Plattsburgh, NY just became the first US city to outlaw Bitcoin mining. Want to let them know what you think? Call the Mayor's office at 518-563-7701 or email: carlinb@cityofplattsburgh-ny.gov
There will always be other places to mine. It will be an impossible task for global enforcement to target mining operations based on electricity usage.
Good luck NYPD. I am not holding my breath for the death of crypto mining.
I’m not sure how you would go about proving that a crypto mining operation is taking place. I mean, it’s easy to target the large power farms… but that will lead them to simply hide their miners behind walls. Those would require warrants from the city to verify the reason for their power surge, and there are many different things they could do to hide their activity.
As for individuals with miners in their homes? I don’t think it’s possible to prove without getting a warrant and physically making sure their computers are not running mining algorithms.
IT's not a tragedy ... for small people who mining at home, how do you want to BAN it ? ... maybe big whales who pays for electricity thousands dolars can be find and ban... and honestly i am not going to regret them ..
they seem to need a regulation to extort cryptos from tax slaves
You are probably right!
There will always be other places to mine. It will be an impossible task for global enforcement to target mining operations based on electricity usage.
Good luck NYPD. I am not holding my breath for the death of crypto mining.
The USSA is hilarious
Bitcoin don`t care!
Apparently, it takes a lot of electrical power to mine cryptos. They can police it by watching electric meters.
what a bunch of losers
How do they intend to police it? And is it bitcoin or other cryptos as well!!
Better mine STEEM 😉
I’m not sure how you would go about proving that a crypto mining operation is taking place. I mean, it’s easy to target the large power farms… but that will lead them to simply hide their miners behind walls. Those would require warrants from the city to verify the reason for their power surge, and there are many different things they could do to hide their activity.
As for individuals with miners in their homes? I don’t think it’s possible to prove without getting a warrant and physically making sure their computers are not running mining algorithms.
IT's not a tragedy ... for small people who mining at home, how do you want to BAN it ? ... maybe big whales who pays for electricity thousands dolars can be find and ban... and honestly i am not going to regret them ..