Virginia Beach Rolls Out Tax Cuts for Data Centers and Bitcoin Miners Seize the Oppertunity!
Mining in America (Virginia, and many other places)
Companies are taking advantage of the tax breaks being offered by Virgina Beach to open mining pools. Although the tax break has been in effect for about a year now, people are starting to take advantage of this, and now with Americas supporting the mining Hash, it will take away some of the power from the Eastern mines. In my opinion these companies will be taking a portion of their profits to expand and quickly become a serious player in the mining space, then others will follow suit. This is huge for Bitcoin adoption, and adoption is one of the main variables that affects price. Bitcoin adoption is moving forward and those who do not move with it will be left behind. For those of us who are investing now, we will be rich when the Lightning Network goes live (late 2019 to early 2020 For those of you who are not aware of the Lightning Network I included a link with more info. That is all for now.
https://www.yesvirginiabeach.com/media/Lists/news-releases/Attachments/294/Press%20Release.pdf
https://pilotonline.com/business/article_b410c493-1c2a-53fb-a83a-02ca4a41b940.html
Telling ya, we need to start a company. Just need to find someone who can design us a sha 256 chip :)
Been thinking about it, we can talk more soon.