RATE Group | Bitcoin Mining: The fightback against bitcoin energy guzzlers has begun
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Bitcoin Mining: The fightback against bitcoin energy guzzlers has begun

31 Jul Bitcoin Mining: The fightback against bitcoin energy guzzlers has begun

Posted at 11:59h in Bitcoin News by

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Ronen Tivony/NurPhoto via Getty Images

Plattsburgh, New York, perches on the shores of the vast Lake Champlain on the US-Canada border. It’s a small city – population less than 20,000 – with clapboard houses and an impressive city hall. During the Cold War, the busy local air force base hosted B-52 bombers, F-111 fighters and air-refuelling tankers – but since the base closed in 1995, the town has relied on tourism and the small industrial businesses that fill the hangars and halls left unclaimed by the city airport. Back in 2016, the city seemed to be turning the corner with a $10 million development grant from the state’s governor to revitalise the weary downtown district. Then the bitcoin miners arrived.

“The resident hobbyists are no problem,” says Plattsburgh mayor Colin Read. “But when out of towners noticed cheap rates…

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