Bitcoin mining banned in NY’s Plattsburgh over electricity usage

Mining bitcoin and other cryptocurrency requires a huge amount of electricity, and that’s a problem for modern day prospectors in search of a fortune. Mining operations have popped up in New York’s Plattsburgh, a small city with incredibly cheap electricity rates due to its proximity to a hydroelectric dam. Mining operations have gravitated to the city to take advantage of … Continue reading source: https://www.slashgear.com/bitcoin-mining-banned-in-nys-plattsburgh-over-electricity-usage-16523489/ via #PCH3lp by: Brittany A. Roston

Original Post: https://www.slashgear.com/bitcoin-mining-banned-in-nys-plattsburgh-over-electricity-usage-16523489/