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Cryptocurrency firms search for WNY sites amid concerns of their economic development worth – Buffalo News

Posted on December 21, 2021 By Cryptocurrency No Comments on Cryptocurrency firms search for WNY sites amid concerns of their economic development worth – Buffalo News

Exterior of North East Data plant, 5380 Frontier Ave., formerly the Niagara Generation power plant in Niagara Falls, Thursday, Dec. 16, 2021.This plant has been converted into a cryptocurrency mining plant, and is still in the process of clearing old parts from the site and constructing new sections, as old industrial sites like this are being repurposed for crypto mining. Fans on roofs are exhaust fans used to pull heat generated from the server rooms.

Source: https://buffalonews.com/news/local/cryptocurrency-firms-search-for-wny-sites-amid-concerns-of-their-economic-development-worth/article_3bbd0054-5a24-11ec-934e-231b10be9bbd.html

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