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Started By
Message
re: Official CryptoTalk Thread
Posted on 3/17/18 at 4:50 pm to Drew Orleans
Posted on 3/17/18 at 4:50 pm to Drew Orleans
quote:
Plattsburgh, NY Becomes First City to Ban New Crypto Mining Operations
The city of Plattsburg, NY has banned new cryptocurrency mining operations for the next 18 months as the municipality seeks relief from the electricity consumed by mining operations.
Existing mining operations are exempt from the new law.
Plattsburgh Mayor Colin Read said that the town has some of the cheapest electricity in the world due to its proximity to a hydroelectric dam, which is what attracted miners to the town in the first place.
Plattsburgh gets 104 megawatt-hours of electricity per month and is charged just 4.5 cents per kilowatt-hour vs. the 10 cents per kilowatt-hour national average.
1
Posted on 3/17/18 at 6:32 pm to stout
Sub 500 ETH incoming ? Geez , its takin a beating !
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