In Upstate New York, Crypto Miners have approved New Power Rates

In Upstate New York, Crypto Miners have approved New Power Rates
фото показано с : bitcoints.com

2018-7-13 03:13

A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners.
While primarily an administrative move, it’s a potentially significant development for cryptocurrency miners hoping to tap the hydroelectrical resources located in New York.
However, given the abundance of low-cost electricity in upstate New York, there is an opportunity to serve the needs of existing customers and to encourage economic development in the region.”
Thursday’s move wasn’t the first of its kind out of the Commission – earlier this year, the body approved a bid to levy miners with higher rates in the form of a new tariff.
The decision came in response to a petition filed by the New York Municipal Power Agency (NYMPA), which expressed concern that local residents may experience higher rates due to the higher-than-average consumption rates of miners.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.01 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.020185 (-100%)

new miners york rates electricity cryptocurrency administrative

new miners → Результатов: 43


Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners

New developments in New York is likely to make its Upstate cities a more conducive home for cryptocurrency mining. Due to the abundance in power supply, the state’s regulator has opened the doors of New York”s upstate as it approves a decent payment rate for miners who consume massive amounts of electrical power to carry […] The post Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners appeared first on ZyCrypto.

2018-7-13 23:17


Фото:

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


Фото:

Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24