdministrativeExpensesAbstract_lbl" xml:lang="en-US">Schedule Of General And Administrative Expenses Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfGeneralAndAdministrativeExpensesAbstract" xlink:to="bitf_ScheduleOfGeneralAndAdministrativeExpensesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfConsolidatedStatementsOfFinancialPositionAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfConsolidatedStatementsOfFinancialPositionAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfConsolidatedStatementsOfFinancialPositionAbstract_lbl" xml:lang="en-US">Schedule Of Consolidated Statements Of Financial Position Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfConsolidatedStatementsOfFinancialPositionAbstract" xlink:to="bitf_ScheduleOfConsolidatedStatementsOfFinancialPositionAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfWarrantsExercised_lbl1" xml:lang="en-US">Number Of Warrants Exercised</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsExercised" xlink:to="bitf_NumberOfWarrantsExercised_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OptionsIssuedToExercisableExercisedPeriod_lbl1" xml:lang="en-US">Options Issued To Exercisable Exercised Period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OptionsIssuedToExercisableExercisedPeriod" xlink:to="bitf_OptionsIssuedToExercisableExercisedPeriod_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentCarryingAmountOfAssetsRetiredFromActiveUse_lbl0" xml:lang="en-US">Property, plant and equipment, assets retired from active use and not classified as held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentCarryingAmountOfAssetsRetiredFromActiveUse" xlink:to="ifrs-full_PropertyPlantAndEquipmentCarryingAmountOfAssetsRetiredFromActiveUse_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PercenatageofSecurities_lbl1" xml:lang="en-US">Percenatageof Securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PercenatageofSecurities" xlink:to="bitf_PercenatageofSecurities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AllowanceForECLMember_lbl0" xml:lang="en-US">Allowance For ECLMember</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AllowanceForECLMember" xlink:to="bitf_AllowanceForECLMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities_lbl0" xml:lang="en-US">Gains (losses) recognised in other comprehensive income including exchange differences, fair value measurement, liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:to="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfOutstandingShareRSU_lbl2" xml:lang="en-US">Number Of Outstanding Share RSU</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfOutstandingShareRSU" xlink:to="bitf_NumberOfOutstandingShareRSU_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DepositAmount_lbl1" xml:lang="en-US">Deposit Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DepositAmount" xlink:to="bitf_DepositAmount_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfSignificantSubsidiariesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfSignificantSubsidiariesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfSignificantSubsidiariesAbstract_lbl" xml:lang="en-US">Schedule Of Significant Subsidiaries Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfSignificantSubsidiariesAbstract" xlink:to="bitf_ScheduleOfSignificantSubsidiariesAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_lbl0" xml:lang="en-US">Useful life measured as period of time, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationMethodPropertyPlantAndEquipment_lbl0" xml:lang="en-US">Depreciation method, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationMethodPropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationMethodPropertyPlantAndEquipment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitmainS19jProMinersMember_lbl1" xml:lang="en-US">Bitmain S19j Pro Miners Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BitmainS19jProMinersMember" xlink:to="bitf_BitmainS19jProMinersMember_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfImpairmentLossReversalInTheComprehensiveProfitOrLossAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfImpairmentLossReversalInTheComprehensiveProfitOrLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfImpairmentLossReversalInTheComprehensiveProfitOrLossAbstract_lbl" xml:lang="en-US">Schedule Of Impairment Loss Reversal In The Comprehensive Profit Or Loss Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfImpairmentLossReversalInTheComprehensiveProfitOrLossAbstract" xlink:to="bitf_ScheduleOfImpairmentLossReversalInTheComprehensiveProfitOrLossAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForInterestIncome_lbl0" xml:lang="en-US">Adjustments for interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForInterestIncome" xlink:to="ifrs-full_AdjustmentsForInterestIncome_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits_lbl1" xml:lang="en-US">Increase Decrease In Number Of Shares Settlement Of Restricted Share Units</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits" xlink:to="bitf_IncreaseDecreaseInNumberOfSharesSettlementOfRestrictedShareUnits_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl0" xml:lang="en-US">Disclosure of basis of preparation of financial statements [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:to="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_lbl0" xml:lang="en-US">Deferred tax liability (asset)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OptionsToConvertDebt_lbl0" xml:lang="en-US">Options To Convert Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OptionsToConvertDebt" xlink:to="bitf_OptionsToConvertDebt_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAbstract_lbl0" xml:lang="en-US">Equity [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PaymentsOfLeaseLiability_lbl1" xml:lang="en-US">Payments Of Lease Liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_PaymentsOfLeaseLiability" xlink:to="bitf_PaymentsOfLeaseLiability_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfNetFinancialIncomeExpensesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfNetFinancialIncomeExpensesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfNetFinancialIncomeExpensesAbstract_lbl" xml:lang="en-US">Schedule Of Net Financial Income Expenses Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfNetFinancialIncomeExpensesAbstract" xlink:to="bitf_ScheduleOfNetFinancialIncomeExpensesAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl0" xml:lang="en-US">Financial assets, at fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Equipment Financing And Balance Of The Loans And The Net Book Value NBVTable Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock" xlink:to="bitf_DisclosureOfEquipmentFinancingAndBalanceOfTheLoansAndTheNetBookValueNBVTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl0" xml:lang="en-US">Disclosure of property, plant and equipment [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_EffectiveTaxRateMember_lbl0" xml:lang="en-US">Effective Tax Rate Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EffectiveTaxRateMember" xlink:to="bitf_EffectiveTaxRateMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfMovementOfMinersHeldForSaleAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfMovementOfMinersHeldForSaleAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfMovementOfMinersHeldForSaleAbstract_lbl" xml:lang="en-US">Schedule Of Movement Of Miners Held For Sale Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfMovementOfMinersHeldForSaleAbstract" xlink:to="bitf_ScheduleOfMovementOfMinersHeldForSaleAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities_lbl0" xml:lang="en-US">Proceeds from sales of intangible assets, classified as investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxEffectOfForeignTaxRates_lbl0" xml:lang="en-US">Tax effect of foreign tax rates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxEffectOfForeignTaxRates" xlink:to="ifrs-full_TaxEffectOfForeignTaxRates_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities_lbl1" xml:lang="en-US">Gain On Extinguishment Of Longterm Debt And Lease Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities" xlink:to="bitf_GainOnExtinguishmentOfLongtermDebtAndLeaseLiabilities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesAbstract_lbl0" xml:lang="en-US">Liabilities [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_CAD_lbl0" xml:lang="en-US">Canada, Dollars</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityOfBitcoinPurchased_lbl0" xml:lang="en-US">Quantity Of Bitcoin Purchased</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnBorrowings_lbl0" xml:lang="en-US">Interest expense on borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnBorrowings" xlink:to="ifrs-full_InterestExpenseOnBorrowings_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions_lbl1" xml:lang="en-US">Weighted Average Remaining Contractual Life Of Outstanding Share Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions" xlink:to="bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl0" xml:lang="en-US">Repayments of non-current borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_EffectiveTaxRatePercentage_lbl1" xml:lang="en-US">Effective Tax Rate Percentage</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_InnosiliconT3T2TOneMember_lbl0" xml:lang="en-US">Innosilicon T3 T2 TOne Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_InnosiliconT3T2TOneMember" xlink:to="bitf_InnosiliconT3T2TOneMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ReservesAndOtherMember_lbl0" xml:lang="en-US">Reserves And Other Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ReservesAndOtherMember" xlink:to="bitf_ReservesAndOtherMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_Dispositions_lbl1" xml:lang="en-US">Dispositions</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl1" xml:lang="en-US">Derivative financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfWarrantsOutstandingEnding_lbl1" xml:lang="en-US">Number Of Warrants Outstanding Ending</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchasesFairValueMeasurementAssets_lbl0" xml:lang="en-US">Purchases, fair value measurement, assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesFairValueMeasurementAssets" xlink:to="ifrs-full_PurchasesFairValueMeasurementAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfGeographicalAreasExplanatory_lbl0" xml:lang="en-US">Disclosure of geographical areas [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:to="ifrs-full_DisclosureOfGeographicalAreasExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DigitalAssetsPledgedAsCollateral_lbl1" xml:lang="en-US">Digital Assets Pledged As Collateral</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdjustmentsForAbstract0_lbl0" xml:lang="en-US">Adjustments For Abstract0</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SalariesAndShareBasedPayment_lbl1" xml:lang="en-US">Salaries And Share Based Payment</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl1" xml:lang="en-US">Weighted average remaining contractual life of outstanding share options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:to="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BalanceOfDigitalAssetsExcludingDigitalAssetsPledgedAsCollateralValue_lbl1" xml:lang="en-US">Balance Of Digital Assets Excluding Digital Assets Pledged As Collateral Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AccumulatedAmortization_lbl2" xml:lang="en-US">Accumulated Amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccumulatedAmortization" xlink:to="bitf_AccumulatedAmortization_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OrdinarySharesMember_lbl1" xml:lang="en-US">Ordinary shares [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OrdinarySharesMember" xlink:to="ifrs-full_OrdinarySharesMember_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LeaseLiabilities_lbl1" xml:lang="en-US">Lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionalNonRefundableDeposit_lbl1" xml:lang="en-US">Additional Non Refundable Deposit</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WarrantLifeyears_lbl0" xml:lang="en-US">Warrant Lifeyears</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfCancelledInSharebasedPaymentsArrangement_lbl1" xml:lang="en-US">Number Of Cancelled In Sharebased Payments Arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfCancelledInSharebasedPaymentsArrangement" xlink:to="bitf_NumberOfCancelledInSharebasedPaymentsArrangement_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock_lbl1" xml:lang="en-US">Disclosure Of Geographical Areas Revenues Tabel Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock" xlink:to="bitf_DisclosureOfGeographicalAreasRevenuesTabelTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherAssets_lbl0" xml:lang="en-US">Other assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAssets" xlink:to="ifrs-full_OtherAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCurrentAssets_lbl0" xml:lang="en-US">Other current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentAssets" xlink:to="ifrs-full_OtherCurrentAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfWarrantsOutstandingBeginning_lbl1" xml:lang="en-US">Number Of Warrants Outstanding Beginning</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantsOutstandingBeginning" xlink:to="bitf_NumberOfWarrantsOutstandingBeginning_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeaseActivity_lbl0" xml:lang="en-US">Lease Activity</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCreditRiskExposureExplanatory_lbl0" xml:lang="en-US">Disclosure of credit risk exposure [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:to="ifrs-full_DisclosureOfCreditRiskExposureExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TotalHoldingFunds_lbl1" xml:lang="en-US">Total Holding Funds</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiningPropertyMember_lbl0" xml:lang="en-US">Mining property [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiningPropertyMember" xlink:to="ifrs-full_MiningPropertyMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CommonSharesProceeds_lbl0" xml:lang="en-US">Common Shares Proceeds</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_lbl0" xml:lang="en-US">Disclosure of fair value measurement of assets [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_KeyManagementPersonnelCompensation_lbl0" xml:lang="en-US">Key management personnel compensation</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DirectorsRemunerationExpense_lbl0" xml:lang="en-US">Directors&apos; remuneration expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DirectorsRemunerationExpense" xlink:to="ifrs-full_DirectorsRemunerationExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PurchasePriceAbstract0_lbl0" xml:lang="en-US">Purchase Price Abstract0</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayables_lbl0" xml:lang="en-US">Trade and other payables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayables" xlink:to="ifrs-full_TradeAndOtherPayables_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WeightedAverageExercisePriceShareOptions_lbl2" xml:lang="en-US">Weighted Average Exercise Price Share Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageExercisePriceShareOptions" xlink:to="bitf_WeightedAverageExercisePriceShareOptions_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl0" xml:lang="en-US">Trade and other current receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl0" xml:lang="en-US">Level 1 of fair value hierarchy [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl0" xml:lang="en-US">Purchase of financial instruments, classified as investing activities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OperatingExpenseAbstract_lbl0" xml:lang="en-US">Operating Expense Abstract</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfDeferredTaxAssetTableTextBlock_lbl0" xml:lang="en-US">Schedule Of Deferred Tax Asset Table Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ThirtyOneToSixtyDaysMember_lbl0" xml:lang="en-US">Thirty One To Sixty Days Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_lbl0" xml:lang="en-US">Current liabilities [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetProceed_lbl1" xml:lang="en-US">Net Proceed</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl0" xml:lang="en-US">Disclosure of earnings per share [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EmployeeBenefitsExpense_lbl0" xml:lang="en-US">Employee benefits expense</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OfficeEquipment_lbl0" xml:lang="en-US">Office equipment</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CADHeldInTrustMember_lbl0" xml:lang="en-US">CADHeld In Trust Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DeferredTaxExpenseRecoveryAbstract_lbl0" xml:lang="en-US">Deferred Tax Expense Recovery Abstract</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherReceivables_lbl0" xml:lang="en-US">Trade and other receivables</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CostAbstract2_lbl0" xml:lang="en-US">Cost Abstract2</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxAssets_lbl0" xml:lang="en-US">Deferred tax assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CostAbstract1_lbl0" xml:lang="en-US">Cost Abstract1</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl0" xml:lang="en-US">Foreign exchange gain (loss)</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CostAbstract0_lbl0" xml:lang="en-US">Cost Abstract0</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IssuanceOfWarrantsGranted_lbl1" xml:lang="en-US">Issuance Of Warrants Granted</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ArgentinePesosMember_lbl0" xml:lang="en-US">Argentine Pesos Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ArgentinePesosMember" xlink:to="bitf_ArgentinePesosMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_lbl0" xml:lang="en-US">Purchase of other long-term assets, classified as investing activities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForFinanceIncomeCost_lbl0" xml:lang="en-US">Adjustments for finance income (cost)</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CurrencyIncreaseDecreasePercentage_lbl1" xml:lang="en-US">Currency