New York’s new cryptomining law, which will establish a two-year moratorium on new or renewed permits for proof-of-work cryptocurrency mining operations, won’t affect New York’s two fossil-fuel-powered proof-of-work Bitcoin mining operations. However, this law is expected to draw attention to how cryptomining harms the environment.
Read this blog post by Peter Mantius for more information: https://waterfrontonline.blog/2022/11/29/new-yorks-new-cryptomining-law-will-spotlight-industrys-massive-energy-use-greenhouse-gas-emissions/
