Greenidge Generation will use BTC mining profits to build solar farm
According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm. Go to Source Powered by WPeMatico
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Bitmart seeks restraining order to prevent hackers from selling fake BSV
The owner of crypto exchange Bitmart has asked a New York judge to intervene to prevent hackers from selling the fraud-begotten coins on the open market. Go to Source Powered by WPeMatico
New York Town Bemoans Roadside ‘Littered’ With Bitcoin Miners — Officials Plan to Impose 90-Day Moratorium
A 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 … Read more
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
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