Description: Cryptocurrency miners are flocking to New York’s faded industrial towns, prompting concern over the environmental impact of huge computer farms.
Source: NYTimes.com
Date: Dec 05, 2021
Link: https://www.nytimes.com/2021/12/05/nyregion/bitcoin-mining-upstate-new-york.html
Questions for discussion:
- How is cryptocurrency mining changing the economies of the communities mentioned?
- What is the true cost of these mining operations?
- Should governments interfere in any way, say by taxing the use of electricity?
- How would that affect the value of these mines?
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