Plattsburgh Officials Want Bitcoin Miners to Vacate the Small Town

Plattsburgh Officials Want Bitcoin Miners to Vacate the Small TownLast week officials from the small town of Plattsburgh New York filed a moratorium request against bitcoin mining operations that currently reside in the town and future mining endeavors. The proposal was issued by the Mayor’s office and cites concerned over electricity use and energy consumption. Also Read: From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals […]

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Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining in Russia

Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining in RussiaChina has dominated the bitcoin mining industry for a couple of years, but fears of a government clampdown are signaling now might be the best time to enter the market elsewhere in the world. And someone just made a big bet that Russia, with its cold weather and plentiful fossil fuel energy sources, is the […]

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Chinese Authorities Ask Local Miners to Submit Monthly Status Reports

Chinese Authorities Ask Local Miners to Submit Monthly Status ReportsXinjiang Province regulators have issued an official document informing local bitcoin miners to submit status reports on a specific schedule. Also Read: Japanese ‘Virtual Currency Girls’ Spreading Cryptocurrency Knowledge     An Orderly Exit Bitcoin mining companies were told to write a status report before Jan. 5, according to a government notice signed by a Xinjiang […]

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