Bitcoin mining continues in the North Country amid price swings, rate battles

PLATTSBURGH — Two years after cryptocurrency miners were pouring into this college town near the Canadian border, the boom in this exotic new high-tech industry hasn’t quite turned to bust. But it has calmed down, and a sense of reality has settled in.

One of the main players in the business left town amid a price dispute. But Plattsburgh residents have filled some of the gap, buying their own “mining” computers to seek out this new form of currency and help with their home heating bills.

Yes, you read that right: “There are dozens if not hundreds of small miners who use the excess heat to replace electric baseboard heaters and generate some revenue at the same time,” Plattsburgh Mayor Colin Read said in an email.

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