New York Town Bemoans Roadside ‘Littered’ With Bitcoin Miners — Officials Plan to Impose 90-Day Moratorium

New York Town Bemoans Roadside ‘Littered’ With Bitcoin Miners — Officials Plan to Impose 90-Day MoratoriumA St. Lawrence county town located in New York near the Canadian border, Massena, is another region in the state that is having issues with bitcoin miners. According to recent reports from the local WWNY-TV news desk and Reuters, the Massena town supervisor is drafting new regulations for bitcoin mining operations. Officials From Town of […]

Go to Source

Powered by WPeMatico

New York Approves New Electricity Rates for Crypto Miners

New York Approves New Electricity Rates for Crypto MinersNew York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs.” Also Read: Cash […]

The post New York Approves New Electricity Rates for Crypto Miners appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Coinmint to Invest up to $700 Million in New York Mining Center

Coinmint to Invest up to $700 Million in New York Mining CenterCoinmint has announced it commenced operations at its newest crypto mining facility in New York. Operated via its wholly owned subsidiary, North Country Data Center Corporation, it is already mining several cryptocurrencies including bitcoin, dash and ether. Also Read: Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India Mining Operations Come Online Located at a […]

The post Coinmint to Invest up to $700 Million in New York Mining Center appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico