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So the truth is that people are using electric heaters instead of gas/oil based heating systems, and they are somehow blaming it on bitcoin mining? Also should
by coding123 9y ago
So the truth is that people are using electric heaters instead of gas/oil based heating systems, and they are somehow blaming it on bitcoin mining?
Also shouldn't the law be written to specify any electricity usage over a certain wattage? I don't know anything about Plattsburg, NY but why would a local factory that uses 100 megawatts be more "allowed" to use electricity than a bitcoin miner?
What if the bitcoin miner (or any high-wattage business) sets up their own 1 MW solar array?
If the city has power deals that is bad for itself, why punish its residents with a law like this?
- sirclueless 9y agoIt sounds like a bandaid to paper over a poorly-conceived program of incentives while they work out something more permanent. They were using their power plant as a loss-leader to attract industry. Which explains why the local factory is "more allowed;" it's presumably because they expect the factory to generate more jobs and tax revenue than the bitcoin miner.
- overcast 9y agoNo one in Plattsburgh, NY is setting up a solar array. It's winter for 9 months of the year.
- ballenf 9y agoInstead of a flat cap, a MWH per employee would likely align best with the city's stated goals.
- dwighttk 9y ago>So the truth is that people are using electric heaters instead of gas/oil based heating systems, and they are somehow blaming it on bitcoin mining? what? >What if the bitcoin miner (or any high-wattage business) sets up their own 1 MW solar array? Why would a business that moved to (or set up in) Plattsburg to take advantage of the 2¢/KWh rate build any sort of energy production?