Bitcoin Mining arrives in New York as legislators approve power allocation

Coinmint Mining Service has obtained approval to resume a foundry abandoned for Bitcoin mining operations on Tuesday 30 January.

As reported by local news broadcaster WWNYTV on Thursday with local government documentation, lawmakers from upstate New York voted in favor of allocating the Central low cost 15 megawatt North Country Data Center (1945-19900). said the board of directors of the New York Authority and the board of directors of the New York State Canal Corporation

The operation is expected to involve an investment of 165 Millions of dollars in the Coinmint infrastructure and the creation of 150 jobs for people from the nearest town Massena and surrounding areas.

The State of New York was previously not known for its involvement or openness to cryptocurrency, title traditiona

" This was one of our main marketing points is that we have reliable and cheap power, "Steven O 'Shaughnessy, supervisor of the city of Massena, replied to WWNYTV

"It would be good for Massena, I think these are highly technical jobs."

Encouraging news comes after reports from across the Atlantic in Europe that the supplier of 39; major energy Enel had refused sales of renewable energy to the encryption operator, Envion. "

The mixed arena continues worldwide, Russia confirming its intention to transform the capacity of the reserve system into mining facilities and the 39, former Chinese monopoly producing messages on its development plans. This is a great distribution of power, but certainly 150 jobs are nothing to sneeze "said MP Addie Jenne about plans in New York. to local government priorities.