The New York Power Authority is considering a new kind of economic development scheme.
A proposed Bitcoin mining center could be built on the site of a defunct aluminum manufacturing facility in Messena, New York.
"North Country Data Center has requested a 15,000 kilowatt allocation of preservation power from the New York Power Authority for its proposed operation at the now-vacant Alcoa East plant," reports Bob Beckstead. The plant would require a $165 million investment, and could bring 150 jobs to the site.
The article also goes into detail about the Bitcoin mining process, in case you're still understandably confused about why the creation of cryptocurrency would require a mining facility that draws so much power from the grid. For additional in-depth coverage of Bitcoin mining, see also an article by Cao Li and Giulia Marchi, published by the New York Times in September 2017.
FULL STORY: Proposed data mining center at Alcoa East could bring 150 jobs to Massena
Cryptocurrency Goes in Search of Cheap Power, Finds it in Small-Town America
Some of the least expensive electricity in the country can be found in Upstate New York, where cryptocurrency miners are starting to set up shop—with or without local approval.
Power Demand is Surging in US
The U.S. has entered a new power paradigm according to a new energy analysis that warns of unprecedented new demands for power, largely from “new manufacturing, industrial, and data center facilities,” and the grid is not prepared for the surge.
New York Temporarily Bans Crypto-Mining
Could New York State’s ban on the energy-intensive activity foreshadow similar actions in other parts of the country?
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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