Miami's mayor looks to woo Chinese bitcoin miners with low energy prices and clean nuclear power

Clean power make this a good idea

LTC Eugene Chu The NIMBY's will probably kill it.

"MIAMI – Mayor Francis Suarez says Miami’s doors are open to bitcoin miners in China who are currently scrambling to find a new home after Beijing made it clear that their days are numbered.

Mining is the energy-intensive process which both creates new coins and updates the digital ledger of all transactions of existing tokens. More than half of all miners are currently based in China, but a mass exodus is already underway. Where they’re going, however, isn’t yet clear."