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Cheap power drew bitcoin miners to this small city. Then came the backlash



Plattsburgh, New York, doesn’t look like ground zero for a gold rush. But cryptocurrency prospectors have installed thousands of energy-gobbling mining machines while taking advantage of dirt-cheap electric rates. And the invasion has some locals up in arms, while offering opportunity for others. Economics correspondent Paul Solman reports on the impacts of bitcoin mining.

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Written by frances

Lawyer, Believer, Idea Agent, Database Wrangler, Human Casserole. I want to see your peacock.

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