New York is poised to implement a two-year moratorium on some Bitcoin mining operations. The state Meeting handed A.7389C halfway by means of the legislative session to create a two-year pause on crytocurrency mining operations that use proof-of-work authentication strategies to validate transactions. The moratorium handed 91-56 with […]
Assembly
BREAKING: New York State Meeting Passes Bitcoin Mining Moratorium
On Tuesday night, the New York State Meeting handed a two-year moratorium on Bitcoin mining, pending environmental impression measurement. The information broke on Twitter: The invoice will now go to the State Senate, which is managed by Democrats. If it turns into legislation, it would nearly actually be essentially the […]