Plattsburgh, New York Deliberates on Stricter Cryptocurrency Mining Rules

2018-10-16 00:18

US City Deliberates on Stricter Rules for Crypto Miners

New York’s Plattsburgh is mulling over the idea of enforcing tougher requirements on commercial cryptocurrency mining farms operating in the city.

A councilor of Plattsburgh's Common Council, Patrick McFarlin called for a new act of law to bring on “zoning regulations” for commercial crypto mining activities. The proposition is expected to go for public hearing in the coming days.

With the proposed regulations, several categories such as fire safety, heat, nuisance abatement and special use permits will be affected. The implication of the law if approved would be that crypto mining farm operators in the city would immediately be required to keep the ambient temperature inside their facilities within 120 degrees Fahrenheit (48.8 degrees Celsius) at any time.

A contravention of this requirement would mean that the mining farm operators must ensure that “no more than 20 percent of the heat dissipated by the mining activity shall be released directly to the outside.”

The councilor further suggested enforcing a cap on noise generated by mining farms.

“No mining operation should produce more than 90 decibels (dB) from a distance of 25 feet from the exterior of the containment structure, to avoid any adverse effects for the residents,” he detailed in the proposal.

Elsewhere in his proposal, Patrick McFarlin also pushed for a mandate that mining farm equipment must be

“housed in an individually metered, electrically grounded and metal-encased structure,” adding: “All building requirements required by this section … shall be designed by a New York State licensed engineer and in accordance with all applicable codes and standards.”

The proposed regulations follow a decision made by the city in March to introduce an 18-month moratorium on new mining operations after residents raised concerns over increased electricity costs and other issues.

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