08-03-2019 21:25 via timesunion.com

New York's North Country cryptomining boom goes bust

PLATTSBURGH — A year ago, this North Country college town on the shore of Lake Champlain found itself in the middle of an unexpected tech boom. Due to the region's abundance of low-cost hydroelectric power, Bitcoin "miners" were opening up shop as part of a race to cash in on the cryptocurrency craze.But because such miners use electricity-hungry networks of computer servers to generate the digital lucre, longtime residents were seeing their energy costs skyrocket.Angry and a bit worried a
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