Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam – Mining Bitcoin News

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Bitfarms has declared that the fall of bitcoin prices, above all elements, is the most important problem that cryptocurrency miners are facing now.

Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry.

Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina, where Bitfarms is currency building a bitcoin mega-mining center, were a very good destiny for bitcoin mining companies due to different factors.Bitcoin mining companies are starting to feel the effects of the deceleration of the price of bitcoin in crypto markets. The company has declared that the fall of bitcoin prices, above all elements, is the most important problem that miners are facing right now.

 

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BTC was about the same price a year ago. Not to mention that $30k 3 years ago was a very optimistic goal. I think miners know what they are doing and there is no need to complain.

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