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Bitcoinist

2022-11-23 10:02:49

New York Law Cracks Down On Bitcoin Mining In A Shady Move

New York Law Cracks Down On Bitcoin Mining In A Shady Move

As expected, Governor Kathy Hochul has signed into law a moratorium on Bitcoin mining in New York. The law is the first of its kind and raises far-reaching questions. Specifically, Hochul signed a bill that bans new Bitcoin mining operations that use carbon-based energy sources. However, because the bill is narrowly drawn, the state’s dozen

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