An Armenian company has installed an extra 60MW cloud hosting facility situated at a nearby power plant as cryptocurrency miners search for new places.
“People come here and start realizing that there’s way more tech talent than they thought,” Mayor Francis Suarez said of Miami. Credit... Mayor Francis Suarez of Miami is selling his city as the world’s cryptocurrency capital. “We want to be on the next wave of innovation,” he told DealBook.
According to multiple reports, Miami’s own form of cryptocurrency payment, MiamiCoin, is slated to make its debut this month. According to CityCoin’s official website for MiamiCoin, “MiamiCoin is the first CityCoin to market, [and is] built to support the Magic City while rewarding its holders through the Stacks Protocol.”
The city of Miami has launched its own cryptocurrency called MiamiCoin ($MIA) that will reward users with Bitcoin. The new crypto will also be used to fund projects and events in the city. Don’t miss out on how smart money is playing the crypto game.
It's just two months since the city hosted Bitcoin Miami and promised to become the Bitcoin (BTC) capital of the world. Now, Miami has snatched the crypto headlines once again as it launches its own digital currency, MiamiCoin (MIA).
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