Increase Decrease Percentage</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForFinanceCosts_lbl0" xml:lang="en-US">Adjustments for finance costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForFinanceCosts" xlink:to="ifrs-full_AdjustmentsForFinanceCosts_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WeightedAverageSettledWeightedAverageGrantPrice_lbl1" xml:lang="en-US">Weighted Average Settled Weighted Average Grant Price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageSettledWeightedAverageGrantPrice" xlink:to="bitf_WeightedAverageSettledWeightedAverageGrantPrice_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareIssueRelatedCost_lbl0" xml:lang="en-US">Share issue related cost</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_US_lbl1" xml:lang="en-US">UNITED STATES</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AccumulatedAmortizationAbstract0_lbl0" xml:lang="en-US">Accumulated Amortization Abstract0</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OrionConstellationTechnologiesIncMember_lbl0" xml:lang="en-US">Orion Constellation Technologies Inc Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax_lbl1" xml:lang="en-US">Change In Revaluation Surplus Digital Assets Net Of Tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax" xlink:to="bitf_ChangeInRevaluationSurplusDigitalAssetsNetOfTax_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SalesFairValueMeasurementAssets_lbl0" xml:lang="en-US">Sales, fair value measurement, assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ValueImpairmenttAmount_lbl1" xml:lang="en-US">Value Impairmentt Amount</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OneToThirtyDaysMember_lbl0" xml:lang="en-US">One To Thirty Days Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OneToThirtyDaysMember" xlink:to="bitf_OneToThirtyDaysMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Foreign Currency Risk Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock" xlink:to="bitf_DisclosureOfForeignCurrencyRiskTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_YearThreeMember_lbl0" xml:lang="en-US">Year Three Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfEffectiveTaxRateTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Effective Tax Rate Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfEffectiveTaxRateTableTextBlock" xlink:to="bitf_DisclosureOfEffectiveTaxRateTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetProceedsGain_lbl1" xml:lang="en-US">Net Proceeds Gain</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OtherTransactionCosts_lbl1" xml:lang="en-US">Other Transaction Costs</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdjustmentsForProceedsFromSaleOfDigitalAssetsEarned_lbl1" xml:lang="en-US">Adjustments For Proceeds From Sale Of Digital Assets Earned</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ConversionOfDebtIntoCommonShares_lbl1" xml:lang="en-US">Conversion Of Debt Into Common Shares</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlock_lbl0" xml:lang="en-US">Disclosure Of Derivative Assets And Liabilitiestext Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlock" xlink:to="bitf_DisclosureOfDerivativeAssetsAndLiabilitiestextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetRetirementProvisionDisclosureTextBlock_lbl1" xml:lang="en-US">Asset Retirement Provision Disclosure Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl2" xml:lang="en-US">Cash flows from (used in) operating activities [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_lbl1" xml:lang="en-US">Weighted average exercise price of share options granted in share-based payment arrangement</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDetailedInformationAboutIConsolidatedStatementsOfFinancialPositionTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Detailed Information About IConsolidated Statements Of Financial Position Table Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_lbl0" xml:lang="en-US">Key management personnel compensation, post-employment benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:to="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TransactionCosts_lbl0" xml:lang="en-US">Transaction Costs</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ValueAdditionss_lbl1" xml:lang="en-US">Value Additionss</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinanceLeaseReceivables_lbl0" xml:lang="en-US">Current finance lease receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinanceLeaseReceivables" xlink:to="ifrs-full_CurrentFinanceLeaseReceivables_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfCompanySRemainingPaymentObligationsInConnectionAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfCompanySRemainingPaymentObligationsInConnectionAbstract"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory_lbl0" xml:lang="en-US">Disclosure of financial assets held for trading [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IncreaseDecreaseThroughDeferredTaxExpenseRelatedToEquityIssuanceCosts_lbl1" xml:lang="en-US">Increase Decrease Through Deferred Tax Expense Related To Equity Issuance Costs</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImpairmentLossOnFinancialAsset_lbl1" xml:lang="en-US">Impairment Loss On Financial Asset</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ForeignExchange_lbl1" xml:lang="en-US">Foreign Exchange</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfAssetsAndLiabilitiesMeasuredAtFairValueAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfAssetsAndLiabilitiesMeasuredAtFairValueAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfAssetsAndLiabilitiesMeasuredAtFairValueAbstract_lbl" xml:lang="en-US">Schedule Of Assets And Liabilities Measured At Fair Value Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfAssetsAndLiabilitiesMeasuredAtFairValueAbstract" xlink:to="bitf_ScheduleOfAssetsAndLiabilitiesMeasuredAtFairValueAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_VillarricaPasoPeParaguayMember_lbl0" xml:lang="en-US">Villarrica Paso Pe Paraguay Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_RetirementProvisionAxis_lbl0" xml:lang="en-US">Retirement Provision Axis</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdjustmentsForLossesGainsRealizedOnDispositionOfDigitalAssets_lbl1" xml:lang="en-US">Adjustments For Losses Gains Realized On Disposition Of Digital Assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl0" xml:lang="en-US">Key management personnel compensation, short-term employee benefits</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InsuranceRevenueOtherAmounts_lbl0" xml:lang="en-US">Insurance revenue, other amounts</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ShorttermPrepaidDeposits_lbl1" xml:lang="en-US">Shortterm Prepaid Deposits</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl0" xml:lang="en-US">Cash flows from (used in) financing activities [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_lbl0" xml:lang="en-US">Number of share options exercised in share-based payment arrangement</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_MarketEquityProgramMember_lbl0" xml:lang="en-US">Market Equity Program Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitmainS19jProMember_lbl0" xml:lang="en-US">Bitmain S19j Pro Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory_lbl0" xml:lang="en-US">Disclosure of objectives, policies and processes for managing capital [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionalMiners_lbl1" xml:lang="en-US">Additional Miners</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PercentageOfAnnualDiscountRates_lbl1" xml:lang="en-US">Percentage Of Annual Discount Rates</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_T2TMinersMember_lbl0" xml:lang="en-US">T2 TMiners Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl0" xml:lang="en-US">Gross carrying amount [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019_lbl0" xml:lang="en-US">Weighted average share price, share options granted</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl0" xml:lang="en-US">Increase (decrease) through transfers, property, plant and equipment</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationAndAmortisationExpense_lbl0" xml:lang="en-US">Depreciation and amortisation expense</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_lbl0" xml:lang="en-US">Disclosure of classes of share capital [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReversalOfImpairmentLoss_lbl0" xml:lang="en-US">Reversal of impairment loss</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BottomOfRangeMember_lbl2" xml:lang="en-US">Bottom of range [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentInventoriesHeldForSale_lbl0" xml:lang="en-US">Current inventories held for sale</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Detailed Information About Other Current Assets Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutOtherCurrentAssetsTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodNetOfForfeitures_lbl1" xml:lang="en-US">Sharebased