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The American Metropolis That Has Banned Cryptocurrency Mining...


The urban nub of Plattsburgh inwards upstate New York issued an 18-month moratorium on cryptocurrency mining. 

Plattsburgh is usage of a long-standing ability understanding that gives the urban nub an resources allotment of but about of the cheapest electricity anywhere inwards the world, but a recent influx of cryptomining companies too their energy-draining rigs accept raised ability prices at the expense of the full general population. 

The ban is meant to hold out a temporary arrangement, but it could potentially destination all cryptomining investment inwards the city. (Via Motherboard)

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