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Bitcoin mining suspended in Massena for aesthetic reasons

While other regions have restricted Bitcoin mining for its high-energy consumption and environmental impact, the New York town of Massena has given the most bizarre reason to ban...
Bitcoin mining suspended in Massena for aesthetic reasons © Reuters. Bitcoin mining suspended in Massena for aesthetic reasons

While other regions have restricted Bitcoin mining for its high-energy consumption and environmental impact, the New York town of Massena has given the most bizarre reason to ban Bitcoin mining.

City officials, who are concerned about the appearance of the city, have imposed a three-month ban on Bitcoin mining in order to make roads, buildings and other structures look more presentable.

The town supervisor Steve O’Shaughnessy stated that officials will come up with new regulations for crypto miners after an influx of trailers laden with computers and other hardware needed to mine Bitcoin littered the roads of the city. Speaking with WWNY-TV, O’Shaughnessy said:

We don’t want it (the town roads) littered with these trailers that are pumping out Bitcoin. We just want to make sure if they are going to come here, that it’s a nice presentable building.
The recent rise in crypto mining operations in Massena is partly due to China’s clampdown on cryptocurrencies, which has forced miners to seek refuge in crypto-friendlier regions.

Bitcoin miners are attracted to such areas because of the cheap electricity they offer. In return, they promise job opportunities and economic growth of the community.

Meanwhile, there are ongoing negotiations between Massena Electric and three crypto mining companies, but there are reservations about letting more such firms into the region.

Continue reading on BTC Peers

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BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
29-03-2024 02:49:24 (UTC+7)

EUR/USD

1.0788

-0.0039 (-0.36%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

EUR/USD

1.0788

-0.0039 (-0.36%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

GBP/USD

1.2622

-0.0016 (-0.13%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

USD/JPY

151.40

+0.09 (+0.06%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (0)

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AUD/USD

0.6517

-0.0016 (-0.24%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (2)

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USD/CAD

1.3541

-0.0026 (-0.19%)

Summary

↑ Sell

Moving Avg:

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EUR/JPY

163.28

-0.47 (-0.29%)

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↑ Sell

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EUR/CHF

0.9728

-0.0058 (-0.59%)

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Moving Avg:

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Gold Futures

2,241.15

+28.45 (+1.29%)

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Silver Futures

24.977

+0.225 (+0.91%)

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Copper Futures

4.0088

+0.0088 (+0.22%)

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Crude Oil WTI Futures

83.00

+1.65 (+2.03%)

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↑ Sell

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Brent Oil Futures

86.86

+1.45 (+1.70%)

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Natural Gas Futures

1.748

+0.030 (+1.75%)

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US Coffee C Futures

188.53

-2.12 (-1.11%)

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Euro Stoxx 50

5,082.85

+1.11 (+0.02%)

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↑ Sell

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S&P 500

5,255.50

+7.01 (+0.13%)

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↑ Sell

Moving Avg:

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Indicators:

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DAX

18,504.51

+27.42 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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FTSE 100

7,952.62

+20.64 (+0.26%)

Summary

↑ Sell

Moving Avg:

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Indicators:

Buy (0)

Sell (10)

Hang Seng

16,541.42

+148.58 (+0.91%)

Summary

Neutral

Moving Avg:

Buy (0)

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Indicators:

Buy (3)

Sell (1)

US Small Cap 2000

2,119.55

+5.20 (+0.25%)

Summary

↑ Sell

Moving Avg:

Buy (2)

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Indicators:

Buy (1)

Sell (9)

IBEX 35

11,074.60

-36.70 (-0.33%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

BASF SE NA O.N.

52.930

-0.320 (-0.60%)

Summary

↑ Buy

Moving Avg:

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Sell (3)

Indicators:

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Sell (1)

Bayer AG NA

28.43

+0.01 (+0.04%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Allianz SE VNA O.N.

277.80

+0.35 (+0.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

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Buy (9)

Sell (0)

Adidas AG

207.00

+2.30 (+1.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Deutsche Lufthansa AG

7.281

+0.104 (+1.45%)

Summary

↑ Sell

Moving Avg:

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Sell (8)

Indicators:

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Siemens AG Class N

176.96

+0.04 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

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Deutsche Bank AG

14.582

-0.030 (-0.21%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

 EUR/USD1.0788↑ Sell
 GBP/USD1.2622↑ Sell
 USD/JPY151.40Neutral
 AUD/USD0.6517Neutral
 USD/CAD1.3541↑ Sell
 EUR/JPY163.28↑ Sell
 EUR/CHF0.9728↑ Sell
 Gold2,241.15↑ Buy
 Silver24.977↑ Buy
 Copper4.0088↑ Sell
 Crude Oil WTI83.00↑ Sell
 Brent Oil86.86↑ Sell
 Natural Gas1.748↑ Buy
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,255.50↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,119.55↑ Sell
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,880/ 8,050
(0/ 0) # 1,398
SJC HCM7,900/ 8,100
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SJC Hanoi7,900/ 8,102
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SJC Danang7,900/ 8,102
(0/ 0) # 1,452
SJC Nhatrang7,900/ 8,102
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SJC Cantho7,900/ 8,102
(0/ 0) # 1,452
Cập nhật 29-03-2024 02:49:27
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RON 95-V24.69025.180
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Dầu hỏa 2-K21.26021.680
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EUR26.018,3427.446,04
GBP30.390,9531.684,00
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KRW15,8419,20
Cập nhật lúc 18:53:18 28/03/2024
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