Cryptocurrency heating


TO FILL US IN. LIZ: 19-YEAR-OLD RYAN BRIENZA,
WHO PARTIALLY OWNES A
CRYPTOCURRENCY MINING OPERATION
IN THE CITY OF PLATTSBURGH, SAYS
HE COULD HELP SAVE THE CITY
THOUSANDS OF DOLLARS ON ITS ELECTRIC BILL. HE BUILT A BOX THAT HOUSES UP TO
100 CRYPTO-CURRENCY MINING
COMPUTERS. WHICH SOLVE COMPLEX MATH
PROBLEMS IN ORDER TO GET
BITCOIN, A VIRTUAL CURRENCY
VALUED AT THOUSANDS OF DOLLARS. A LOT OF HEAT IS GENERATED FROM
THE MACHINES WORKING NON-STOP. BRIENZA, ESSENTAILLY WANTS TO
USE THE HEAT GENERATED FROM
THESE COMPUTERS, TO HEAT CITY
BUILDINGS, LIKE THE CRETE
CENTER.>>THE ENTIRE CITY OF
PLATTSBURGH HEATS ELECTRICALLY
ALREADY. SO WE CAN PLACE ONE OF THESE
BOXES OUTSIDE ONE OF THESE
BUILDINGS, USE THE EXISTING
ELECTRICAL INFRASTRUCTURE AND
THE ELECTRICAL LOAD THAT THAT
HEAT’S ALREADY PULLING IN THE WINTER TO POWER OUR
CRYPTOCURRENCY MINING RIGS AND
EXHAUST THAT HEAT INTO THESE
BUILDINGS. NBC 5 NEWS REACHED OUT TO MAYOR
COLIN READ TO ASK ABOUT THIS. HE WASN’T AVAILABLE FOR AN
INTERVIEW, BUT BRIENZA SAYS HE’S
RECEIVED THE CITY’S SUPPORT. THE ONLY THING STANDING IN
HIS WAY WAY, IS THE CITY’S
MORATORIUM ON CRYPTOCURRENCY
MINING. WHICH THE CITY COUNCIL SAYS IT
HOPES TO LIFT IN THE COMING
MO

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