Category: Miami

Miami’s Mayor Opposes Jamie Dimon, Says Bitcoin Is Definitely Not Worthless

Miami’s Mayor Opposes Jamie Dimon, Says Bitcoin Is Definitely Not Worthless

Francis Suarez strongly disagreed with Jamie Dimon’s opinion that bitcoin is “worthless.” The primary cryptocurrency has intrinsic value, while its underlying blockchain technology is “the most secure, most decentralized blockchain on the planet,” the Mayor said. Suarez Vs. Dimon Miami’s Mayor – Francis Suarez – and JPMorgan Chase’s CEO – Jamie Dimon – are, by […]

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Miami Becomes First City to Approve a Native Crypto, Here’s How It Would Be Used

The US city of Miami has become the first city to approve a native cryptocurrency. The crypto token will be based on Bitcoin’s smallest unit “SAT” and would be called the Miami coin. Miami City Commission approved access to $4.3 million in Miami Coin. The token can be mined using Bitcoin mining apparatus and for […]

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Candidate for Mayor Promises to Make NYC the Most Cryptocurrency-Friendly City in US

Candidate for Mayor Promises to Make NYC the Most Cryptocurrency-Friendly City in US

Curtis Sliwa, a candidate for New York City (NYC) mayor, said that he will make his city “the most cryptocurrency-friendly city” in the U.S. if he is elected. He joins a growing list of mayors and mayoral candidates in growing cryptocurrency adoption. Mayoral Candidate Plans to Turn NYC Into the Most Crypto-Friendly City NYC mayoral […]

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This is the Latest Cryptocurrency Exchange to Migrate to the U.S. Crypto-Capital Miami

Originally headquartered in San Francisco, the cryptocurrency trading platform Okcoin has opened a new office in Brickell – an urban neighborhood in Miami. It aims to expand some of its services for the growing Latin American customer base within the city. Okcoin’s Hiring Initiative While the new hub only houses 10 Miami employees at present, […]

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Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge. Bitcoin’s hashrate is now hovering just above 100 exahash per second […]

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BTC Hashrate Drops to Lowest in 2021, North America All Set to Become New Crypto Mining Hub

China’s crackdown on crypto does not seem to end. In a fresh report today Sichuan province of China issued an official statement ordering all the power generation companies to stop power supply to crypto miners effective from 25th June 2020. Meanwhile, North American states are planning to grab this opportunity by both hands and become […]

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Miami’s Mayor Lures Chinese Bitcoin Miners With Cheap Nuclear Energy

Miami’s Mayor Lures Chinese Bitcoin Miners With Cheap Nuclear Energy

The bitcoin miners who are ousted from China with the latest crackdown could find a place in Miami, Florida. The city’s mayor, Francis Suarez, said he’s working on lowering the costs for electricity in order to attract more miners to the region. BTC Miners Going to Miami? In a recent interview with CNBC, Francis Suarez […]

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Ultra-Exclusive Surfside Penthouse in Miami Sells for $22 Million in an All-Crypto Deal

Ultra-Exclusive Surfside Penthouse in Miami Sells for $22 Million in an All-Crypto Deal

On May 27, the state of Florida saw one of the largest real estate sales in cryptocurrency, as a Miami Beach ultra-exclusive luxury penthouse was sold for over $22 million. The penthouse located on the ninth floor of the 12-story building offers 5,067 square feet of space and a 2,960-square-foot terrace with oceanfront views. One […]

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