New York State Assembly environmentalists vote to ban PoW cryptocurrency mining
The New York State Environmental Protection Agency approved a bill to ban the mining of Proof-of-Work (PoW) cryptocurrencies, including bitcoin, for two years. The bill was drafted under the auspices of the state’s Climate Leadership and Community Protection Act, which requires New York’s greenhouse gas emissions to be reduced by 85% by 2050. If the bill is passed by the New York State Assembly, the State Senate and signed by Governor Kathleen Hochul, then mining…
