Saturday 22 September 2018

Why the phone is ringing off the hook for real estate in a small, upstate NY town

A hydroelectric dam in upstate New York is like a moth to a flame for crypto miners looking for property. Its surrounding areas’ cheap electricity is driving interest in property from miners near and far, according to the New York Times. “Back last fall when Bitcoin was at $15,000 to $20,000, we were getting eight to 10 calls a week and they were wanting to set up within two or three weeks,” Andrew McMahon of […]



source https://therealdeal.com/2018/09/22/why-the-phone-is-ringing-off-the-hook-for-real-estate-in-a-small-upstate-ny-town/

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