- Mayor Francis Suarez continues to advocate for Miami to turn into a Bitcoin mining hub.
- His pitch focuses on an area nuclear-power plant owned by Florida Energy & Gentle Co.
- Many Bitcoiner’s see nuclear and hydro energy as integral paths ahead for environmentally sound Bitcoin mining.
Mayor Suarez advised the Wall Street Journal that issues about Bitcoin’s environmental impression “come from the truth that a variety of the mining was being achieved in coal-producing nations.”
Nuclear energy crops are typically situated away from populated areas, reducing the chance price for Bitcoin miners, who require solely an web connection to maneuver the financial vitality for inconsequential charges.
“The truth that we’ve nuclear energy signifies that it’s totally cheap energy,” Suarez advised CNBC in June. “We perceive how essential that is … miners need to get to a sure kilowatt worth per hour.”