A Small American Town Wants to Put a Moratorium on Bitcoin Mining

Posted on Mar 7, 2018

A Small American Town Wants to Put a Moratorium on Bitcoin Mining

Now, Plattsburgh could become the first municipality in the US to put a moratorium on Bitcoin mining. According to a proposed law tabled by the mayor on March 1, the city is seeking to put an 18-month moratorium on any new Bitcoin mining operations while new regulations around zoning and electricity use are drafted. A public meeting to discuss the proposal is planned for March 15.

Source: vice.com