One City in New York Considering Making Bitcoin Mining Illegal

Commercial crypto mining could soon be illegal in the city of Plattsburgh, New York. The mayor of Plattsburgh has bemoaned mining, saying it "increased our power usage"

One City in New York Considering Making Bitcoin Mining Illegal

Cover image via U.Today

Commercial cryptocurrency mining could soon be illegal in the city of Plattsburgh, New York. The mayor of Plattsburgh has bemoaned mining, saying it “has increased our power usage and ...is affecting our ratepayers.” One Bitcoin miner spoke with the local newspaper, suggesting that concerns should be addressed, but a full ban eschewed. If passed, this would not be the first moratorium on crypto mining in the US. In 2016, Chelan County in Washington State also banned crypto mining and raised their electricity prices.

#Cryptocurrency Mining #Cryptocurrency Regulation #Bitcoin News

About the author

David Dinkins

David Dinkins is a freelance writer who holds a Master of Arts in history from Louisiana Tech University and has extensive teaching experience both at LSU – Shreveport and University of Phoenix. He got involved with cryptocurrency in early 2014 working as part of the Dash Core Team and have served in the role of writer/editor (mostly editor) during that time. He has edited a huge number of documents for the Core Team, including the Evolution whitepaper, the PrivateSend whitepaper, and many of Evan Duffield’s communications with the Dash Community.