Cloud mining service won approval for Bitcoin mining

Cloud mining service Coinmint has won approval to take over an abandoned smelter for Bitcoin mining operations on Tuesday, Jan. 30.
It would be good for Massena. I think they are highly technical jobs. We’re definitely going to look forward to something like that,” said Steven O’Shaughnessy, Massena town supervisor.
The company, a subsidiary of cryptocurrency miner Coinmint. plans to invest $165 million and employ 150 people. Workers would oversee computer servers doing lighting fast calculations 24-7 to mine for Bitcoin. One big attraction is low-cost power.
That’s been one of our main marketing points is that we have cheap reliable power,” said O’Shaughnessy.




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