The next Chinese province is putting Bitcoin miners on the curb. Miami’s mayor sees an opportunity for his city.
The Chinese campaign against the country’s own Bitcoin mining industry is entering the next round. Like the crypto blog The block reported, 26 Bitcoin mining farms in Sichuan Province are set to cease operations. This emerges from an official order that is circulating through the Chinese social media network WeChat. Then it’s about mining farms that get their electricity from state-controlled hydropower plants. The state electricity suppliers are urged to stop serving the Bitcoin miners. The deadline for this is June 20th. In addition, the electricity companies are supposed to search for further mining systems in their power grid by June 25th and to take them off the grid immediately.
Miami remains on the Bitcoin course
Meanwhile, Miami is turning into a mining Mecca – at least in the mind of Mayor Francis Suarez. The Bitcoin-savvy Republican already brought Miami into play as a potential mining hotspot at the end of 2020. In the podcast of Bitcoin evangelist Anthony Pompliano, he said at the time:
As the City of Miami, we would love to become a mining hub because we believe that 90 percent of mining should not take place outside of the United States. We can also promote green mining with clean energy in this way.
Now Suarez has gone up to singing the siren again – again with the argument that Miami can provide Bitcoin miners with “clean energy” at competitive prices. For Republicans, clean energy is nuclear power:
The fact that we have nuclear power means that it is very cheap electricity. […] We understand how important this is … the miners want to come up with a certain kilowatt price per hour. And so we work with them to
explained Suarez opposite the US news portal CNBC. He’s been getting a lot of calls right now from international mining companies flirting with moving to Florida, Suarez said. He has not yet spoken to Chinese miners on the phone. However, given the increasingly difficult conditions for BTC “Made in China”, that could change soon.