Re:Kazakhstan to restrict crypto miners amid power shortages
by dogman144 on Wednesday November 03, 2021 @02:20PM
(#29098438)
> this has been an issue in towns on the Hudson Valley in New York, for example.
Believe you have your NY State river valleys swapped. There's not much mining downstate. Most of the the mining in NYS is up in the North Country and pulling excess power of the St. Lawrence River and a dam up there that supplies a fair bit of power to NYS/Canada/surrounding region. There was a study from Wharton recently on the impacts of power prices as a result.
Believe you have your NY State river valleys swapped. There's not much mining downstate. Most of the the mining in NYS is up in the North Country and pulling excess power of the St. Lawrence River and a dam up there that supplies a fair bit of power to NYS/Canada/surrounding region. There was a study from Wharton recently on the impacts of power prices as a result.