New York Bitcoin Miners Charged Higher Electricity Rates

The New York State Public Service Commission (PSC) has ruled that upstate power companies can charge bitcoin miners higher electricity rates who may be trying to take advantage of the state’s cheap electricity supply.
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Last week, it was reported that Plattsburgh city in upstate New York had imposed a temporary 18-month bitcoin mining ban, becoming the first city to do so. First proposed earlier this month by the city’s mayor, Colin Read, it was unanimously voted on permi