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What is driving Bitcoin miners to New York’s fading blue-collar towns? What is driving Bitcoin miners to New York’s fading blue-collar towns?

What is driving Bitcoin miners to New York’s fading blue-collar towns?

Abundant renewable energy sources, including cheap hydroelectric power, enable ‘green-energy mining’–but upstate environmentalists are not convinced.

What is driving Bitcoin miners to New York’s fading blue-collar towns?

Cover art/illustration via CryptoSlate

This month, a Bitcoin mining operation is launching northeast of Niagara Falls, on the site of decommissioned coal-fired Somerset Generating Station, The New York Times reported.

Leveraging abundant sources of renewable energy and ‘plug and play’ infrastructure, New York State’s fading blue-collar towns became an increasingly popular destination for mining Bitcoin.

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