New York cracks down on carbon fuel-based crypto-mining operations
New York State has banned a practice becoming more common in the crypto-mining industry – the rescuing and repurposing of mothballed fossil fuel plants to exclusively provide energy for mining digital currency.
Though it notes that the industry is growing in New York, the bill says:"The continued and expanded operation of cryptocurrency mining operations running proof-of-work authentication methods to validate blockchain transactions will greatly increase the amount of energy usage in the state of New York, and impact compliance with the Climate Leadership and Community Protection Act."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York sewer rats are easily infected by SARS-CoV-2, according to new studyNew York sewer rats are easily infected by SARS-CoV-2, according to new study biorxivpreprint Mizzou NewYork USA Rats Infection SARSCoV2 Variant COVID19
Read more »
The Walking Dead's Maggie and Negan return in first teaser for Dead City spinoffThe pair are facing new threats in New York.
Read more »
Mum dies two days after house fire that killed her two childrenPolice have been given another 36 hours to question a 31-year-old man on suspicion of killing the family
Read more »
York: Tougher rules for city's pavement cafes agreedSome cafes in York could have to stop serving customers outside after councillors agree new rules.
Read more »