Genesis Mining has decided to discontinue its Bitcoin mining services in New York, following the enactment of the state’s regulatory framework BitLicense. In the blogpost released Wednesday, the contract mining company thrashed the license for impeding the growth of Bitcoin startups, stating that it has been created to intentionally hurt the companies associated with digital currencies. It further accused BitLicense for bringing guidelines that are complex, expensive and impossible to comply with. Except: “We […]
