• For the first time, a US city has banned cryptocurrency mining

    8 monthes ago - By Chron

    Reuters/Christinne Muschi
    The city of Plattsburgh, New York is imposing an 18-month moratorium on commercial cryptocurrency mining.
    Due to its low electricity costs, Plattsburgh is an attractive place to set up a commercial cryptocurrency mining operation, since it uses up a lot of electricity.
    Commercial cryptocurrency mining has caused Plattsburgh to exceed its allotted monthly power budget, which forced the city to buy power on the open market for a higher cost.
    The purchase of electricity from the open market has caused significantly higher electricity bills for Plattsburgh residents.
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  • A rare piece of real estate hidden in plain sight underneath a New York City church was put on the market for $7 million

    A rare piece of real estate hidden in plain sight underneath a New York City church was put on the market for $7 million

    8 monthes ago - By Business Insider

    A New York City church is selling the last remaining crypt in its catacombs for $7 million.
    These catacombs - beneath the 200-year-old Basilica of St. Patrick's Old Cathedral - were previously off-limits, but the church recently began public tours in 2017.
    The crypt available inside is one of the only remaining full-body, in-ground burial plots in Manhattan.
    One lucky family can now opt to live in Manhattan for eternity - for a price of $7 million.
    The Basilica of St. Patrick's Old Cathedral , a Catholic church in downtown New York City, recently put a unique piece of real estate on the...
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