( MENAFN )Miami Mayor Francis Suarez, who is looking to make the city as a center for crypto mining activity, declared this week that he is attracting foreign mining firms to set up data hubs in the city.
In an interview with CNBC, Suarez stated that Miami’s plenty nuclear electricity supply should drew bitcoin miners planning to implement clean energy sources for their procedures, particularly now there is a spotlight on the assumed carbon footprint of crypto mining.
He noted that the city’s bureaucrats were planning to decrease the cost of energy in combination with the power firms. They were also talking about other inducements like positive taxes and minimal rules, Suarez stated.
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