Inexpensive power— long one of our region’s biggest economic assets—is luring cryptocurrency mining operations to North Country cities and towns. In turn, these operations drive up local power prices as the businesses generate fortunes for their owners but very few local jobs.
To examine the issues at stake, ANCA hosted a one-day summit on June 5, 2018 at SUNY Plattsburgh. How we manage this growing trend to the benefit of our towns and villages could have a big impact on the economic future of our region.
Cryptocurrency: Impacts, challenges and opportunities for our regional economy
Date: Tuesday, June 5, 2018
Time: 10:30 am to 3:30 pm
Location: Yokum Hall, SUNY Plattsburgh, 101 Broad Street, Plattsburgh, NY
Presentations from the day:
Colin Read, Mayor, City of Plattsburgh
Amanda Lavigne, Energy Director, Adirondack North Country Association
Keith Hayes, Vice President, Economic Development, New York Power Authority
View the summit agenda.
Thank you to the following sponsors whose support made this event possible:
Questions about the summit may be directed to Jacob Vennie-Vollrath at email@example.com or (518) 891-6200.
For media coverage of how crypto mining is affecting two North Country cities, read the New York Times article about the subject.