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Assemblymember Anna Kelles (D-Ithaca) battled Bitcoin supporters on social media as she attempted to clarify the intent of a bill meant to give the state time to assess the environmental impact of the controversial process.
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 climate solution.
Lawmakers in New York push for a mining moratorium.
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 ...
LOS ANGELES: When China banned bitcoin mining last year, it launched a US cryptocurrency goldrush, with states such as New York, Kentucky and Georgia fast becoming major mining hubs, according to Reuters. New York state assembly member Clyde Vanel couldn’t be happier. “It’s a blessing that it’s happening here,” he said, pointing to the jobs the industry could create. But Anna