National cryptocurrency industry groups had lobbied Gov. Kathy Hochul to veto the environmental ban, fearful that other states could follow New York’s lead. Source: New York Times
Posts published in “Mines and Mining”
Fight Looms Over New York’s Bid to Slow Crypto-Mining Boom
By Gotham Rex on June 7, 2022
Crypto interests are lobbying Gov. Kathy Hochul to veto a groundbreaking bill that would temporarily halt new crypto-mining projects at fossil-fuel burning plants. Source: New York Times
A Bitcoin Boom Fueled by Cheap Power, Empty Plants and Few Rules
By Gotham Rex on December 5, 2021
Cryptocurrency miners are flocking to New York’s faded industrial towns, prompting concern over the environmental impact of huge computer farms. Source: New York Times