Compensation Arrangement By Sharebased Payment Award Options Grants In Period Net Of Forfeitures</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDeferredTaxLiabilities_lbl1" xml:lang="en-US">Net deferred tax liabilities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl0" xml:lang="en-US">Adjustments to reconcile profit (loss) [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GeographicalInformationLineItems_lbl0" xml:lang="en-US">Geographical Information Line Items</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_lbl0" xml:lang="en-US">Disclosure of subsidiaries [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfCurrentAndDeferredIncomeTaxExpenseRecoveryTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Current And Deferred Income Tax Expense Recovery Table Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl1" xml:lang="en-US">Cash flows from (used in) operating activities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TradePayablesAndAccruedLiabilitiesAbstract_lbl0" xml:lang="en-US">Trade Payables And Accrued Liabilities Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TradePayablesAndAccruedLiabilitiesAbstract" xlink:to="bitf_TradePayablesAndAccruedLiabilitiesAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ReportingEntityBasisOfPresentationAndLiquiditytextBlock_lbl0" xml:lang="en-US">Reporting Entity Basis Of Presentation And Liquiditytext Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncome_lbl1" xml:lang="en-US">Comprehensive income</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl1" xml:lang="en-US">Liabilities arising from financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_Payments_lbl1" xml:lang="en-US">Payments</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureCompensationOfKeyManagementAndDirectorsTableTextBlock_lbl1" xml:lang="en-US">Disclosure Compensation Of Key Management And Directors Table Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl1" xml:lang="en-US">Interest expense on lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_YguazuMember_lbl0" xml:lang="en-US">Yguazu Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OtherComprehensiveIncomeLossAbstract_lbl0" xml:lang="en-US">Other Comprehensive Income Loss Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_OtherComprehensiveIncomeLossAbstract" xlink:to="bitf_OtherComprehensiveIncomeLossAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ArgentinaCryptocurrencyMiningCGUArgentinaCGUMember_lbl0" xml:lang="en-US">Argentina Cryptocurrency Mining CGUArgentina CGUMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherFinanceIncome_lbl0" xml:lang="en-US">Other finance income</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CurrentShorttermPrepaidDeposits_lbl1" xml:lang="en-US">Current Shortterm Prepaid Deposits</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfWarrantGrantedexercised_lbl1" xml:lang="en-US">Number Of Warrant Grantedexercised</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfWarrantGrantedexercised" xlink:to="bitf_NumberOfWarrantGrantedexercised_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfMiners_lbl1" xml:lang="en-US">Number Of Miners</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ValueBalance_lbl2" xml:lang="en-US">Value Balance</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GainOnDispositionOfMarketableSecurities_lbl1" xml:lang="en-US">Gain On Disposition Of Marketable Securities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AnkaraSuitesSAMember_lbl0" xml:lang="en-US">Ankara Suites SAMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfWarrantsExpired_lbl1" xml:lang="en-US">Number Of Warrants Expired</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OtherTransactionFees_lbl1" xml:lang="en-US">Other Transaction Fees</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BVVEAndElectricalComponentsMember_lbl1" xml:lang="en-US">BVVEAnd Electrical Components Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_lbl0" xml:lang="en-US">Expense from equity-settled share-based payment transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LossgainOnRevaluationOfWarrants_lbl1" xml:lang="en-US">Lossgain On Revaluation Of Warrants</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_depositsWereReversed_lbl1" xml:lang="en-US">deposits Were Reversed</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionsCost_lbl1" xml:lang="en-US">Additions Cost</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfRevenuesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfRevenuesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfRevenuesAbstract_lbl" xml:lang="en-US">Schedule Of Revenues Abstract</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfAdditionalDetailsToTheStatementsOfCashFlowsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfAdditionalDetailsToTheStatementsOfCashFlowsAbstract"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DefferedTaxExpenseIncomeAndAdjustmentsForDefferedTaxOfPriorPeriods_lbl1" xml:lang="en-US">Deffered Tax Expense Income And Adjustments For Deffered Tax Of Prior Periods</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TradeReceivableInTerms_lbl1" xml:lang="en-US">Trade Receivable In Terms</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeaseAgreementInitialTerm_lbl1" xml:lang="en-US">Lease Agreement Initial Term</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl0" xml:lang="en-US">Adjustments for share-based payments</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxEffectOfImpairmentOfGoodwill_lbl0" xml:lang="en-US">Tax effect of impairment of goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxEffectOfImpairmentOfGoodwill" xlink:to="ifrs-full_TaxEffectOfImpairmentOfGoodwill_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl0" xml:lang="en-US">Cash flows from (used in) financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfCurrentAndDeferredIncomeTaxExpenseRecoveryAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfCurrentAndDeferredIncomeTaxExpenseRecoveryAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfCurrentAndDeferredIncomeTaxExpenseRecoveryAbstract_lbl" xml:lang="en-US">Schedule Of Current And Deferred Income Tax Expense Recovery Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfCurrentAndDeferredIncomeTaxExpenseRecoveryAbstract" xlink:to="bitf_ScheduleOfCurrentAndDeferredIncomeTaxExpenseRecoveryAbstract_lbl"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossAbstract"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WashingtonCGUMember_lbl0" xml:lang="en-US">Washington CGUMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitmainS19XPMember_lbl0" xml:lang="en-US">Bitmain S19 XPMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdditionalVestGrantPercentage_lbl1" xml:lang="en-US">Additional Vest Grant Percentage</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NondeductibleExpensesAndOtherPercentage_lbl1" xml:lang="en-US">Nondeductible Expenses And Other Percentage</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DescriptionOfAmortizationPeriod_lbl0" xml:lang="en-US">Description Of Amortization Period</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentAssets_lbl0" xml:lang="en-US">Estimated financial effect of contingent assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EstimatedFinancialEffectOfContingentAssets" xlink:to="ifrs-full_EstimatedFinancialEffectOfContingentAssets_lbl0"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeaseLiabilityConvertedToLongtermDebt_lbl0" xml:lang="en-US">Lease Liability Converted To Longterm Debt</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_VillarricaMember_lbl0" xml:lang="en-US">Villarrica Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnDebtInstrumentsIssued_lbl0" xml:lang="en-US">Interest expense on debt instruments issued</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_FinancialLiabilitiesAtFairValueThroughProfitAndLossAbstract_lbl0" xml:lang="en-US">Financial Liabilities At Fair Value Through Profit And Loss Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_FinancialLiabilitiesAtFairValueThroughProfitAndLossAbstract" xlink:to="bitf_FinancialLiabilitiesAtFairValueThroughProfitAndLossAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BrokerWarrantStrikePriceUSDinDollarsPerShare_lbl0" xml:lang="en-US">Broker Warrant Strike Price USDin Dollars Per Share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantStrikePriceUSDinDollarsPerShare" xlink:to="bitf_BrokerWarrantStrikePriceUSDinDollarsPerShare_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_FavorableLeaseMember_lbl0" xml:lang="en-US">Favorable Lease Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_lbl0" xml:lang="en-US">Cash flows from (used in) operations before changes in working capital</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl0" xml:lang="en-US">Financial assets at fair value through other comprehensive income</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceCosts_lbl0" xml:lang="en-US">Finance costs</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NintyOneDaysMember_lbl0" xml:lang="en-US">Ninty One