Sentences with phrase «cryptocurrency mining operations results»

The city council said it needs time to consider zoning laws and lighting regulations «before commercial cryptocurrency mining operations results in irreversible change to the character and direction of the city.»

Not exact matches

Hadley Stern of Fidelity Labs tells Fortune that the U.S. based mining operation is very modest, however, and the undisclosed profits — CEO Johnson reportedly told the conference the mining «is actually making a lot of money» — are mostly the result of cryptocurrencies» dramatic rise in value.