Miami mayor opens city doors for Chinese bitcoin miners

Miami mayor and prominent bitcoin proponent Francis Suarez has declared that the doors of his city are open for Chinese bitcoin miners who are currently facing intense crackdowns brought about by officials of their home country.

In an interview with CNBC, the official said, “We want to make sure that our city has an opportunity to compete. We’re talking to a lot of companies and just telling them, ‘Hey, we want you to be here.’”

Suarez, who has also admitted that he holds the asset, has been engaging in a series of measures to make Miami one step ahead of other American cities by having bitcoin and other disruptive and innovative technologies integrated into the city’s operations.

Miami as hotbed for bitcoin

This year, the city became host to the largest bitcoin-related conference of all time, dubbed as “Bitcoin 2021.” In addition to that, Miami also hosts a Bitcoin white paper.

Moreover, there is a possibility that soon enough, city residents will be able to pay taxes using the largest cryptocurrency by market capitalization. Bitcoin currently trades at $35,407, according to tracking from CoinGecko.

With all of these, as a result, Suarez’s city could now be considered as “hotbed” for the most significant digital currency and as it appears, the mayor is far from done in publicly showing support for bitcoin.

Enticing Chinese bitcoin miners

For now, the mayor’s focus turns to bringing bitcoin’s most critical industry to his city and although he admits he hasn’t personally received calls from Chinese miners, the official said he wants to entice them with Miami’s supply of clean and cheap nuclear energy.

“The fact that we have nuclear power means that it’s very inexpensive power. We understand how important this is… miners want to get to a certain kilowatt price per hour,” said Suarez, adding that they are working with the bitcoin miners regarding the matter.

Image courtesy of Cointelegraph News/YouTube

Source: https://bitcoinerx.com/bitcoin/miami-mayor-opens-city-doors-for-chinese-bitcoin-miners/