Quote from: avikz on June 20, 2021, 04:14:39 PM

Quote from: Paisleyvn on June 19, 2021, 01:41:33 AM

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.

Lol! While it's good for bitcoin but US will again see a plethora of Chinese aliens moving into US. I am sure local Miami residents wouldn't want that to hapoen. The hate crime against Chinese Asians are already quite high and it will continue to rise.

I think Miami mayor should put some caveats to ensure the mining operations have US partners before accepting any Chinese nationals into their state. Chinese people are indeed a threat to national security of US considering the tensions happened in South China Sea in recent times.

Now that China seems to be serious about their plans to shut everything down related to mining, I am quite interested to see whether the Mayor of Florida acts according to his words. Wink

It is his turn now!

I don't know the electricity prices in China, but I can imagine the difference between China and the US / Miami is quite significant. I don't know how well it would be received there if the people know that the Chinese get extremely cheap energy for their mining operations.