Cointmint Earns Approval to take Over Smelter For Bitcoin Mining.
On Tuesday, the 30th of January, Cloud mining service cointmint earned approval to take over an abandoned smelter for Bitcoin mining.
As local news channel WWNYTV reported Thursday, along with local government documentation, lawmakers in the New York area voted in favor of 15-megawatt low-cost power for the North Country Data Center (NCDC).
The business should include investment costs of $ 165 million in the Coinmint infrastructure and the creation of 150 jobs for Massena and the surrounding area.
The state of New York was not known in the past for its involvement or opening up to the extraction of cryptic frequencies, the title traditionally belonging to the state of Washington with its cheap electricity.
“This is one of our key marketing points is that we have a cheap reliable force,” said Steven O’Shaughnessy, head of Massena City, said to WWNYTV.
“It would be good for Massena, I think it’s a very technical job, we will definitely look forward to that.”
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