NewYork

Upstate New York Changes Electricity Rates for Cryptocurrency Miners
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In a recent press release, New York PSC clearly stated that the electricity rates will be different for the heavy duty electricity users. This clearly indicates that for the cryptocurrency minors, the electricity rates will be different. At the same point in time, it also stated that it will do

Wall Street Traders Quit after building wealth in Cryptocurrency
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Cryptocurrency has entirely changed the world of finance. It has also changed the career parts of many bright minds on Wall Street. Many people have become overnight millionaires and billionaires within a couple of years with the help of cryptocurrency. Minting money from cryptocurrencies: Adrian Xinli Zhang was working at

NY Banker says 'Cryptocurrency doesn't pass the basic test for a currency'
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John Williams, The New York (NY) Banker and likely to be the next head of New York Federal Reserve Bank (Fed) and is currently the head of the San Francisco Fed is not so excited about cryptocurrencies. Willams has spent most of his career in financial sectors such as central

New York to be part of ever growing Bitcoin mining Industry
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Popular mining industry Coinmint has received approval for 15000 kilowatts of hydroelectric power from New York Energy Authority. The company is currently operating in Plattsburgh for Bitcoin mining and expects the cryptocurrency market to grow worldwide and therefore seeks to expand its business to a second facility. As per the