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Plattsburgh, New York, doesn't look like ground zero for a gold rush. But cryptocurrency prospectors have installed thousands of energy-gobbling mining machines while taking advantage of dirt-cheap electric rates. And the invasion has some locals up in arms, while offering opportunity for others. Economics correspondent Paul Solman reports on the impacts of bitcoin mining.
Reader Rewards The industry is allowed to develop unfettered by regulation, until companies reach a certain scale or something bad happens.
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Subscribe to CNBC PRO Sept. 7, 2018, 2:32 p.m. For the "PBS NewsHour," this is economics correspondent Paul Solman in Plattsburgh, New York.
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Housing authorities in New York City and Denver, among others, have established such arrangements for some public housing residents. In Minnesota, the Rural Renewable Energy Alliance worked with the Leech Lake Band of Ojibwe to install five sets of small-scale solar arrays around their reservation, using a state grant.
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