From New York to Washington, US Anti-Bitcoin Mining Discourse Gathers Steam

The anti-Bitcoin mining movement that started in New York seems to have gradually found its way to the centre of the U.S. government seat, Washington. Reports say the U.S. government is now working on policy recommendations to lower cryptocurrency mining’s energy consumption and emissions footprint. Set to be ready in August, the report is likely to be … Read moreFrom New York to Washington, US Anti-Bitcoin Mining Discourse Gathers Steam

New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature

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 proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York PoW Mining Moratorium Legislation to Be … Read moreNew York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature