Canadian border town suspends Bitcoin mining over aesthetic concerns
City officials have imposed a three-month suspension on new Bitcoin mining operations to make roads and buildings more presentable. Go to Source Powered by WPeMatico
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123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid
On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins. The Mechanicville facility is considered one of the oldest renewable energy plants in the world, and it’s now making “more money … Read more
New York locals accuse gas-fired mining operation of heating Seneca Lake
Residents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life. Go to Source Powered by WPeMatico
Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin Miner Greenidge Generation Plans to Expand to South Carolina Spartanburg, South Carolina, … Read more
Greenidge plans to expand mining operations to South Carolina
According to the crypto mining firm, the South Carolina facility has been capable of drawing 80 megawatts of power, two thirds of which is produced from zero carbon energy sources. Go to Source Powered by WPeMatico
New York Fed president says crypto poses challenging questions for central banks
John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of England, about the potential for issuing central bank digital currencies. Go to Source Powered by WPeMatico
NYC’s mayoral frontrunner pledges to turn city into Bitcoin hub
Eric Adams, who has outstripped the better-known crypto advocate Andrew Yang in New York City’s mayoral race, has made his own Bitcoin pledge on the eve of winning office. Go to Source Powered by WPeMatico
Judge blocks sale of Jay-Z’s first album and its copyright as an NFT
Damon Dash has slammed the complaint against him from Roc-A-Fella Records, stating that he never minted an NFT and was only attempting to sell his stake in the company. Go to Source Powered by WPeMatico
Coinbase is reportedly looking to set up office in New York
After announcing shutdown of San Francisco headquarters last month, Coinbase is reportedly quietly setting up its first office in New York. Go to Source Powered by WPeMatico
Bill banning crypto mining for 3 years dies in NY state assembly
The NY state assembly needs to approve any bill or propose amendments before it can be signed into law by Governor Andrew Cuomo. Go to Source Powered by WPeMatico
