Press 2018-08-31T21:33:18+00:00

COINMINT IN PRESS

Please find below recent press articles about Coinmint.

Cryptocurrency: Virtual money, real power, and the fight for a small town’s future

Driving into the small town of Wenatchee, Washington, about three hours east of Seattle, a sign welcomes you to the “Apple Capital of the World.”

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An old Alcoa plant in Upstate New York is going to be converted into one of the world’s largest bitcoin mining centers

Despite bitcoin’s price decline this year, a cryptocurrency “mining” company is moving ahead with plans to repurpose a 1,300 acre plot once used by Alcoa for aluminum smelting.

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Coinmint to Invest up to $700 Million in New York Mining Center

Coinmint has announced it commenced operations at its newest crypto mining facility in New York. Operated via its wholly owned subsidiary, North Country Data Center Corporation, it is already mining several cryptocurrencies including bitcoin, dash and ether.

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$700 Million Bitcoin Mining Farm Coming to Upstate New York

Upstate New York may soon be home to the world’s largest bitcoin mining center if the ambitious plans being undertaken by cryptocurrency mining firm Coinmint fall into place.

Coinmint, through its subsidiary North Country Data Center Corp., has invested $50 million so far to convert a 1,300-acre Alcoa aluminum smelting plant in Massena, NY.

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Bitcoin Mining Firm Coinmint Confirms Plans for $700 Mln Project in Upstate NY

Cloud mining service Coinmint confirmed it would press ahead with opening a Bitcoin mining plant in an abandoned smokestack in Upstate New York, CNBC reports June 5.

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Coinmint To Invest $700 Million in Former NY Aluminium Plant

Coinmint has reached an agreement with the local authorities of Upstate New York’s Massena country. The New York Power Authority (NYPA) decided to support an initiative by NCDC, the Coinmint subsidiary North County Data Center, to open a bitcoin mining facility in the premises of the old aluminum smelting plant known as the Alcoa East Facility.

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Coinmint Set To Open Massive Bitcoin Mining Farm In Upstate New York

Coinmint, the cloud mining platform has unveiled its latest Bitcoin mining facility located in upstate New York. The company revealed the new site in a statement released on June 5, 2018. The Coinmint facility becomes the latest Bitcoin mining farm in North America as there continues to be an influx of cryptocurrency miners into the region.

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Coinmint launches Bitcoin Mining Security Token Auction, enabled by Securitize.io

Coinmint, operator of the world’s largest digital currency data center, today announced the launch of its token auction through its partnership with security token issuance platform, Securitize.io. Each token is equivalent to one terahash (TH) of Bitcoin mining processing power

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Coinmint’s Bitcoin Mining Project is a Crypto Cloud Facility Worth $700 Million

According to reports on June 5th, the Coinmint mining service announced that they would continue with the creation of their Bitcoin mining plant. It is planned to establish the plant in Upstate New York in an abandoned smokestack, which is a 1300-acre space that was previously the home of an aluminum smelting plant and will be fully complete by the end of 2019.

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Bitcoin Miner Aspires to Launch Largest Crypto Mining Facility in the U.S.

Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York

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Coinmint Partners with Securitize on Bitcoin Mining Security Token Offering, Investors Said to Receive Daily Payouts

Coinmint, an operator of a very large cryptocurrency mining center, has commenced a security token offering (STO) in partnership with Securitize.

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Crypto Miner to Transform Former Alcoa Plant into World’s Largest BTC Miner

Bitcoin miner Coinmint intends to go on with its plans to transform Alcoa’s 1,300-acre site, which was previously used for aluminum smelting, despite the declining price of Bitcoin. On Tuesday, the company announced that it is ready to invest up to $700 million in the new plot located in New York state close to the Canadian border.

