Bitcoin miners in New York are responding following the passage of the New York crypto moratorium bill that, if ultimately signed by the governor in the next 10 days, will prevent new proof-of-work mi...
Tag: moratorium
Eyes on New York Governor Kathy Hochul After State Lawmakers Pass Moratorium on Proof-of-Work Crypto Mining
A bill that would create a moratorium on proof-of-work crypto mining has been approved by the New York State Senate and is now on its way to Governor Kathy Hochul’s desk to be potentially signed into ...
New York State Senate Approves Bitcoin Mining Moratorium
The upper house of New York’s state legislature has passed a bill banning new Bitcoin mining permits for a period of two years. The bill passed by the New York State Senate, by a vote of 36 to 27, had...
New York Senate passes moratorium on proof-of-work mining
advertisement The New York Senate this morning passed a bill that imposes a moratorium on new proof-of-work crypto mining operations in the state. The news means that all new proof-of-work mining oper...
New York State Senate passes Bitcoin mining moratorium
The New York State Senate approved a controversial proof-of-work (PoW) mining ban bill that would prohibit any new Bitcoin (BTC) mining operations in the state. The PoW mining ban bill was first passe...
New York State Senate Passes Crypto Mining Moratorium Bill
Key Takeaways New York has passed a bill that will establish a two-year moratorium on Bitcoin mining operations in the state. The policy will affect New York-based mining firms that do not use renewab...
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature – Mining Bitcoin News
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proo...
New York Senate Passes Two-Year Bitcoin Mining Moratorium
New York is now one step closer to becoming the first state to ban crypto mining that relies on carbon-based power sources. The news comes after the state’s lawmakers passed a bill barring new entrant...
What Does the Bitcoin Mining Moratorium Mean for New York?
Mining of Proof-of-Work (PoW) has hit a major roadblock as New York lawmakers passed a bill that bans certain mining operations that rely on carbon-based power sources. What’s at Stake? The bill calls...
New York Suggests Two-Year Moratorium on Crypto Mining
The state of New York has introduced a new bill that if passed, would officially end all future proof of work (PoW) mining operations that want to call the Empire State home. New York Could End Crypto...
The crypto industry mobilizes in New York over mining moratorium
It is the first time that the crypto industry has flexed its growing lobbying might at the US state level. On May 2, representatives of the national crypto lobby and leaders of New York’s state legisl...
What a Mining Moratorium Could Really Mean for New York’s Crypto Industry
“It’s troubling to me that a bill like this is directly targeting one specific industry. New York itself could use all the help it can get in generating jobs and keeping people here in the state, but ...
Go green or go home? What the NY State mining moratorium could mean for crypto industry
On April 26, the State of New York put itself at the forefront of the regulatory struggle with crypto, as its Assembly voted for a two-year moratorium on crypto mining operations that use energy gener...
What is next for New York’s crypto mining moratorium bill?
Earlier this week, the New York Assembly voted yes on a controversial bill that would place a two-year moratorium on certain types of crypto mining operations that use electricity generated by “...
What Future Holds For NYC’s Moratorium Bill For Crypto Mining?
After Assembly vote, NYC crypto mining moratorium bill will have to discover a route to Senate grounds before the legislative session ends. Committee still holds the bill, and can advance if it gets b...
Bitcoin Mining Moratorium Passes Vote in New York State Assembly
In a 95-52 win, the New York State Assembly has voted to pass an act that would place a two-year moratorium on Bitcoin mining. The bill will now go to the State Senate for another round of voting. “...
New York Assembly passes two-year crypto mining moratorium bill
The New York State Assembly voted to pass a bill that will essentially freeze current levels of crypto mining carbon emissions until the state can act on a comprehensive impact study. The bill passed ...
New York Crypto Mining Moratorium Bill Advances
A New York bill to place a moratorium on reactivation of fossil-fuel power plants for crypto mining has now advanced to Full Assembly. The new bill, reviewed on April 25 by the New York Assembly’s Way...
New York legislators to vote on PoW mining moratorium this week
New York’s legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several cry...
Why Is Crypto Community Against NY Assembly Pushing For A Two-year Moratorium?
Back in March, the Environmental Conservation Committee of the New York State Assembly voted to put forth a two-year moratorium bill on PoW authentication methods for blockchain crypto mining, for pow...
New York lawmaker proposes 2 year moratorium on power plants to stop growth of crypto mining
New York has become a battleground for crypto mining after lawmaker Anna Kelles submitted a proposal to “place a two-year moratorium on reactivating fossil-fuel power plants for off-the-grid cryptocur...
Power Plants to Be Subject to Two-Year Moratorium By NY Assembly?
Back in March, the Environmental Conservation Committee of the New York State Assembly has voted to put forth a two-year moratorium bill on PoW authentication methods for blockchain crypto mining, for...
White House Reportedly Plans To Extend Student Loan Moratorium This Week
Topline The Biden Administration could announce an extension to its student loan debt moratorium as early as this week, granting a reprieve to the 43.4 million borrowers who would otherwise be require...
New York’s revamped crypto mining moratorium is not a ban, but it is moving forward
New York lawmakers have advanced a proposed law that aims to rein in the state’s expanding crypto mining industry. The State Assembly’s Environmental Conservation Committee advanced a prop...
New York legislators weigh moratorium on crypto mining, while some look to an executive order from the governor
New York state lawmakers will discuss a bill proposing a two-year moratorium on proof-of-work crypto mining on Tuesday. The New York State Assembly’s Environmental Conservation Committee is hold...
Recognition for Bitcoin Mining Moratorium Bill in New York
Bitcoin Mining moratorium bill has been received tremendously in New York Suspension of mining activities in the State is gaining momentum Power consumption 24/7 has raised a lot of concerns among t...
New York Bitcoin Mining Moratorium Bill Receives Tremendous Recognition
Currently, the pressure to suspend cryptocurrency and Bitcoin mining in the United States is gaining force in New York as the New York environmental agency evaluates the impact of crypto mining on the...
New York Bitcoin mining moratorium bill garners more support
A New York State proposal to suspend fossil fuel-powered proof-of-work mining for three years across the state has gained support from two more Assembly members. Members Amy Paulin and Ken Zebrowski h...
The Village Of Massena Has Proposed A Cryptocurrency Mining Moratorium – NNY360
A moratorium has been enforced by the city, which has been extended multiple times, the most recent being till February 28. The council was scheduled to hold a public hearing on the extension of the m...
New York gubernatorial candidate calls for moratorium on proof-of-work mining
With roughly nine months until major federal and state elections, New York State gubernatorial candidate Jumaane Williams is making crypto mining an issue in his campaign, criticizing the lack of regu...