Last Updated on September 17, 2023 by Paganoto
New York lawmakers pass a moratorium on Bitcoin mining
New York lawmakers pass a moratorium on Bitcoin mining
New York, with abundant hydroelectricity and retired fossil fuel plants that can be restarted back up to mine Bitcoin, quickly became a new hub for Bitcoin mining. That fossil fuel resurgence has sparked backlash from some residents and environmental advocates.Jun 3, 2022
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 …
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
Kathy Hochul of New York to veto a groundbreaking bill that would temporarily halt new crypto-mining projects at fossil-fuel burning plants.
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.
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 …
A Moratorium on Crypto Mining in New York Could … – Time
A Moratorium on Crypto Mining in New York Could … – Time
The two-year moratorium gives New York more time to study the impact of the operations, as Bitcoin mining requires large amounts of energy, and …
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 …
Bitcoin's first ETF hits the New York Stock Exchange on Tuesday
Bitcoin's first ETF hits the New York Stock Exchange on Tuesday
ProShare’s Bitcoin ETF will track futures, meaning investors can speculate on Bitcoin’s price without having to … Daniel Van Boom headshot.
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.