This month, a Bitcoin mining operation is launching northeast of Niagara Falls, on the site of decommissioned coal-fired Somerset Generating Station, The New York Times reported.Leveraging abundant sources of renewable energy and ‘plug and play’ infrastructure, New York State’s fading blue-collar towns became an increasingly popular destination for mining Bitcoin.However, the … [Read more...] about What is driving Bitcoin miners to New York’s fading blue-collar towns?
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Miami mayor says New York’s plan to halt Bitcoin mining is a step in “wrong direction”
A new bill has been introduced in the New York State Senate that proposes to halt Bitcoin (BTC) mining for three years while researchers will be assessing its impact on the environment.Senator Kevin Parker initially presented his proposal, titled Senate Bill S6486, to the Environmental Conservation Committee on Monday.However, it attracted criticism from several quarters, … [Read more...] about Miami mayor says New York’s plan to halt Bitcoin mining is a step in “wrong direction”