The New York Senate has greenlighted a bill aiming at suspending new carbon-based proof-of-work (PoW) mining operations in the state. The bill was also passed in April by the state Assembly and now aw...
Tag: NonRenewable
Non-renewable Crypto and Bitcoin mining to be stopped for 2 years in New York
Bitcoin mining machines will soon be banned in New York state Specialists express law and order and modest power in the US are a draw for bitcoin diggers They use energy-swallowing PCs competition ...
New York State to Halt Non-Renewable PoW Mining for Two Years
The New York State Assembly has imposed a two-year moratorium on proof-of-work Bitcoin mining citing environmental concerns. The bill will halt the expansion of mines using non-renewable energy. An as...
New York State Assembly Passes Bill Blocking New Cryto Mines That Use Non-Renewable Power
However, advocates of the bill noted that existing facilities would remain unaffected by the bill, as well as any facilities that tap renewable resources. The bill itself specifies that the New York D...