Bitcoin Mining Was Just Banned in a Small Town
http://archive.is/FHDB1/
>A small lakeside town in upstate New York is fed up with Bitcoin miners using up so much of its low-cost electricity.
>Plattsburgh gets cheap power from the St. Lawrence River, driving down electricity costs for residents, but it exceeded its allotted amount of hydropower in December and January, according to a local newspaper. Some complained that their bills surged as much as $300.
>For a year and a half, the almost 20,000-resident city will not consider new applications for commercial cryptocurrency mining. And if you break the rules, you’ll owe Plattsburgh up to $1,000 for each day you violate the moratorium.
First lootbox freemium shitware, now this.
POWER WASTING GPU HOARDING PYRAMID SCHEME NEO-GOLDBUGGERERS PUBLICLY EXECUTED SOON