Environmental Hazard or Economic Boon? Legislators Spar on Bitcoin Mining in New York
Legislators opposed to a bill enacting a temporary moratorium on proof-of-work cryptocurrency mining are warning that it could harm New Yorkers often excluded from traditional financial markets, sources say.
Sam Mellins · April 27, 2022
Asm. Anna Kelles' bill to place a two-year moratorium on energy-intensive crypto mining passed the state Assembly on Tuesday. | Assemblymember Anna Kelles
Greenidge power plant in Dresden, New York | Greenidge
Asm. Clyde Vanel speaks about the Digital Currency Task Force bill. | Assemblymember Clyde Vanel
Sam Mellins is senior reporter at New York Focus, which he has been a part of since launch day. His reporting… more
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