/Bitcoin Mining Banned for First Time in Upstate New York Town

Bitcoin Mining Banned for First Time in Upstate New York Town



Mining, a process by which individuals or groups get paid in new Bitcoins to run complex mathematical equations on high-powered computers in order to confirm the validity of transactions, has drawn scrutiny from environmentalists who say it’s sucking up too much electricity. Some have estimated thatĀ …

Source: Bitcoin Mining Banned for First Time in Upstate New York Town