Bitcoin Mining’s Boon for Small Town America

2024-4-8 22:18

Will Foxley’s doc about a small Texas town’s embrace of a new mining facility paints a more positive story about Bitcoin’s impact on rural communities than typically reported.

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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 […]

2021-7-24 13:00


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”Ghost Town” in British Columbia Eyes Revival as Bitcoin Mine Comes to Town

The town of Ocean Falls in British Columbia, Canada, is set to become yet another example of a rejuvenated small town with a new crypto mining facility in town. A report on September 4, 2018, shows that after four long decades of little to nothing happening, the fortuitous presence of cheap hydroelectric power has attracted a bitcoin miner to town,...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-7 01:00


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Bitcoin Cash Development is a Ghost Town, GitHub Data Reveals

Bitcoin Cash continues to receive criticism of its network setup as bitPico’s “stress test” unearths what the group describes as possible “fake decentralization. ” Empty Blocks, No Activity Data harvested from GitHub repositories for both Bitcoin (BTC) and Bitcoin Cash (BCH) has caused the latest in a series of stark contrasts of network performance to surface on social media in recent weeks.

2018-7-17 03:00


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CNBC ‘Fast Money’ Sees Bitcoin Bulls And Bears All In One Segment

In today’s segment of CNBC ‘Fast Money’, the hosts took a look at the current state of Bitcoin, pointing out signals and what they mean for the market going forward. Bitcoin Sees Interest Decline, Is That A Problem? The cryptocurrency market saw an astonishing 2017, with the industry quickly becoming the talk of the town […] The post CNBC ‘Fast Money’ Sees Bitcoin Bulls And Bears All In One Segment appeared first on Ethereum World News.

2018-7-12 06:16


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Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility

California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list.

2018-6-23 07:00