Check out the city that banned Bitcoin mining.
On March 15th, 2018, the city of Plattsburgh in upstate New York issued an 18-month moratorium on cryptocurrency mining.
According to Motherboard, “Plattsburgh is part of a long-standing power agreement that gives the city an allotment of some of the cheapest electricity anywhere in the world, but a recent influx of cryptomining companies and their energy-draining rigs have raised power prices at the expense of the general population.”
See the full story here:
To learn more, check out: Will Cryptocurrency Replace Fiat Money in the Future? and Huobi Crypto Exchange Launches an ETF.