A Moratorium on Crypto Mining in New York Could Lead to Environmental Wins Nationwide
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English - June 05, 2022 14:54 - 5 minutes - 10.5 MB - ★★★★ - 63 ratingsDaily News News Society & Culture spokenlayer Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
On June 3, the New York Senate passed the U.S.’s first statewide moratorium on cryptocurrency mining, aimed at energy-intensive operations that use fossil fuels for power.
The measure, which still needs to be signed into law by Governor Kathy Hochul, comes as the crypto mining industry has opened an increasing number of operations in the U.S. The U.S.