First a Hum and Then a Bang –Niagara Falls Residents Forced to Reckon With Crypto Mining
NIAGARA FALLS, N.Y. - An explosion and subsequent fire rocked a Blockfusion crypto mining facility in upstate New York last week, resulting in thousands of mining rigs going offline.About three miles away, another bitcoin mine owned by U.S. Bitcoin Corp. had previously drawn the ire of some residents for being too noisy.
The new laws will likely include zoning requirements to ensure crypto mines aren't too close to residential areas, Niagara Falls Mayor Robert Restaino told CoinDesk in a phone interview on Thursday. "We have what we think is the final draft of the proposed change," the mayor said. As for next steps, he said the draft will go to the city planning board before it goes to the city council for a final vote.
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