Days Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl1" xml:lang="en-US">Profit (loss) from operating activities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ArgentinaCGUMember_lbl0" xml:lang="en-US">Argentina CGUMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BrokerWarrantsFebruaryMember_lbl0" xml:lang="en-US">Broker Warrants February Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RefundsProvision_lbl0" xml:lang="en-US">Refunds provision</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetAssetsAcquiredAbstract_lbl0" xml:lang="en-US">Net Assets Acquired Abstract</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl0" xml:lang="en-US">Adjustments for gain (loss) on disposals, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_RemainingPaymentsObligation_lbl1" xml:lang="en-US">Remaining Payments Obligation</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Revenue_lbl0" xml:lang="en-US">Revenue</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AdjustmentsForReversalOfRevaluationLossOnDigitalAssets_lbl1" xml:lang="en-US">Adjustments For Reversal Of Revaluation Loss On Digital Assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WarrantStrikePriceUSDinDollarsPerShare_lbl0" xml:lang="en-US">Warrant Strike Price USDin Dollars Per Share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WarrantStrikePriceUSDinDollarsPerShare" xlink:to="bitf_WarrantStrikePriceUSDinDollarsPerShare_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OverallPaymentsPaid_lbl1" xml:lang="en-US">Overall Payments Paid</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ImmersionCoolingEquipmentMember_lbl0" xml:lang="en-US">Immersion Cooling Equipment Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ImmersionCoolingEquipmentMember" xlink:to="bitf_ImmersionCoolingEquipmentMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_Commitments_lbl0" xml:lang="en-US">Commitments</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossProfit_lbl0" xml:lang="en-US">Gross profit</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitcoinExchangedForCashAndServices_lbl1" xml:lang="en-US">Bitcoin Exchanged For Cash And Services</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DescriptionOfAccountingPolicyForBasisOfPresentationOfFinancialStatementsExplanatory_lbl1" xml:lang="en-US">Description Of Accounting Policy For Basis Of Presentation Of Financial Statements Explanatory</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl1" xml:lang="en-US">Cash flows from (used in) investing activities [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeaseAgreementsAmount_lbl1" xml:lang="en-US">Lease Agreements Amount</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ChangesInWorkingCapitalComponentsAbstract_lbl0" xml:lang="en-US">Changes In Working Capital Components Abstract</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_lbl1" xml:lang="en-US">Non-current lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BackboneHostingSolutionsSAUMember_lbl0" xml:lang="en-US">Backbone Hosting Solutions SAUMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_lbl0" xml:lang="en-US">Current accrued expenses and other current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:to="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GeographicalInformationTablesLineItems_lbl0" xml:lang="en-US">Geographical Information Tables Line Items</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LossPerShareAbstract_lbl0" xml:lang="en-US">Loss Per Share Abstract</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PrivatePlacementsMember_lbl0" xml:lang="en-US">Private Placements Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_PurchasePriceTotal_lbl0" xml:lang="en-US">Purchase Price Total</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory_lbl0" xml:lang="en-US">Disclosure of leases [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OperatingLossesCarriedForwardMember_lbl0" xml:lang="en-US">Operating Losses Carried Forward Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ValueDispositions_lbl1" xml:lang="en-US">Value Dispositions</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NewAccountingAmendmentsIssuedAndAdoptedByTheCompanypolicyTextBlock_lbl1" xml:lang="en-US">New Accounting Amendments Issued And Adopted By The Companypolicy Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CustomDuties_lbl1" xml:lang="en-US">Custom Duties</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Cash_lbl0" xml:lang="en-US">Cash</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl0" xml:lang="en-US">Adjustments for increase (decrease) in trade and other payables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDetailedInformationAboutDepreciationMethodExplanatory_lbl1" xml:lang="en-US">Disclosure Of Detailed Information About Depreciation Method Explanatory</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9_lbl0" xml:lang="en-US">Impairment loss (impairment gain and reversal of impairment loss) determined in accordance with IFRS 9</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherFinancialLiabilities_lbl0" xml:lang="en-US">Other financial liabilities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BuildingsMember_lbl1" xml:lang="en-US">Buildings [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_FairValueOfWarrantsUSD_lbl0" xml:lang="en-US">Fair Value Of Warrants USD</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfAssetsHeldForSaleAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfAssetsHeldForSaleAbstract"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentGrossCarryingAmountFullyDepreciated_lbl0" xml:lang="en-US">Property, plant and equipment, gross carrying amount of fully depreciated assets still in use</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevaluationSurplusMember" xlink:to="ifrs-full_RevaluationSurplusMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfNatureOfFinancialStatements_lbl0" xml:lang="en-US">Description of nature of financial statements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureOfFinancialStatements" xlink:to="ifrs-full_DescriptionOfNatureOfFinancialStatements_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CostRevenue_lbl1" xml:lang="en-US">Cost Revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CostRevenue" xlink:to="bitf_CostRevenue_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfFinancialStatementsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfFinancialStatementsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfFinancialStatementsAbstract_lbl" xml:lang="en-US">Schedule Of Financial Statements Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfFinancialStatementsAbstract" xlink:to="bitf_ScheduleOfFinancialStatementsAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ParaguayCGUMember_lbl0" xml:lang="en-US">Paraguay CGUMember</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ParaguayCGUMember" xlink:to="bitf_ParaguayCGUMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_lbl0" xml:lang="en-US">Adjustments for increase (decrease) in other operating payables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTradeReceivables_lbl0" xml:lang="en-US">Current trade receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTradeReceivables" xlink:to="ifrs-full_CurrentTradeReceivables_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuedCapitalOrdinaryShares_lbl0" xml:lang="en-US">Issued capital, ordinary shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapitalOrdinaryShares" xlink:to="ifrs-full_IssuedCapitalOrdinaryShares_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_lbl0" xml:lang="en-US">General and administrative expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_StatutoryRate_lbl0" xml:lang="en-US">Statutory Rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_StatutoryRate" xlink:to="bitf_StatutoryRate_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationRatePropertyPlantAndEquipment_lbl1" xml:lang="en-US">Depreciation rate, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRatePropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationRatePropertyPlantAndEquipment_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CurrentTaxExpenseRecoveryAbstract_lbl0" xml:lang="en-US">Current Tax Expense Recovery Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CurrentTaxExpenseRecoveryAbstract" xlink:to="bitf_CurrentTaxExpenseRecoveryAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LeaseLiabilityMember_lbl0" xml:lang="en-US">Lease Liability Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LeaseLiabilityMember" xlink:to="bitf_LeaseLiabilityMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_VoltaMember_lbl0" xml:lang="en-US">Volta Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_VoltaMember" xlink:to="bitf_VoltaMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ExpectedLifeOfWarrantsyears_lbl0" xml:lang="en-US">Expected Life Of Warrantsyears</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ExpectedLifeOfWarrantsyears" xlink:to="bitf_ExpectedLifeOfWarrantsyears_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityDispositions_lbl1" xml:lang="en-US">Quantity