After reading the article, I'm going to have to agree with the city. I would strongly encourage anyone who disagrees to read the article as well. They're not ba

After reading the article, I'm going to have to agree with the city. I would strongly encourage anyone who disagrees to read the article as well. They're not banning bitcoin mining, they're exempting commercial bitcoin miners from a cut-rate electricity deal designed to draw in industrial operations like factories. Basically the city gives extremely cheap power to factories and other industrial enterprises in exchange for them hiring employees and generating revenue for the city. This was written overly broad, miners moved in and took advantage of it, and now the city is realizing their mistake and temporarily changing the wording of the law while they determine how to fix it long-term. Existing operations are not impacted, just new ones. I think the disagreement here is the headline is just super shitty. They didn't ban bitcoin mining, they stopped subsidizing extremely cheap electricity for commercial bitcoin mining operations. Big difference.