Altcoins New York Crypto Mining Power Rates Approved by State Regulators. Published 7 months ago on July 13, 2018 By Coinnounce - Coin Announcements Share Tweet New York state regulators have affirmed another power rate conspire for New York Crypto mining people that will enable them to arrange contracts. A while back the state of New York offered authorization to 36 metropolitan power specialists to charge New York crypto mining people more than different shoppers. The Massena civil utility will present another rate structure for crypto diggers who are occupied with leading activities there. The utility will think about contracts on a case-by-case premise, which will shield other utility clients from expanded rates. New York State Bureau of Open Administration Seat John Rhodes said in a statement: “We should guarantee that business clients pay a reasonable cost for the power that they expend. In any case, given the wealth of minimal effort power in Upstate New York, there is a chance to serve the necessities of existing clients and to energize financial improvement in the area.” Because of a wealth of hydroelectricity, New York is known for shabby power rates. Private buyers in Massena pay a vitality charge of about $0.039 per kilowatt-hour, where the national normal private rate is $0.13 per kilowatt hour. The state has turned into a goal for computerized money diggers, who utilize great particular PCs for the vitality escalated action. Locales wealthy in hydroelectric influence have opposed the convergence of excavators over the previous year either throughout and out bans on the business or expanded influence costs. In Spring, the city of Plattsburgh, New York passed a ban on new New York crypto mining tasks in the city. The greatest New York crypto mining task in the city supposedly utilized 10 percent of Plattsburgh’s 104 megawatt hour (Mwh) power assignment in January and February. In Quebec, Canada, commonplace utility Hydro-Quebec proposed another administration under which blockchain organizations will be required to offer for power and evaluate expected employment creation and venture. The utility tries to apportion up to 500 megawatts, notwithstanding 120 megawatts of officially existing activities. The beginning rate is 1 Canadian penny ($0.0076) per kilowatt hour, which is 20 percent over the standard cost. Related Topics:Bitcoin miningBITCOIN MINING NEW YORKBITCOIN MINING NYCcrypto miningCRYPTO MINING RATEcryptocurrency miningnew yorkNEW YORK CRYPTO MININGNEW YORK CRYPTO MINING COSTNEW YORK CRYPTOCURRENCY MININGNEW YORK MININGNEW YORK MINING RATESNYCNYC CRYPTO MINING Up Next Bitcoin ATM Franchise. Everything you need to know about it. Don't Miss Cardano Price Analysis ADA/USD might approach $0.1340, 13 July. Continue Reading You may like Crypto News: Bitmain $500 million loss, Bitcoin Mining Scam, RippleNet Top 20 Bitcoin Mining Pools 2019 Alert: Unknown BTC Miners taking over the Bitcoin Mining Network Is Bitcoin Mining still Profitable? Another Bitcoin Mining Giant Goes Down: Bitcoin Cash Fears of Centralization How to protect your cryptocurrency from hackers 4 Comments 4 Comments Pingback: New York Crypto Mining Power Rates Approved by State Regulators. – Btc News Magazine Pingback: New York Crypto Mining Power Rates Approved by State Regulators. – The Coinage Times Pingback: New York regulators approve new electricity rates for cryptocurrency miners | Malay Today Pingback: New York Crypto Mining Power Rates Approved by State Regulators. – CryptoNews – Cryptocurrency news, bitcoin, ethereum, blockchain, smart contracts Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Altcoins Best Tools to track Cryptocurrency Markets: CryptoCompare, CoinMarketApp, CoinGecko Published 1 month ago on January 16, 2019 By Janet F. Sanchez The cryptocurrency market includes the prices and market capitalizations of different Cryptocurrencies like Bitcoin, Ethereum, Stellar and many others. Currently, there are thousands of cryptocurrencies, markets are 16084 and market capitalization is about $124,123,711,224. There are different websites and mobile applications designed to keep the track of cryptocurrency market, we cover the Top 3 of these: CryptoCompare.com Known for its high-end API and real-time tick data, CryptoCompare has been serving the cryptocurrency space from 2014. Founders: Charles Hayter & Vlad Cealicu CryptoCompare shows real-time data for more than 5300 Coins and 240k trading pairs, enough for an entire overview of the market. Users can see live Order books, historical data, reports, social data and reviews on all cryptocurrencies. The website is very easy to use and is free for everyone. CoinGecko.com We love CoinGecko because it focuses on tracking community growth, events hosted by teams and open-source code development apart from the usual price tracking, market capitalization and volume traded. It was also founded in 2014. Founders: TM Lee, Bobby Ong & others CoinGecko’s team is very dynamic and is very active on social media like Twitter, Telegram & Facebook. They cover more than 260 exchanges with live data and have more than 3300 cryptocurrencies. They are free for everyone to use. CoinMarketApp (Mobile Application) When it comes to easily track the live prices and your portfolio on your mobile, CoinMarketApp is the preferred choice for most. With live alerts on more than 1400 Cryptocurrencies, the app saves your time and alerts you on every move. Download on Android Download on iOS Apart