Ny bitcoin mining ban

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The Senate voted in favor one such facility to operate. In NovemberCoinDesk was firms have also repurposed defunct using natural gas.

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US Bitcoin Mining Ban Coming Soon?
The partial ban comes as upstate New York has become attractive to companies that mine digital currencies, including Bitcoin. The region has an. New York's law temporarily bans cryptocurrency mining companies that use fossil fuels from receiving or renewing operating permits. premium.coinrost.biz � /11/22 � nyregion � crypto-mining-ban-hochul.

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View More Lines. When properly developed, facilities that utilize zero-emission energy sources add millions of dollars in tax revenue and bring economic development to communities otherwise burdened with shuttered properties. The annual global energy use for PoW authentication is equivalent to that of the country of Sweden and exceeds the energy consumption of all the global activity of major tech companies like Amazon, Google, and Facebook combined. Create an account. John C.