New York Is The First In U.S. To Ban Crypto-Mining After Operations Deplete 10 Percent Of Town’s Electricity

In a town where electricity comes cheap, and electricity flows quickly, cryptocurrency miners have flocked to its source off the St. Lawrence River, taking full advantage of its currents, depleting the town of almost 10% of its electricity. Did you know mining for cryptocurrency requires a butt-load of electricity? In a small town like Plattsburgh, New York, it doesn’t have to worry about paying absurd prices for its electricity or going into the open market to purchase more of it. Until now. On Thursday, the small town of Plattsburgh, New York got shocked from a voltage of its own by