Bitfarms Starts Bitcoin Megafarm Operations in Argentina – Mining Bitcoin News

on October 2021, has now reached a milestone, allowing it to start operating, and contributing hashrate to the Bitcoin network.In this first phase, the facility is able to produce 10 MW of energy to host mining equipment. The company expects these facilities to host a multitude of miners in the future, growing its provided power fivefold. In the future, 50 MW will contribute 2.5 exahash per second to the current mining power provided by the company.

amongst Argentine regulators, with come making inquiries about the nature of the project and the nature of the energy that would be used.Bitfarms negotiated a private agreement with a provider capable of delivering prices of $0.02.2 per kilowatt hour , a very competitive fee. However, even with this advantage, Bitfarms has expressed its worries about the sudden decline of bitcoin prices in international markets.

LMAO rip Argentina's electricity bills. Shit's bout to get worse.

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At one point I owned .5% of Bitfarms total outstanding shares. I've completely lost faith in this company. It's essentially run as a pump and dump. They also sold a substantial amount of their Bitcoin. They went from promising company to RIOT block chain in a 1 years time.

nothing but bcoin still crashed 1.4 % of the real market

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Please give me some help bro

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This is a scarytime for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction scrypto on a discount. Wealth is created duringbear markets, not bull markets.

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