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Title: City of Plattsburgh Proposes a Moratorium on Cryptocurrency Mining Farms Post by: Jeffery Musk on March 14, 2018, 11:37:36 AM The moratorium will affect large mining farms using more than 250-kilowatt hours and exclude hobbyists. The city is set to welcome many mining farms due to lower electricity rates but this would put pressure on utility forcing it to but more costly power in the market.
Know More: Coinpedia (https://coinpedia.org/news/plattsburgh-moratorium-cryptocurrency-mining-farms/) Title: Re: City of Plattsburgh Proposes a Moratorium on Cryptocurrency Mining Farms Post by: stompix on March 14, 2018, 01:35:42 PM Such a poor written article, it's garbage!!!!
Quote Mayor of Plattsburgh Colin Read has said that the development in cryptocurrencies in the city. (what the...) It had happened so fast and they will need to first figure out a way.(again) Thus, ensuring that it is being done right in order to keep the community safe. (somebody has a dot fetish) He said many farms want to establish operations in the city. Quote Reed said since crypto mining farms cannot seek to stop using electricity. At present, the city has to deal with the issue of safety. Hence the moratorium will be a time when the city will first figure out proper building and zoning codes. Since to ensure mining farms do not present fire hazards in the community. I swear, Bart Simpson would have written a far better article!!!! The reality is totally the opposite: Plattsburgh Officials Want Bitcoin Miners to Vacate the Small Town https://news.bitcoin.com/plattsburgh-officials-want-bitcoin-miners-to-vacate-the-small-town/ Quote Any firm, person, corporation, or other entity that shall establish, place, construct, erect or in any way site or locate a Commercial Cryptocurrency Mining operation described in this local law in the City of Plattsburgh in violation of the provisions of this Local Law shall be subject to, in addition to any penalties prescribed by state or local law, a civil penalty of not more than $1,000.00 for each day or part thereof during which such violation continues. |