Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: RSRS on July 25, 2021, 06:46:51 AM
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Crypto mining firms are allocating their operations in Massena like green pastured regions
The officials of the town are concerned following how these shift is littering the region
Massena has prohibited such newcomers from operating in the region for 90-days
During the suspension period, officials of the town will introduce new regulations to prevent roadsides from being cluttered
Massena Electric is also negotiating with the new miners to ensure its clients get more benefits
Crypto mining is getting more popular with soaring demand for cryptocurrencies. However, the operation requires heavy power usage, which concerns many globally. On the other hand, China has also prohibited miners from operating in the country. Following the scenario, the Chinese cryptocurrency miners allocate their business to countries like Kazakhstan and the United States. However, recently, Massena, a town on the border of New York and Canada, has imposed a prohibition on such miners. The city put a break for 90 days on new cryptocurrency miners.
Why did Massena suspend crypto mining firms?
Associated Press has shared a report revealing Massena has halted cryptocurrency miners from operating in the region. The town has suspended all new crypto mining firms for 90 days. It is known that during the period, the town will introduce new regulations that will ensure that such facilities and rigs are prevented from littering areas.
According to Steve O’ Shaughnessy, Massena’s supervisor, the decision for such prohibition came following trailers filled with mining rigs popping in the region. The supervisor mentioned that they don’t want the town to be filled up with such sea boxes throughout the town. Hence, they are prohibiting the firms from littering the town with trailers pumping BTC.
More Information (https://cryptonews.net/en/news/mining/1167859/)