Miami Mayor Francis Suarez has confirmed the city will advance a plan to pay city workers in bitcoin as part of his push to make the Florida city a major cryptoasset hub.
The highly anticipated parachain auctions, which will allocate slots to projects building on the Polkadot network, is set to kick off on November 11, although some changes to the schedule are still possible.
The United States has become the world’s largest Bitcoin mining market with a 35.4% share of the global hashrate - following a mass exodus of miners from China after the Chinese government banned cryptocurrency mining and other activities.
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Top stories in the Crypto Roundup today:
- Miami Is Moving Forward With Paying City Employees in Bitcoin
- Polkadot to Debut Highly-Anticipated Parachain Auctions
- U.S. Becomes Largest Bitcoin Mining Market
- The First Bitcoin Transactions
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