Express

Massena Town In NY Plans To Impose A 90-Day Ban On Crypto Mining Business

Mary Liu

Summary: According to WWNY, the town of Massena in New York, which attracts crypto miners due to low electricity costs, plans to impose a 90-day ban on crypto mining operations, and the town hopes to enact new regulations. Mayor Steve O’Shaughnessy said Massena town was "messed up" because of increasing shipping containers and trailers for crypto ming. ...

According to WWNY, the town of Massena in New York, which attracts crypto miners due to low electricity costs, plans to impose a 90-day ban on crypto mining operations, and the town hopes to enact new regulations.

Mayor Steve O’Shaughnessy said Massena town was "messed up" because of increasing shipping containers and trailers for crypto ming.

Due to the availability of cheap hydropower, this small town in northern New York is favored by crypto miners these years.

By Mary Liu

Last Update:

Tags: ,
Link: Massena Town In NY Plans To Impose A 90-Day Ban On Crypto Mining Business   [Copy]
Next:

Related Articles

  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • Bitcoin Surges to New Highs, Momentum Points to Further Gains 11 days ago

    • You need to login to comment.