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New York Governor Kathy Hochul has signed Bill A7389C, placing a moratorium on certain kinds of “Behind-The-Meter” mining for 2 years. While Crypto Caverns’
New York is the first state in the nation to formally put a halt to cryptocurrency mining.
New York is the first state in the nation to formally put a halt to cryptocurrency mining.
New York Gov. Kathy Hochul (D) on Tuesday signed a law temporarily restricting cryptocurrency mining in the state over environmental concerns, making it the first state nationwide to implement such a move. The bill was delivered to the governor on Tuesday after the state legislature passed the measure in June, and The Associated Press reported…
New York is taking a first-in-the-nation step to tap the brakes on the spread of cryptocurrency mining, under legislation signed by Gov. Kathy Hochul.