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New York Lawmakers Approve Power Allocation for Bitcoin Mining
Cloud mining service Coinmint has won approval to take over an abandoned smelter for Bitcoin mining operations on Tuesday, Jan. 30. As local news broadcaster WWNYTV reports Thursday along with local government documentation, lawmakers in upstate New York voted in favor of awarding subsidiary North Country Data Center (NCDC) 15 megawatts of low-cost power. This is subject to agreement of […]
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Chinese Bitcoin mining machine sellers push through the Cryptocurrency crackdown
For three days, “Alex”, a 38-year-old businessman from Russia, combed central Shenzhen looking for China’s best prices on bitcoin equipment. But after comparing those of 30 different retailers in one of the world’s liveliest electronics marketplaces, he still could not decide what to buy. “It’s not just about the price,” Alex said, scribbling price information […]