Mayor Francis Suarez told CNBC that Miami is working to lower the cost of electricity in order to entice bitcoin miners to make the move to Florida.
Suarez is looking to patriate China’s mining diaspora by promoting the city’s essentially unlimited supply of cheap nuclear energy.
How is the electricity cheap their though? It's more or less 30% more than the cost of electricity there than in china. Not to mention the labor cost + the additional factors such as the humidity and the location of the miner. Still, this publicity stunt shows that he is going to support Bitcoin for a long time which is good.