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[CrazySher]

As miners have to face Intensive problem in mining due to their governmental rules and bans and also they didn't get any support from big industries. And now they are in their worst condition.

But now the Mayor Francis Suare of Miami welcomed the chinese miners to Miami and said that this is a ideal place for mining and the power is also cheap here as it is produced from nuclear energy.

 

[Niftyicon]

I think this is a good opportunity for miners who have had their activities stopped in China since they are being welcomed with open arms in Miami.

 

[CryptoStar19]

Texas is another crypto-friendly state in the US and some of these miners from China are considering moving there. Overall this migration is great for bitcoin: in the short-term it's making all other miners more profitable and in the long run it will cause bitcoin's hashrate to be more evenly distributed across the world (less concentrated in China).

 

[SCAMEXPOSER]

I know it may take a while for the miners to settle in other countries like the US but when they do China will loose relevance significantly.

 

[LutherKing]

Yes taxing is good revenue is good soon they will ask for tax and will generate revenues from the miners for using the space bitch style badass idea for profiting

 

[CryptoStar19]

Miami and Texas are becoming safe havens for miners... this is great for the US and it's great for bitcoin because it will mean that those miners will have 1 -- access to more reliable energy sources (in China many of them had to move often to switch between hydropower and coal sources of electricity depending on changing dynamics) and 2 -- a smore stable / friendly political environment toward crypto.

 

[Josemendez]

I believe they have taken a very huge step and this will enable them to be able to create a source of revenue for themselves at no risk since the miners will be using clean energy

 

[Razor1911]

I believe they have taken a very huge step and this will enable them to be able to create a source of revenue for themselves at no risk since the miners will be using clean energy

The energy resource is the main concern due to which the recent fall of market was seen. If in future we have clean energy resources, then all our problems will be solved.

 

[GoldenLady]

I think this is a good opportunity for miners who have had their activities stopped in China since they are being welcomed with open arms in Miami.

This will help them establish base. It's also good for Miami, since this means people with money will settle there. This will boost business activities for the locality.

 

[Brain]

The miners would be really excited has they are welcomed with open arms by the major but I think Miami will begin to have higher influx of miners now so they should be a good rule guarding this

 

[Wisdom01]

The miners would really find comfort , since they are been welcomed by the mayor , it's a great development for them as they would actually want to mine more which inturn fetch the city revenue in form of tax

 

[Mariappa45]

Since mining BTC is blocked in China the best place to make it, it's simply moving to the territory that accepts it, and US is the ideal place for the miners.

 

[BullyMaguire]

Miami mayor being always ahead of everyone when it comes to Cryptocurrency.. i wonder.. he looks like a really good leader and thinks of what's gonna make his city improve

 

[BullyMaguire]

Since mining BTC is blocked in China the best place to make it, it's simply moving to the territory that accepts it, and US is the ideal place for the miners.

Some are already migrating i think since the ban.. other countries are accepting them aswell but i think this is the safest place since they support it fully

 

[Mariappa45]

Some are already migrating i think since the ban.. other countries are accepting them aswell but i think this is the safest place since they support it fully

Yes, USA is the best place when it comes to BTC and other coins activities. That's the new home of miners since China crackdown.

 

[BullyMaguire]

Yes, USA is the best place when it comes to BTC and other coins activities. That's the new home of miners since China crackdown.

Hopefully they don't follow the path china took that bans Cryptocurrency.. well most investors are from there anyways so it won't happen easily

 

[Mariappa45]

Hopefully they don't follow the path china took that bans Cryptocurrency.. well most investors are from there anyways so it won't happen easily

That's it dear. Now those miners have found new home in the united states of America and also in the UK where crypto is accepted.

 

[Chibson]

The Chinese ban on bitcoin mining really made a lot of miners to be stranded. This is actually a very good development coming from the Mayor.

 

[Omotunde]

Miami is ready and it is the best place to mine bitcoin because of its green energy. It is true that the electricity used in Bitcoin mining is not environmental friendly and it is better to shift to the use of more environmentally friendly electricity to power the Bitcoin mining rig which is what Miami has given the bitcoin miners.

 

[Wisdom01]

Miami is ready and it is the best place to mine bitcoin because of its green energy. It is true that the electricity used in Bitcoin mining is not environmental friendly and it is better to shift to the use of more environmentally friendly electricity to power the Bitcoin mining rig which is what Miami has given the bitcoin miners.

I am really glad that the country is creating a better platform or medium for mining Bitcoin ,at least it's very much okay that way , lot of people are ready to mine , all they need is the encouragement from the government and some little consideration and they are good to go