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New York State Assembly passed a two-year moratorium on Bitcoin mining

bitcoin bitcoin miners cryptocurrency moratorium

New York State Assembly passed a two-year moratorium on Bitcoin mining

On Tuesday night, the New York State Assembly handed a two-twelve months moratorium on bitcoin mining pending a measurement of its environmental impact. The bill now goes to the Democrat-controlled  u . s . Senate. If it will become a law, it will almost honestly be the most entire law of its kind withinside the world. The Green War on Bitcoin Mining Gains Ground FIN has repeatedly (genuinely final week) written about proposals spherical the area to scale back or halt cryptocurrency mining for environmental reasons. it's miles going toward the stated desires of many nations and jurisdictions to reduce...

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