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New York State Prepares to Welcome Bitcoin Miners With Cheaper Electricity Rates

The state of New York doesn’t have the best of reputations when it comes to cryptocurrency. Its BitLicense requirement has made operating a crypto business very expensive and difficult. In an effort to turn things around, state regulators are now aiming to attract Bitcoin and altcoin miners. New York and Bitcoin Mining On paper, there […] дальше »

2018-7-14 21:00


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Updated Power Rates for Cryptocurrency Miners in New York

The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York. Details of the New Rates In a press release issued by the New York PSC, high-density power consumers like cryptocurrency miners under the Massena Electric Department will pay new utility rates. Cryptocurrency miners and other high-density дальше »

2018-7-14 11:34


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Crypto Miners Receive Approval from New York for Favorable Electricity Rates

New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. These requests come mainly from similar types of potential customers: server farms, generally devoted to data processing for cryptocurrencies. What is your response to the introduction дальше »

2018-7-14 06:36


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New York Approves New Electricity Rates for Crypto Miners

New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs. дальше »

2018-7-14 03:30


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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »

2018-7-14 01:04


Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners

New developments in New York is likely to make its Upstate cities a more conducive home for cryptocurrency mining. Due to the abundance in power supply, the state’s regulator has opened the doors of New York”s upstate as it approves a decent payment rate for miners who consume massive amounts of electrical power to carry […] The post Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners appeared first on ZyCrypto. дальше »

2018-7-13 23:17


Kutcho Copper Opens MineHub Metals & Mining Blockchain Supply Chain Technologies

Kutcho Copper Corp. has announced the launch of its MineHub Technologies Inc with a syndicate of industry partners including a senior mining company, one of the world’s largest streaming companies, an international base and precious metals and concentrates trading company that specializes in providing trading and financing solutions for miners and smelters and a global […] дальше »

2018-7-13 20:39


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Crypto miners get updated power rate structure approved by NY state officials.

New York state regulators have approved a new electricity rate scheme for cryptocurrency miners that will allow them to negotiate contracts, Bloomberg reported July 12. According to Bloomberg, several months ago the state of New York gave permission to 36 municipal power authorities to charge crypto miners more than other consumers. The Massena municipal utility дальше »

2018-7-13 06:31


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In Upstate New York, Crypto Miners have approved New Power Rates

A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners. While primarily an administrative move, it’s a potentially significant development for cryptocurrency miners hoping to tap the hydroelectrical resources located in New York. However, given the abundance of low-cost electricity дальше »

2018-7-13 03:13


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Zcash Mining 400% More Profitable Than Bitcoin

Zcash (ZEC) is the most profitable cryptocurrency to mine, with expected returns far higher than other PoW coins like Ethereum (ETH) and Bitcoin (BTC). Data collected from cryptocurrency tools provider Anything Crypto suggests that at current difficulty levels, ZEC miners using the Antminer Z9 mini could expect an $8,000 return on their investment over a […] The post Zcash Mining 400% More Profitable Than Bitcoin appeared first on Crypto Briefing. дальше »

2018-7-13 18:28