In the Midst of Winter, Bitcoin is Heating Up New York City
If you want to experience Bitcoin unlike any other, take a step into the newly formed Bitcoin Center NYC. A block from the New York Stock Exchange, Bitcoin Center creates a lively approach to buying and selling Bitcoin in an area that has since been silent with the excitement of live trading. Each Monday, the floor comes alive with the sound of traders....
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A harsh winter looms ahead, and a creative New Yorker has found a brilliant solution to mounting heating costs: fill your place with ASICs and start mining Bitcoin. Perhaps you won't become the next Bitcoin millionaire, but you will certainly save a lot of money on heating. The blogger analyzes the cost of all options for heating - natural gas, oil and electricity - and concludes that electricity is the worst of the three options. But sometimes electricity is the only heating source available, because some apartments are only equipped for electricity. Therefore, it's important to find ways....
Residents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life. New York locals are accusing Greenidge Generation’s gas-fired Bitcoin mining plant of heating Seneca Lake in upstate New York. On a daily basis, the Greenidge plant is permitted to withdraw 139 million gallons of water from the lake and discharge 134 million gallons of water. The plant is also allowed to discharge water with a temperature of up to 108 degrees Fahrenheit (F) in the winter, and up to 86F in the....
Uber recently announced customer location data collection for the duration of rides, and New York City has already demanded access to it. According to the ridesharing giant, officials from the New York City government have demanded sensitive customer data. This includes constant geolocation, which the app uses to help drivers and riders find each other without constant call-response communication. This would mean that law enforcement agencies would have the effective use of all Uber users’ whereabouts while using the app. In an email to customers, Uber outlined the threat to privacy....
Vancouver is a beautiful city. It has perhaps the most livable climate in Canada and is known for its natural beauty, great food, and progressive culture. It’s also headed to be the world’s first city heated by Bitcoin mining. In other words, Bitcoin is literally heating up Vancouver. On Next Earth, you can buy a […]
Last Thursday New York City councilman Mark Levine introduced a bill petitioning for the city to accept bitcoin as payment for fines and fees. Levine opened up about the bill, which he says could be passed as early as June, in a new interview with CoinDesk, indicating that he believes New York City has a pressing incentive to begin accepting the payment method due to its cost advantages when compared to credit cards. The democrat from the 7th District in northern Manhattan recalls that it was this benefit that led him to introduce the bill, one that will now go through a process of....