U.S. Bitcoin Corp. Expected to Settle With City to Resume Mining in Niagara Falls
Blog iconRaju Gupta
Apr 5
S. Bitcoin Corp is expected to settle with the city of Niagara Falls in New York state in a deal that will allow the mining firm to resume its bitcoin mining operations. The 50-megawatt (MW) facility has been contentious due to noise complaints from residents. In early March, State Supreme Court judge Edward Pace ordered USBTC to stop operations at the Buffalo Ave. site and pay a $1 million fine. A company spokesperson confirmed the site, which has a computing power capacity of 1.1 exahashes/...

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