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US City of Salamanca Bans Crypto Mining in the Area of its Utility

Published 08/13/2018, 10:47 AM
Updated 08/13/2018, 12:00 PM
 US City of Salamanca Bans Crypto Mining in the Area of its Utility

Salamanca, a small city in upstate New York, has imposed a moratorium on the mining of cryptocurrency, using the electricity supplied by the town’s utility provider in the area.

According to a publication of the local news outlet The Salamanca Press, the city council unanimously voted last week to ban any crypto mining operations. The goal of the measure is to prevent “people of using up all the residents’ power and effectively make all of them get a price increase on their utility ...


This article appeared first on Cryptovest

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