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Plattsburgh, New York has imposed an 18-month moratorium on Bitcoin mining

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Re: Plattsburgh, New York has imposed an 18-month moratorium on Bitcoin mining

#21
I can understand the case but this is just littered with perverse governance all over.

I didn't know there would be places where you could be assumed to request a mining permit? What's it to anyone else what you're doing with your computers? And why would you even tell anyone?

I wonder if the mining permit applies even if you have your own solar farm to run your machines? If not, then why call it a mining permit and not "permission to buy huge amounts of electricity"?

But also electricity should be neutral just as internet should be net-neutral. It should be so that you buy electricity and then do whatever you want with it. If this causes problems it's more than fair for the city or the power company to charge progressively as a function of usage until it doesn't make any economic sense to buy more. If each 10kWh costs more than the previous 10kWh it will set some natural limits and if someone still wants that electricity badly they would be paying enough so that the power company can buy that expensive power from other networks.

It seems to me that a lot of problems were solved backwards there.

Re: Plattsburgh, New York has imposed an 18-month moratorium on Bitcoin mining

#22

Can we get a headline update on this? Its not a ban, its not the first time a city has temporarily refused to issue new cryptocurrency mining permits, its not on Bitcoin specifically and the city is Plattsburg, NY. Every word in this headline is misleading or wrong except the word 'passed'. Better headline is right from the same article: 'Plattsburgh, New York has imposed an 18-month moratorium on Bitcoin mining to p…

Let's try the subtitle instead.

Re: Plattsburgh, New York has imposed an 18-month moratorium on Bitcoin mining

#23
post #22

Can we get a headline update on this? Its not a ban, its not the first time a city has temporarily refused to issue new cryptocurrency mining permits, its not on Bitcoin specifically and the city is Plattsburg, NY. Every word in this headline is misleading or wrong except the word 'passed'. Better headline is right from the same article: 'Plattsburgh, New York has imposed an 18-month moratorium on Bitcoin mining to p…

Let's try the subtitle instead.

Thanks!
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