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Cryptocurrencies: 30358
Markets: 109486
Market Cap: $2,690,561,703,467     
24h Vol: $90,429,152,435
Cryptela — Cryptocurrency News and Market Intelligence
Cryptopolitan 2022-11-30 01:52:05

PoW crypto mining banned by NY governor: Will mining become extinct?

PoW crypto mining banned by NY governor: Will mining become extinct?
Last week, New York Governor Kathy Hochul signed new regulations to ban certain crypto mining operations. The signed moratorium bans proof-of-work mining facilities that use any carbon-based power source for the new two years. Mining companies that use 100% renewable energy are exempt from this new law. The governor stated that this initiative will curb … PoW crypto mining banned by NY governor: Will mining become extinct? Read More »
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