City in New York to restrict Bitcoin Mining

City in New York to restrict Bitcoin Mining

Plattsburgh, the city in the U.S. state New York, foresees an 18-month “moratorium on commercial mining operations.” Mayor Colin Read stated that the consumption of power has increased in the area due to bitcoin mining operations. It is also emphasized that the increased use of power has impacted the ratepayers. The matter would be set for public hearing on March 15.

Leave a Reply

Your email address will not be published. Required fields are marked *