why york bitcoin boom

Last Updated on November 12, 2023 by Paganoto

Why New York State Is Experiencing a Bitcoin Boom

Why New York State Is Experiencing a Bitcoin Boom

Cryptocurrency miners are flocking to New York’s faded industrial towns, prompting concern over the environmental impact of huge computer farms.

Fight Looms Over New York's Bid to Slow Crypto-Mining Boom

Fight Looms Over New York's Bid to Slow Crypto-Mining Boom

Crypto interests are lobbying Gov. Kathy Hochul to veto a groundbreaking bill that would temporarily halt new crypto-mining projects at …

Why New York State Is Experiencing a Bitcoin Boom | Currency News

Why New York State Is Experiencing a Bitcoin Boom | Currency News

Cryptocurrency miners are flocking to New York’s faded industrial towns, prompting concern over the environmental impact of huge computer farms.

New York lawmakers pass a moratorium on Bitcoin mining

New York lawmakers pass a moratorium on Bitcoin mining

New York’s Bitcoin mining boom faces uncertainty after the state Senate passed a moratorium on certain cryptomining operations.

Eric Adams' hopes for NYC bitcoin boom blocked by …

Eric Adams' hopes for NYC bitcoin boom blocked by …

Although it died in the Assembly, having one of the two houses of the Legislature ban cryptocurrency mining was a worrying signal.

Fight looms over New York's bid to slow crypto mining boom

Fight looms over New York's bid to slow crypto mining boom

Across the nation, some states are trying to entice cryptocurrency mining companies to set up shop, offering tax incentives in the hopes of …

How New York's Shuttered Power Plants Are Leading to a …

How New York's Shuttered Power Plants Are Leading to a …

New York has become an ideal location for US-based Bitcoin mining due to its cheap hydroelectric power and abundance of shuttered power plants …

Fight looms over New York's bid to slow crypto-mining boom

Fight looms over New York's bid to slow crypto-mining boom

Puerto Rico, which is battered by hurricanes and threatened by sea level rise, is experiencing coastal erosion at an alarming rate, scientists …

A New Threat to New York's Clean Energy Goals: Bitcoin Mining

A New Threat to New York's Clean Energy Goals: Bitcoin Mining

Seeking to ride the boom, the plant’s new owners plan to quadruple the power used to process Bitcoin transactions by late next year.

A Moratorium on Crypto Mining in New York Could … – Time

A Moratorium on Crypto Mining in New York Could … – Time

The Greenidge Generation bitcoin mining facility, in a former coal plant by Seneca Lake in Dresden, N.Y, on Nov. 29, 2021. Ted Shaffrey—AP Photo.