Standpoint Finance decides to exploit the promising potential of Bitcoin mining …
Kingstown, Saint Vincent and the Grenadines, November 15, 2021 (GLOBE NEWSWIRE) – (via Blockchain Wire) Standpoint Finance (STF) announces its determination to establish its Bitcoin mining farm, hinting that negotiations are underway. The farm will house powerful computers that would solve complex mathematical problems. According to Investopedia, one of the leading sources of financial content on the internet, Bitcoin mining is the process of creating new bitcoins by solving these mathematical puzzles. Tom Wood, vice president of business development for Standpoint Finance, said in a statement Friday that the company has decided to join other companies that already own or are considering owning their Bitcoin mining farm. The move comes after the company deliberates on a report submitted by the company’s team of crypto market analysts. The company’s team of analysts had previously been tasked with investigating the prospect of Bitcoin mining activity.
âAfter carefully examining the crypto ecosystem in general and the bitcoin market in particular, we can see a steady long-term growth in daily transaction volumes in the form of increasingly general services, from e-commerce to online as well as a traditional offline business ready to accept crypto. as legal tender. We believe that this constant increase in demand will inevitably lead to a rise in prices which we believe will send bitcoin above $ 100,000 in 2-3 years, âsaid Tom Wood.
According to the submitted report, the price of Bitcoin is expected to continue to rise, as available market statistics show a long-term upward trajectory. STF’s market analyst team predicts that the price of Bitcoin will surpass the $ 100,000 mark over the next three years. As a result of this projection, the analyst group believes that Bitcoin mining would become a top investment opportunity. STF intends to seize the opportunity by owning a Bitcoin mining farm. As part of the ongoing negotiations, the company is considering the possibility of a joint venture or an independent initiative.
While it is not clear how STF will ultimately proceed, the company has opened its doors to investors and other companies who would be interested in partnering to own a Bitcoin mining farm. One thing clear is that the company intends to replicate the success it has achieved so far in its brokerage business in this new venture. Tom Wood further stressed that the company will employ the best hands to ensure that the Bitcoin mining farm not only comes to fruition, but is successful.
StandPoint Finance is a leading broker with a revolutionary client-centric trading platform that empowers new and established traders to trade smart. In addition to having years of experience in the industry, the company has hired the best hands for the job. Their well-trained analysts, account managers and customer service professionals make trading transparent for users.
CONTACT: StandPoint Finance support-at-standpointfinance.com https://www.standpointfinance.com