NYS Assembly Passes Cryptocurrency Mining Moratorium Legislation
The vote on Assembly Bill A7389C passed with a simple majority, and now heads to the Senate for consideration.
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The vote on Assembly Bill A7389C passed with a simple majority, and now heads to the Senate for consideration.
The cryptocurrency Bitcoin was attempting a comeback Wednesday morning after dropping around 5% on Tuesday.
A New York bill that would ban proof-of-work cryptocurrency mining for at least two years advanced Monday.
Environmental groups and lawmakers are raising the alarm about the climate cost of bitcoin mining, while industry groups and proponents say it can be part of a ...
Major environmental groups are belatedly mounting a national pressure campaign criticizing its use of fossil fuels as the country tries to slash emissions to meet climate change goals.