Dispositions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityDispositions" xlink:to="bitf_QuantityDispositions_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfQuantityAndModelsOfBTCBVVETableTextBlock_lbl0" xml:lang="en-US">Disclosure Of Quantity And Models Of BTCBVVETable Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfQuantityAndModelsOfBTCBVVETableTextBlock" xlink:to="bitf_DisclosureOfQuantityAndModelsOfBTCBVVETableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAndLiabilities_lbl0" xml:lang="en-US">Equity and liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ShortTermDepositsMember_lbl0" xml:lang="en-US">Short Term Deposits Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ShortTermDepositsMember" xlink:to="bitf_ShortTermDepositsMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfFinancialStatementsTableTextBlock_lbl0" xml:lang="en-US">Schedule Of Financial Statements Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfFinancialStatementsTableTextBlock" xlink:to="bitf_ScheduleOfFinancialStatementsTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LongtermDebtBalance_lbl1" xml:lang="en-US">Longterm Debt Balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LongtermDebtBalance" xlink:to="bitf_LongtermDebtBalance_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_WeightedAverageCancelledShareOptions_lbl1" xml:lang="en-US">Weighted Average Cancelled Share Options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_WeightedAverageCancelledShareOptions" xlink:to="bitf_WeightedAverageCancelledShareOptions_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OneYearBeforeReportingYearMember_lbl0" xml:lang="en-US">One year before reporting year [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OneYearBeforeReportingYearMember" xlink:to="ifrs-full_OneYearBeforeReportingYearMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilities_lbl0" xml:lang="en-US">Current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BrokerWarrantsJanuaryOneMember_lbl0" xml:lang="en-US">Broker Warrants January One Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantsJanuaryOneMember" xlink:to="bitf_BrokerWarrantsJanuaryOneMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BrokerageFeeExpense_lbl0" xml:lang="en-US">Brokerage fee expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BrokerageFeeExpense" xlink:to="ifrs-full_BrokerageFeeExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TotalOfAssetsHeldForSale_lbl1" xml:lang="en-US">Total Of Assets Held For Sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalOfAssetsHeldForSale" xlink:to="bitf_TotalOfAssetsHeldForSale_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_TotalGeneralAndAdministrationExpense_lbl0" xml:lang="en-US">Total General And Administration Expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_TotalGeneralAndAdministrationExpense" xlink:to="bitf_TotalGeneralAndAdministrationExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods_lbl0" xml:lang="en-US">Adjustments for deferred tax of prior periods</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:to="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods_lbl0"/>
    <loc xlink:type="locator" xlink:label="ifrs-full_StatementOfCashFlowsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_StatementOfCashFlowsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US">Statement of cash flows [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpense_lbl0" xml:lang="en-US">Interest expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpense" xlink:to="ifrs-full_InterestExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl0" xml:lang="en-US">Property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfBalancesWithRelatedPartiesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfBalancesWithRelatedPartiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfBalancesWithRelatedPartiesAbstract_lbl" xml:lang="en-US">Schedule Of Balances With Related Parties Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfBalancesWithRelatedPartiesAbstract" xlink:to="bitf_ScheduleOfBalancesWithRelatedPartiesAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SellingGeneralAndAdministrativeExpense_lbl0" xml:lang="en-US">Selling, general and administrative expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:to="ifrs-full_SellingGeneralAndAdministrativeExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl0" xml:lang="en-US">Adjustments for decrease (increase) in trade and other receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BusinessCombinationCommonShares_lbl1" xml:lang="en-US">Business Combination Common Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BusinessCombinationCommonShares" xlink:to="bitf_BusinessCombinationCommonShares_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory_lbl0" xml:lang="en-US">Disclosure of number and weighted average remaining contractual life of outstanding share options [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory" xlink:to="ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_AR_lbl0" xml:lang="en-US">ARGENTINA</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_AR" xlink:to="country_AR_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AcquisitionsOfAssetsMember_lbl0" xml:lang="en-US">Acquisitions Of Assets Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AcquisitionsOfAssetsMember" xlink:to="bitf_AcquisitionsOfAssetsMember_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfConsolidatedStatementsOfCashFlowsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsAbstract_lbl" xml:lang="en-US">Schedule Of Consolidated Statements Of Cash Flows Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsAbstract" xlink:to="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory_lbl1" xml:lang="en-US">Disclosure Of Detailed Information About Longterm Deposits Equipment Prepayments Other And Commitments Explanatory</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory" xlink:to="bitf_DisclosureOfDetailedInformationAboutLongtermDepositsEquipmentPrepaymentsOtherAndCommitmentsExplanatory_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_MicroBTWhatsminerOneMember_lbl0" xml:lang="en-US">Micro BTWhatsminer One Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_MicroBTWhatsminerOneMember" xlink:to="bitf_MicroBTWhatsminerOneMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl0" xml:lang="en-US">Impairment loss recognised in profit or loss, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_YearOneMember_lbl0" xml:lang="en-US">Year One Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_YearOneMember" xlink:to="bitf_YearOneMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustedWeightedAverageShares_lbl0" xml:lang="en-US">Weighted average number of ordinary shares used in calculating diluted earnings per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustedWeightedAverageShares" xlink:to="ifrs-full_AdjustedWeightedAverageShares_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WarrantLiability_lbl0" xml:lang="en-US">Warrant liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WarrantLiability" xlink:to="ifrs-full_WarrantLiability_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_USD_lbl0" xml:lang="en-US">United States of America, Dollars</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_USD" xlink:to="currency_USD_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_T3Member_lbl0" xml:lang="en-US">T3 Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_T3Member" xlink:to="bitf_T3Member_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_RetirementofEffectOfChangeInDiscountRate_lbl1" xml:lang="en-US">Retirementof Effect Of Change In Discount Rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_RetirementofEffectOfChangeInDiscountRate" xlink:to="bitf_RetirementofEffectOfChangeInDiscountRate_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfSignificantSubsidiariestableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Significant Subsidiariestable Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfSignificantSubsidiariestableTextBlock" xlink:to="bitf_DisclosureOfSignificantSubsidiariestableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ConsultingFees_lbl1" xml:lang="en-US">Consulting Fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ConsultingFees" xlink:to="bitf_ConsultingFees_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_CA_lbl0" xml:lang="en-US">CANADA</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_CA" xlink:to="country_CA_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SalesFairValueMeasurementLiabilities_lbl0" xml:lang="en-US">Sales, fair value measurement, liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SalesFairValueMeasurementLiabilities" xlink:to="ifrs-full_SalesFairValueMeasurementLiabilities_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BackboneParaguayMember_lbl0" xml:lang="en-US">Backbone Paraguay Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneParaguayMember" xlink:to="bitf_BackboneParaguayMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdvertisingExpense_lbl0" xml:lang="en-US">Advertising expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdvertisingExpense" xlink:to="ifrs-full_AdvertisingExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LeaseLiabilitiesMember_lbl0" xml:lang="en-US">Lease liabilities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilitiesMember" xlink:to="ifrs-full_LeaseLiabilitiesMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SecurityType_lbl1" xml:lang="en-US">Security Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_SecurityType" xlink:to="bitf_SecurityType_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity_lbl1" xml:lang="en-US">Deferred Tax Asset Derecognized In The Statements Of Equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity" xlink:to="bitf_DeferredTaxAssetDerecognizedInTheStatementsOfEquity_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_lbl1" xml:lang="en-US">Weighted average exercise price of share options outstanding in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DecreaseInDeposits_lbl1" xml:lang="en-US">Decrease In Deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DecreaseInDeposits" xlink:to="bitf_DecreaseInDeposits_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromCurrentBorrowings_lbl0" xml:lang="en-US">Proceeds from current borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromCurrentBorrowings" xlink:to="ifrs-full_ProceedsFromCurrentBorrowings_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl0" xml:lang="en-US">Portion of consideration paid (received) consisting of cash and cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" xlink:to="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Movement Of Miners Held For Sale Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock" xlink:to="bitf_DisclosureOfMovementOfMinersHeldForSaleTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NetAssetsAcquiredTotal_lbl0" xml:lang="en-US">Net Assets Acquired Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NetAssetsAcquiredTotal" xlink:to="bitf_NetAssetsAcquiredTotal_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AntminerS9MinersMember_lbl2" xml:lang="en-US">Antminer S9 Miners Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AntminerS9MinersMember" xlink:to="bitf_AntminerS9MinersMember_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ExtinguishmentOfLongtermLossDebt_lbl1" xml:lang="en-US">Extinguishment Of Longterm Loss Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ExtinguishmentOfLongtermLossDebt" xlink:to="bitf_ExtinguishmentOfLongtermLossDebt_lbl1"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfIntangibleAssetsAreAmortizedAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfIntangibleAssetsAreAmortizedAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfIntangibleAssetsAreAmortizedAbstract_lbl" xml:lang="en-US">Schedule Of Intangible Assets Are Amortized Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfIntangibleAssetsAreAmortizedAbstract" xlink:to="bitf_ScheduleOfIntangibleAssetsAreAmortizedAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LeaseholdImprovementsMember_lbl0" xml:lang="en-US">Leasehold improvements [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseholdImprovementsMember" xlink:to="ifrs-full_LeaseholdImprovementsMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl0" xml:lang="en-US">Adjustments for impairment loss recognised in profit or loss, goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_EquityPercentage_lbl1" xml:lang="en-US">Equity Percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_EquityPercentage" xlink:to="bitf_EquityPercentage_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfMiningAssets_lbl0" xml:lang="en-US">Purchase of mining assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfMiningAssets" xlink:to="ifrs-full_PurchaseOfMiningAssets_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuedCapital_lbl0" xml:lang="en-US">Issued capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CommonSharesIssued_lbl1" xml:lang="en-US">Common Shares Issued</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CommonSharesIssued" xlink:to="bitf_CommonSharesIssued_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl0" xml:lang="en-US">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_EquipmentAndConstructionPrepayments_lbl0" xml:lang="en-US">Equipment And Construction Prepayments</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AccumulatedDepreciationAbstract_lbl0" xml:lang="en-US">Accumulated Depreciation Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_AccumulatedDepreciationAbstract" xlink:to="bitf_AccumulatedDepreciationAbstract_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl0" xml:lang="en-US">Disclosure of cash flow statement [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:to="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_LessDigitalAssetsPledgedAsCollateralValue_lbl1" xml:lang="en-US">Less Digital Assets Pledged As Collateral Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_LessDigitalAssetsPledgedAsCollateralValue" xlink:to="bitf_LessDigitalAssetsPledgedAsCollateralValue_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_a2023Abstract_lbl0" xml:lang="en-US">a2023 Abstract</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IssuanceOfCommonShares_lbl0" xml:lang="en-US">Issuance Of Common Shares</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl0" xml:lang="en-US">Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_lbl0" xml:lang="en-US">Short-term deposits, classified as cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:to="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NYDIGLoanMember_lbl0" xml:lang="en-US">NYDIGLoan Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NYDIGLoanMember" xlink:to="bitf_NYDIGLoanMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ContributedSurplus_lbl1" xml:lang="en-US">Contributed Surplus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ContributedSurplus" xlink:to="bitf_ContributedSurplus_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Detailed Information About Consolidated Statements Of Profit Or Loss And Comprehensive Profit Or Loss Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutConsolidatedStatementsOfProfitOrLossAndComprehensiveProfitOrLossTableTextBlock_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalents_lbl2" xml:lang="en-US">Cash and cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl2"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BoardOfDirectorsMember_lbl0" xml:lang="en-US">Board Of Directors Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BoardOfDirectorsMember" xlink:to="bitf_BoardOfDirectorsMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DilutedEarningsLossPerShare_lbl0" xml:lang="en-US">Diluted earnings (loss) per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BrokerWarrantLifeyears_lbl0" xml:lang="en-US">Broker Warrant Lifeyears</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BrokerWarrantLifeyears" xlink:to="bitf_BrokerWarrantLifeyears_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GovernmentRemittance_lbl1" xml:lang="en-US">Government Remittance</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CashConsiderationPayable_lbl0" xml:lang="en-US">Cash Consideration Payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_CashConsiderationPayable" xlink:to="bitf_CashConsiderationPayable_lbl0"/>
    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfDeferredTaxAssetAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfDeferredTaxAssetAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfDeferredTaxAssetAbstract_lbl" xml:lang="en-US">Schedule Of Deferred Tax Asset Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfDeferredTaxAssetAbstract" xlink:to="bitf_ScheduleOfDeferredTaxAssetAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfShareOptionsSettledNumberOfRSUs_lbl1" xml:lang="en-US">Number Of Share Options Settled Number Of RSUs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_NumberOfShareOptionsSettledNumberOfRSUs" xlink:to="bitf_NumberOfShareOptionsSettledNumberOfRSUs_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants_lbl1" xml:lang="en-US">Increase Decrease Through Exercise Of Stock Options And Warrants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants" xlink:to="bitf_IncreaseDecreaseThroughExerciseOfStockOptionsAndWarrants_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsTableTextBlock_lbl0" xml:lang="en-US">Schedule Of Consolidated Statements Of Cash Flows Table Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsTableTextBlock" xlink:to="bitf_ScheduleOfConsolidatedStatementsOfCashFlowsTableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PercentageOfEntitysRevenue_lbl0" xml:lang="en-US">Percentage of entity&apos;s revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfEntitysRevenue" xlink:to="ifrs-full_PercentageOfEntitysRevenue_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl0" xml:lang="en-US">Proceeds from borrowings, classified as financing activities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl0" xml:lang="en-US">Additions