This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.rt.com/business/526961-miami-clean-energy-bitcoin-mining/
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Miami offers its clean nuclear power to bitcoin miners as it aims to become crypto capital of the world | Miami offers its clean nuclear power to bitcoin miners as it aims to become crypto capital of the world |
| (2 months later) | |
| Miami Mayor Francis Suarez, who is looking to position the city as a hub for crypto mining activity, announced this week that he is inviting foreign mining companies to establish data centers in the city. | Miami Mayor Francis Suarez, who is looking to position the city as a hub for crypto mining activity, announced this week that he is inviting foreign mining companies to establish data centers in the city. |
| In an interview with CNBC, Suarez said that Miami’s ample nuclear electricity supply should attract bitcoin miners looking to adopt clean energy sources for their operations, especially now there is a spotlight on the supposed carbon footprint of crypto mining. | In an interview with CNBC, Suarez said that Miami’s ample nuclear electricity supply should attract bitcoin miners looking to adopt clean energy sources for their operations, especially now there is a spotlight on the supposed carbon footprint of crypto mining. |
| He added that the city’s officials were looking to reduce the cost of energy in conjunction with the power companies. They were also discussing other incentives like favorable taxes and minimal regulations, Suarez said. | He added that the city’s officials were looking to reduce the cost of energy in conjunction with the power companies. They were also discussing other incentives like favorable taxes and minimal regulations, Suarez said. |
| According to the mayor, who is a crypto proponent and owns both bitcoin and ether, Miami may compete with other emerging mining destinations in Texas and Wyoming. Officials may also further expand Miami’s crypto adoption drive as the city looks to become the bitcoin and crypto capital of the world. | According to the mayor, who is a crypto proponent and owns both bitcoin and ether, Miami may compete with other emerging mining destinations in Texas and Wyoming. Officials may also further expand Miami’s crypto adoption drive as the city looks to become the bitcoin and crypto capital of the world. |
| Suarez’s invitation to overseas miners comes at a time of increasing clampdowns on the industry, particularly in China. Media reported on Friday that crypto miners in Ya’an, a city in the Sichuan Province, have been ordered to shut down their operations. | Suarez’s invitation to overseas miners comes at a time of increasing clampdowns on the industry, particularly in China. Media reported on Friday that crypto miners in Ya’an, a city in the Sichuan Province, have been ordered to shut down their operations. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
| Dear readers and commenters, | |
| We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system. | |
| Sorry for the inconvenience, and looking forward to your future comments, | |
| RT Team. |