Bitcoin mining operations pushed Plattsburgh over its energy allotment in December and January, forcing the city to buy power on the open market, which is more expensive, said Dale Dowdle, a member of Plattsburgh's Common Council.
While China has evolved into a leading domicile for
bitcoin mining, the country's central bankers have been
pushing back, triggering a wave of defections among
mining operations to head for more cryptocurrency - friendly waters in the Western world, more specifically, Canada.