- Mayor Francis Suarez continues to advocate for Miami to turn out to be a Bitcoin mining hub.
- His pitch focuses on an area nuclear-power plant owned by Florida Power & Light Co.
- Many Bitcoiner’s see nuclear and hydro energy as integral paths ahead for environmentally sound Bitcoin mining.
Mayor Suarez instructed the Wall Street Journal that issues about Bitcoin’s environmental impression “come from the fact that a lot of the mining was being done in coal-producing countries.”
Nuclear energy crops are typically situated away from populated areas, decreasing the chance price for Bitcoin miners, who require solely an web connection to transfer the financial vitality for inconsequential charges.
“The fact that we have nuclear power means that it’s very inexpensive power,” Suarez instructed CNBC in June. “We understand how important this is … miners want to get to a certain kilowatt price per hour.”