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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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