Blockfusion's Crypto Mine in Niagara Falls Shut Down Due to Zoning Ordinances
As soon as the city's moratorium on the industry was lifted, Blockfusion was ordered to shut down over zoning issues.
The city of Niagara Falls in New York state, which has been the epicenter of a fight over bitcoin
Bit Digital (BTBT), a mining firm that hosts 17% of its machines at Blockfusion's site in Niagara Falls, received the notice just four days after a moratorium on the industry was lifted on Sept. 30, the firm said on Tuesday. The notice ordered Blockfusion to "cease and desist from any cryptocurrency mining or related operations at the facility" until it complies with city zoning laws.
The notice actually came into effect just a day after the moratorium was lifted. The hosting firm is applying for new permits, a process which might take months, Bit Digital cited Blockfusion as saying.
Neither Bit Digital nor the mayor's office could be reached for comment at the time of publication.
In December 2021, Niagara Falls implemented a moratorium on bitcoin mining so the city could figure out rules involving the industry. The state of New York passed a similar measure in June.
Residents are upset about noise coming from the bitcoin mines, especially one run by U.S. Bitcoin Corp., which is close to a residential area.
The Blockfusion site suffered from an explosion in May, such that Bit Digital's machines went offline. Power was restored to the site in September, said Bit Digital.
Read more: First a Hum and Then a Bang: Niagara Falls Residents Forced to Reckon With Crypto Mining
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Crypto group counters Wall Street bankers with its own stablecoin principles for bill

After the bankers shared a document at the White House demanding a total ban on stablecoin yield, the crypto side answers that it needs some stablecoin rewards.
Wat u moet weten:
- The U.S. Senate's crypto market structure bill has been waylaid by a dispute over something that's not related to market structure: yield on stablecoins.
- The Digital Chamber is offering a response to a position paper circulated earlier this week by bankers who oppose stablecoin yield.
- The crypto group's own principles documents argues that certain rewards are needed on stablecoin acvitity, but that the industry doesn't need to pursue products that directly threaten bank deposits business.













