Today We approved a Declaration WHEREBY THE SENATE OF #PARAGUAY SUPPORTS LOCAL AND FOREIGN INVESTMENTS IN INFRASTRUCTURE AND URGES THE MINISTRY OF INDUSTRY TO STUDY THE ECONOMIC ADVANTAGES OF SELLING OUR SURPLUS ENERGY TO THE #CryptoMining INDUSTRY. #BITCOIN
Bitfarms $BITF deposited 96% of their BTC production into custody this year rather than sell it on the open market. If other publicly traded miners do the same, #Bitcoin stock to flow is going to infinity. Then it is going negative. This is not factored into anyone's model.
I advised many friends to buy #BTC at $300. And many have thanked me since.
I advised many friends to buy #BTC at $3,000. And many have thanked me since.
Now I am advising many friends to buy #BTC at $30,000. And many will thank me.
📣 Bitfarms, currently powering an estimated 1.5% of the #Bitcoin network with greater than 99% green hydroelectricity, announces a $BTC production update.
Publicly traded #Bitcoin miners in North America are getting larger, greener, and more productive. As they become better capitalized they are also becoming bigger #hodlers. @Bitfarms_io deposited 95% of its BTC production into custody thru July 12.
'China’s Bitcoin mining crackdown is a boon for miners elsewhere'
🗣️ “We are now mining more bitcoin on a daily basis than we were before”, Geoff Morphy, President of Bitfarms.
https://t.co/aSSVmzweuB
🚀 $BITF #BTC#BitcoinMining#Blockchain#NasdaqListed
4 years ago at Consensus, I remember Emi, Nicolas, and Matthieu walking up to our booth and telling us they were going to build one of largest mining operations in NA. Everyone talks a big game in #bitcoin mining space, but few ever execute and deliver.
Congrats @Bitfarms_io 🍾
The increase in the number of publicly traded #Bitcoin miners and their migration to US based stock exchanges is indicative of broader institutional adoption of bitcoin and enthusiasm for the PoW mining business model.
Crwe World | View from the C-Suite: Wes Fulford, Chief Executive Officer, Bitfarms Ltd., tells his company's story. Filmed on October 1, 2019 https://t.co/BDUWqOwWs9