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Writer's pictureFahad H

The City That Banned Bitcoin Mining


On March 15th, 2018, town of Plattsburgh in upstate New York issued an 18-month moratorium on cryptocurrency mining.

Plattsburgh is a part of a long-standing energy settlement that offers town an allotment of among the least expensive electrical energy wherever on this planet, however a current inflow of cryptomining corporations and their energy-draining rigs have raised energy costs on the expense of the final inhabitants.

The ban is supposed to be a short lived association, however it may doubtlessly finish all cryptomining funding within the metropolis.

WATCH NEXT: CryptoHarlem is Teaching Encryption to the Over-Policed and Heavily Surveilled — https://vice.video/2EJvKlg

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