New York’s Latest Bill Clamping Down On Bitcoin Mining Draws Sharp Criticism ...

New York’s Latest Bill Clamping Down On Bitcoin Mining Draws Sharp Criticism ...

While many states across the US are leaving no stones unturned to entice crypto mining companies to set up shop in their respective jurisdictions, New York’s lawmakers are moving in the opposite direction. As the NY State Legislature entered the eleventh hour of its 2022 session, an early morning vote in Albany on Friday passed a bill that potentially will impose a strict 2-year ban on all new crypto mining permits. The bill also intends to ban certain existing mining operations that run on carbon-based power sources, primarily set-ups repurposing fossil-fuel burning plants. After being....


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Is New York’s Seneca Lake Too Hot Because Of Bitcoin Mining? We Beg To Differ

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