#bitcoin environment

Environmentalists see Bitcoin mining power plant as climate threat – National | Globalnews.ca

An obstacle to large-scale bitcoin mining is finding enough cheap energy to run the huge, power-gobbling computer arrays that create and transact cryptocurrency. One mining operation in central New York came up with a novel solution that has alarmed environmentalists. It uses its own power plant. Greenidge Generation runs a once-mothballed plant near the shore of Seneca Lake in the Finger Lakes…

Fortress Group CEO Says Bitcoin Not An Environment Hazard

Ross Stevens, the CEO of multi-billion dollar asset management firm Fortress Investment Group in a recent interview refuted all claims of Bitcoin being an environmental hazard, a FUD that was debunked three years ago and has started doing rounds again recently. Stevens said that being an environmentalist he would have never invested in the asset if that was the case. He said, “I am an…

Bitcoin Service Harborly Moves to Texas For Favorable Bitcoin Environment

8 January 2015 | Josiah Wilmoth | cryptocoinsnews.com

Harborly, a service that lets customers buy and sell bitcoins using their local currency, has decided to base its U.S. headquarters in Texas due to the state’s favorable environment for Bitcoin companies.

Texas Has a Favorable Regulatory Environment for Bitcoin Companies

Choosing a national headquarters is a major decision for a startup. The company must consider a variety of factors, including investor networks and the regulatory environment.This decision can be especially difficult for Bitcoin companies as the regulatory environment is murky in most places and worrisome in others.