What's Hot

    Kathy Wood called bitcoin the best financial insurance

    03.02.2023

    Twitter Suspends Doge Tipping Tool

    03.02.2023

    Orion Protocol Lost $3 Million in Cryptocurrency in an Exploit

    03.02.2023
    Facebook Twitter Instagram
    Friday, February 3
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Regulators»Bill to suspend BTC mining in New York receives additional support from lawmakers
    c66538a3425e18abc39ecc161b86b1976969ecbe
    Regulators

    Bill to suspend BTC mining in New York receives additional support from lawmakers

    AdministratorBy Administrator04.03.2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    bt-crow.com

    04 March 2022 07:57, UTC

    Reading time: ~2 m


    Two more members of the New York State Assembly signed as co-sponsors of a piece of legislation that imposes a three-year moratorium on bitcoin mining across the state.

    A bill submitted by the Environmental Protection Agency to suspend Bitcoin mining in New York for three years received additional support from lawmakers. The 43 co-sponsors of the bill were joined by two more senators from the state of New York – Amy Paulin and Ken Zebrowski.

    In addition to imposing a three-year moratorium on the mining of cryptocurrencies using the PoW algorithm, the bill will require the New York State Department of Environmental Protection to assess the impact of the mining industry on water quality, air quality and greenhouse gas emissions. The moratorium will also impose a ban on the mining of cryptocurrencies at the sites of former power plants that use fossil fuels.

    Despite the support of the bill by the new senators, only 45 of the 150 members of the Senate signed the document. This is not enough for it to be sent to the governor for final approval as law.

    Earlier, EU legislators also considered the possibility of banning cryptocurrencies on the PoW algorithm. However, in early March it became known that legislators had excluded this item from the text of the bill.




    #Bill #suspend #BTC #mining #York #receives #additional #support #lawmakers

    additional Bill BTC lawmakers mining Receives support suspend York
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Why BTC has already gone into a bull market phase – on-chain

    03.02.2023

    Sri Lanka rejects Tim Draper’s proposal for BTC in the fight against corruption

    03.02.2023

    U.S. Authorities to Check Silvergate Link with FTX and Alameda Research

    03.02.2023

    BTC Trader Sentiment Hits Highest in 14 Months

    03.02.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Kathy Wood called bitcoin the best financial insurance
    • Twitter Suspends Doge Tipping Tool
    • Orion Protocol Lost $3 Million in Cryptocurrency in an Exploit
    • Ripple began looking for developers of solutions for digital national currencies
    • By the end of 2023, Ether may exceed $2,000
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.