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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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