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Coinmint Expects New York Crypto Mining Facility To Be World’s Largest

Coinmint signed a lease for the 1300 acre Alcoa site in Massena, New York, which has a 435-megawatt power capacity, on December 1, 2017. Operations to convert the space into a cryptocurrency mining farm are now underway after a reported $50 million investment. Significant expansion is planned for the next 12 months, which is expected to bring the total investment to $700 million dollars.

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New York Might Become Home to the World’s Largest Bitcoin Mining Center

If the striving plans being taken by cryptocurrency mining firm Coinmint turns out successful, upstate New York might soon turn out to be the world’s largest bitcoin mining center. Coinmint, through its subsidiary North Country Data Center Corporation, has spent about $50 million so far to change a 1,300-acre Alcoa aluminum smelting plant in Massena, NY.

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Coinmint Setting up a 435 Megawatt Bitcoin Mining Operation in New York

Bitcoin mining has become a major business venture over the years, and various companies and investors are taking a closer look at it. An old Alcoa plant in New York will be turned into a major Bitcoin mining operation soon. This $700m investment will create 150 new jobs in the process.

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Coinmint To Spend $700 Million On New Bitcoin Mining Center

A matter of kilometers from the Canadian border and the hubs of Ottawa and Montreal, stands the small town of Massena, NY. The population is just over 12,000. But now, a 10-year lease deal will see a $700 million Bitcoin mining center opened, which is expected to become the largest of its kind in the world.

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New York a crypto mining hub

New York may soon be home to the world’s largest bitcoin mining center if the ambitious plans being undertaken by Coinmint fall into place. In June, a mining company through its subsidiary North Country Data Center, invested an estimated $50 million to convert a 1,300-acre Alcoa aluminum smelting plant in Massena, New York into a mining station.

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COINMINT LAUNCHES BITCOIN MINING SECURITY TOKEN AUCTION

Coinmint has announced the launch of its token auction through a partnership with its security token issuance platform, Securitize.io. Each token is the equivalent of one terahash of Bitcoin mining processing power. Securitize.io’s first-of-its-kind, fully automated system allows accredited investors to receive daily payouts.

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Coinmint To Begin Bitcoin Mining On An Old Alcoa Plant

Residents of Massena Town in upstate New York are jubilant after one of the largest digital currency data center, Coinmint, reported that it is setting up a bitcoin mining company in the town. The company will re-purpose an old aluminium smelting plant that was abandoned 4-years ago.

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A Bitcoin Miner’s Guide to America’s Cheapest Electricity

The average retail residential cost of a kilowatt-hour (kWh) of electricity in the United States is right around 10 cents. Like all averages, there are lower and higher costs. For large industrial consumers, the U.S. average falls below seven cents per kWh. In one U.S. city, Massena, New York, the industrial rate was a mere $0.02 per kWh.

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Coinmint launches Bitcoin Mining Security Token Auction, enabled by Securitize.io

Coinmint, operator of the world’s largest digital currency data center, today announced the launch of its token auction through its partnership with security token issuance platform, Securitize.io. Each token is equivalent to one terahash (TH) of Bitcoin mining processing power. Securitize has designed a first-of-its-kind, fully automated system that allows accredited investors to receive daily payouts.

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World’s Largest Digital Currency Data Center Announces Partnership with the Leader in ASICs Mining Technology

Today, Coinmint, a firm that utilizes data servers to process digital currency transactions, and Innosilicon, a semiconductor design firm specializing in cryptocurrency mining ASICs, announce their partnership that marries the largest global mining capacity with the most efficient mining technology in efforts to corner the digital currency processing market.

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World’s Largest Digital Currency Data Center Commences Operations

Coinmint, a firm that utilizes data servers to process digital currency transactions, has commenced operations through its wholly owned subsidiary, North Country Data Center Corporation. The company’s blockchain infrastructure services several prominent digital currencies including Bitcoin, Dash and Ethereum. The 1300-acre, 435-megawatt site in Massena, New York, maintains the largest capacity from a digital currency data center in the world.

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Learn more about Coinmint or speak with a member of our team.