47 days ago • Posted by Jasper Lawler

New York bill proposes banning crypto mining for 3 years over its carbon footprint

A bill seeking to “pause” crypto mining for three years in New York was referred to the state's Environmental Conservation committee on May 3.

Crypto miners in New York may be subject to a forced three-year hiatus if the latest environmentally-focused bill passes in the state senate.

Source: CoinTelegraph

Not a lot of crypto mining is done in New York but the bigger risk is that the idea could spread to other more dense mining regions.

#Cryptocurrencies
New York bill proposes banning crypto mining for 3 years over its carbon footprint
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