from cryptocurrency prices, the app lets you manage your portfolio, mining pools, new contracts and the latest news from the crypto industry. Continue Reading Altcoins Cryptocurrency Market Updates: Bitcoin May fall further Published 3 months ago on November 24, 2018 By Layla Harding The cryptocurrency market is still facing the same bullish trend today, yet again. Bitcoin price recovered a little with trading around $4300 to $4400. Yesterday the price of bitcoin fell up to $4190. Ethereum is still trading at a year and a half low of $125. Apart from ethereum, most altcoins are showing small corrections. Bitcoin Cash moved 3% upwards while Monero has moved 4% upwards in the last 24 hours. Bitcoin Gold and Bitcoin Diamond have had good gains for the day with 8% and 16% rise. IOTA is trading at around $0.32 which shows a 6% improvement from yesterday’s price. NEO is up by 5%. However, the small gains are nothing in front of the massive downtrend these altcoins went through in the past couple of days. Cryptocurrency Market Capitalization Improved The total cryptocurrency market cap yesterday came down up to $136 billion which was the lowest of 2018. In the last 24 hours, cryptocurrency market has managed to add $4 billion in the market capitalization adding to $140 billion. Over the last week, the cryptocurrency market had lost over $40 billion and over the last month, around $70 billion have been erased from the cryptocurrency market capitalization which is yet to be recovered. Bearish predictions for bitcoin While the market cap is trying to recover the price predictions for bitcoin still remain bearish as many cryptocurrency analysts have predicted that the only support after the current significant support of $4000 is at $3000. So if the price drops below $4000, it will definitely reach down to $3000 after which the price is expected to recover. The overall situation of the market is still harsh as there is no major recovery from the massive losses that occurred in the past few days. What do you think about the bitcoin predictions being made by crypto analysts? Tell us in the comments section below. Continue Reading #Bitcoin Bitcoin Cash Hard fork screwed the whole cryptocurrency market Published 3 months ago on November 19, 2018 By Layla Harding The original Bitcoin Cash split into Bitcoin ABC and Bitcoin SV during the hard fork but no one is sure to weather BCHSV or BCHABC will survive in the market as the hash wars still continue. The hard fork has lead to an uncertain future of Bitcoin Cash and also screwed the whole cryptocurrency market. The Price of both the new coins is on a continues decrease where Bitcoin Cash ABC values at around $226 and Bitcoin Cash SV values at around $76. Cryptocurrency Market Crash The whole cryptocurrency market is suffering because of the continues wars going on between the two teams which have created a bad reputation of the crypto space to the newbies. At this time when more and more institutional investors were entering into the cryptocurrency space, the hard fork has created a feeling of Fear, Uncertainty and Doubt amongst them. BTCUSD yearly chart As the hard fork started, the entire cryptocurrency market faced a downfall where all major cryptos are on a 6 month low with bitcoin trading around $5200 that is a yearly low for the most dominant cryptocurrency. The decline is the price has created fear in the minds of investors who are now talking about capitulation. Should Craig Wright be blamed? Craig Wright who claims to be the real Satoshi Nakamoto and the founder of the original bitcoin has been funding his side of the war using BTC. Cryptocurrency enthusiasts around the world are criticizing Craig Wright and also calling him a lier. To all BTC miners… If you switch to mine BCH, we may need to fund this with BTC, if we do, we sell for USD and, well… we think BTC market has no room… it tanks. Think about it. We will sell A Lot! Consider that…. And, have a nice day (BTC to 1000 does not phase me) pic.twitter.com/oUScEahtWc — Dr Craig S Wright (@ProfFaustus) November 14, 2018 Oh. And @JihanWu and @rogerkver selling… they will also have to sell BTC to pay rented hash. If this is a long war… expect 2014 prices in BTC… think what that does… Have a nice day — Dr Craig S Wright (@ProfFaustus) November 14, 2018 The local media’s role The real reason behind the rise of cryptocurrency and blockchain was the mass adoption by people who heard about it through local media. At that time, the local media described bitcoin and other cryptocurrencies as the future of money explaining the decentralized nature of such currencies, but now due to the wars within the cryptocurrency ecosystem, the local media has started to criticize cryptos and people have started to lose faith in the crypto market. If the amount of money being used in such hash wars would have instead been used for the development of the crypto ecosystem with advancements such as lightning network, the market could still be flourishing rather than being on the verge of getting sunk. Continue Reading Advertisement Advertisement Advertisement Advertisement Latest Crypto News #Exchange5 hours ago German’s Giant Derivatives Exchange to launch BTC, ETH and XRP futures. #STO5 hours ago STO: Thailand set to legalize Security Token Offerings #Scam21 hours ago Bitconnect Scam: How to receive $2.5 Billion Refund from FBI? #Bakkt22 hours ago Bakkt: How will it affect Bitcoin Price? 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