The Mayor of Miami is offering Chinese Bitcoin miners clean nuclear power in the city

As the mining concentration of Bitcoin (BTC) increases in North America, Miami Mayor Francis Su Asrez is trying to position his city as a hub for crypto mining activities.

Speaking to CNBC on Thursday, Mayor Su¡rez said he was inviting foreign mining companies to consider setting up data centers in the city.

According to Su¡rez, Miami’s abundant nuclear power supply should appeal to Bitcoin miners looking to use clean sources of energy to run their operations, especially given current attention to the alleged carbon footprint of crypto mining.

The Mayor of Miami is offering Chinese Bitcoin miners clean nuclear power in the city
The Mayor of Miami is offering Chinese Bitcoin miners clean nuclear power in the city

Mayor Su¡rez has spoken out on the issue earlier, claiming in March that 90% of Bitcoin mining was due to “dirty energy”.

At this moment, The Mayor of Miami argued that shifting the mining concentration to the United States could help alleviate environmental concerns.

As part of efforts to attract foreign bitcoin miners, Mayor Su¡rez said that city officials would work with electricity companies to try to cut energy costs. Other incentives such as cheap taxes and minimal regulations are on the table, said the Mayor of Miami.

By using cheap, clean energy and crypto-friendly regulations, Miami can compete with other emerging mining destinations in Texas and Wyoming.

The plan could also expand Miami’s crypto adoption campaign, with the city seeking to become the world capital of bitcoin and cryptocurrencies.

Mayor Su¡rez is a proponent of cryptocurrencies and has previously said that he owns both Bitcoin and Ether (ETH). As Cointelegraph previously reported, the Mayor of Miami bought BTC after Congress passed the $ 1.9 trillion stimulus bill in March.

Su¡rez’s open invitation to miners abroad also comes at a time when the Chinese authorities are stepping up their crackdown on crypto mining. On FridayAccording to reports, crypto miners in Ya’an, a city in Sichuan province, have been ordered to cease operations.

With anti-crypto-mining sentiments apparently prevalent among Beijing authorities, friendlier climates like Miami may be attractive to miners leaving China. In fact, some miners are already considering plans to leave the country; A BTC.top spokesman told Cointelegraph: “Yes, we want to go abroad.”

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