Tiny Towns, Small States Bet on Bitcoin Even as Some Shun Its Miners

Stateline: Things have been kind of crazy in Massena, New York, since the bitcoin miners came to town. So crazy that Steve O’Shaughnessy, the new town supervisor, says he hasn’t unpacked his office since he started his job in January.

O’Shaughnessy says it’s a good thing, though. In the past decade, his town of about 13,000 on the St. Lawrence River has lost much of its main industry — as a powertrain plant closed and an aluminum manufacturing plant downsized. But now, one and possibly two bitcoin mining companies are moving in, and they have promised to create dozens of jobs.

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