Ben Gagnon, CEO of cryptocurrency mining company Bitfarms, said that if Trump cuts red tape and increases support and investment in energy and power infrastructure, the United States will solidify its position as the most competitive place in the world for bitcoin mining, making it absolutely possible and desirable for the United States to become the largest country for bitcoin mining. However, he admitted that due to the fragmentation of bitcoin infrastructure, it is impossible to achieve the r...
Ben Gagnon, CEO of cryptocurrency mining company Bitfarms, says it is absolutely possible and desirable to make the United States the number one country for bitcoin mining. He believes that if Trump reduces red tape and increases support and investment in energy and power infrastructure, the United States will solidify its position as the most competitive place in the world for bitcoin mining. However, Ben Gagnon admits that due to the decentralized infrastructure of bitcoin, one country cannot ...
Bitfarms has promoted its chief mining officer Ben Gagnon to CEO to avoid the possibility of a takeover while conducting a strategic review of its next moves. The company on Monday launched a website aimed at clarifying what Bitfarms previously called "poor corporate governance practices". Bitfarms has always insisted that its directors are "committed to acting in the best interests of the company and all of its shareholders". A spokesperson noted that the...