other than through business combinations, intangible assets other than goodwill</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FiveYearsBeforeReportingYearMember_lbl0" xml:lang="en-US">Five years before reporting year [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_lbl0" xml:lang="en-US">Current and deferred tax relating to items credited (charged) directly to equity</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral_lbl1" xml:lang="en-US">Quantity Of Less Digital Assets Pledged As Collateral</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral" xlink:to="bitf_QuantityOfLessDigitalAssetsPledgedAsCollateral_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TerminationBenefitsExpense_lbl0" xml:lang="en-US">Termination benefits expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TerminationBenefitsExpense" xlink:to="ifrs-full_TerminationBenefitsExpense_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PreviouslyStatedMember_lbl0" xml:lang="en-US">Previously stated [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PreviouslyStatedMember" xlink:to="ifrs-full_PreviouslyStatedMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements_lbl0" xml:lang="en-US">Financial assets that are individually determined to be impaired, fair value of collateral held and other credit enhancements</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl0" xml:lang="en-US">Disclosure of detailed information about borrowings [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_NumberOfWarrantsGranted_lbl1" xml:lang="en-US">Number Of Warrants Granted</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeStatementAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeStatementAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeStatementAbstract_lbl" xml:lang="en-US">Profit or loss [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ProceedsFromDispositionOfMarketableSecurities_lbl1" xml:lang="en-US">Proceeds From Disposition Of Marketable Securities</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfRightOfUseAssetsAndLeaseLiabilitiesAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfRightOfUseAssetsAndLeaseLiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfRightOfUseAssetsAndLeaseLiabilitiesAbstract_lbl" xml:lang="en-US">Schedule Of Right Of Use Assets And Lease Liabilities Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfRightOfUseAssetsAndLeaseLiabilitiesAbstract" xlink:to="bitf_ScheduleOfRightOfUseAssetsAndLeaseLiabilitiesAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl0" xml:lang="en-US">Current portion of non-current borrowings</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiningAssetsMember_lbl1" xml:lang="en-US">Mining assets [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement_lbl0" xml:lang="en-US">Number of share options forfeited in share-based payment arrangement</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_EndingBalanceOfDigitalAssetsQuantity_lbl0" xml:lang="en-US">Ending Balance Of Digital Assets Quantity</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_OutstandingCreditBalance_lbl1" xml:lang="en-US">Outstanding Credit Balance</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLoss_lbl2" xml:lang="en-US">Profit (loss)</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_AssetRetirementProvisionMember_lbl0" xml:lang="en-US">Asset Retirement Provision Member</label>
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    <loc xlink:type="locator" xlink:label="bitf_ScheduleOfOptionGrantsAbstract" xlink:href="bitf-20231231.xsd#bitf_ScheduleOfOptionGrantsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ScheduleOfOptionGrantsAbstract_lbl" xml:lang="en-US">Schedule Of Option Grants Abstract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ScheduleOfOptionGrantsAbstract" xlink:to="bitf_ScheduleOfOptionGrantsAbstract_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_CollateralMarketFairValue_lbl1" xml:lang="en-US">Collateral Market Fair Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl0" xml:lang="en-US">Financial liabilities at amortised cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:to="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CostOfSales_lbl1" xml:lang="en-US">Cost of sales</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BackboneHostingSolutionsIncMember_lbl0" xml:lang="en-US">Backbone Hosting Solutions Inc Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_BackboneHostingSolutionsIncMember" xlink:to="bitf_BackboneHostingSolutionsIncMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfDetailedInformationAboutPurchasePriceAndTheNetAssetsAcquiredtableTextBlock_lbl0" xml:lang="en-US">Disclosure Of Detailed Information About Purchase Price And The Net Assets Acquiredtable Text Block</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_DisclosureOfDetailedInformationAboutPurchasePriceAndTheNetAssetsAcquiredtableTextBlock" xlink:to="bitf_DisclosureOfDetailedInformationAboutPurchasePriceAndTheNetAssetsAcquiredtableTextBlock_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl0" xml:lang="en-US">Disclosure of detailed information about intangible assets [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_lbl0" xml:lang="en-US">Increase (decrease) through net exchange differences, goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BookValue_lbl1" xml:lang="en-US">Book Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DecreasePropertyPlantAndEquipmentMember_lbl0" xml:lang="en-US">Decrease Property Plant And Equipment Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Equity_lbl3" xml:lang="en-US">Equity</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_ChargedToStatementOfProfitOrLoss_lbl1" xml:lang="en-US">Charged To Statement Of Profit Or Loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bitf_ChargedToStatementOfProfitOrLoss" xlink:to="bitf_ChargedToStatementOfProfitOrLoss_lbl1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl0" xml:lang="en-US">Disclosure of general and administrative expense [text block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl0" xml:lang="en-US">Profit (loss) before tax</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods_lbl0" xml:lang="en-US">Current tax expense (income) and adjustments for current tax of prior periods</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" xlink:to="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceIncomeCost_lbl1" xml:lang="en-US">Finance income (cost)</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAcquisitionOfAssetsByAssumingDirectlyRelatedLiabilitiesOrByMeansOfLease_lbl0" xml:lang="en-US">Description of acquisition of assets by assuming directly related liabilities or by means of lease</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAcquisitionOfAssetsByAssumingDirectlyRelatedLiabilitiesOrByMeansOfLease" xlink:to="ifrs-full_DescriptionOfAcquisitionOfAssetsByAssumingDirectlyRelatedLiabilitiesOrByMeansOfLease_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_RemeasurementAtPeriodEndMember_lbl0" xml:lang="en-US">Remeasurement At Period End Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl0" xml:lang="en-US">Increase (decrease) through share-based payment transactions, equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherReceivables_lbl0" xml:lang="en-US">Other receivables</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_GrantedWeightedAverageGrantPricesRSU_lbl1" xml:lang="en-US">Granted Weighted Average Grant Prices RSU</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DescriptionOFAmortizationMethod_lbl0" xml:lang="en-US">Description OFAmortization Method</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl0" xml:lang="en-US">Gains (losses) on change in fair value of derivatives</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOptionsMember_lbl0" xml:lang="en-US">Share options [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_RemeasurementOnSettlementOfWarrantsMember_lbl0" xml:lang="en-US">Remeasurement On Settlement Of Warrants Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_M30SMember_lbl0" xml:lang="en-US">M30 SMember</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DigitalAsset_lbl1" xml:lang="en-US">Digital Asset</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_SixtyOneToNinetyDaysMember_lbl0" xml:lang="en-US">Sixty One To Ninety Days Member</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_BitcoinarnedValue_lbl1" xml:lang="en-US">Bitcoinarned Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl0" xml:lang="en-US">Level 2 of fair value hierarchy [member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_lbl0" xml:lang="en-US">Number of share options granted in share-based payment arrangement</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bitf_DisclosureOfNetFinancialIncomeExpensesTableTextBlock_lbl1" xml:lang="en-US">Disclosure Of Net Financial Income Expenses Table Text Block</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepositsFromCustomers_lbl0" xml:lang="en-US">Deposits from customers</label>
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