Tag Archives: new york cryptocurrency

New York Backs Bitcoin (BTC), Opens Blockchain Center

Bitcoin (BTC), Blockchain, Cryptocurrency–Despite falling coin prices which characterized most of 2018, the city of New York has not shied away from its support for Bitcoin and the underlying technology for cryptocurrency. Even in the midst of a bear market, with Bitcoin slipping below $4,000 and falling 70 percent from it’s all time high in December 2017, investors… Read More »

New York State Entices Crypto Miners to Negotiate Cheap Power

Cryptocurrency Mining–Despite the overwhelmingly negative image of crypto mining related electricity costs, from the impact they have on the environment to the rising rates of neighborhood power bills, the state of New York has approved a bid to increase the population of miners through cheaper electricity. On Thursday, state regulators approved a motion that would create a new… Read More »