Ny bans bitcoin mining

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He added that there is privacy policyterms of usecookiesand the study has concluded.

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NYC HAS BANNED BITCOIN MINING?!
New York's law temporarily bans cryptocurrency mining companies that use fossil fuels from receiving or renewing operating permits. New York's two-year ban on new proof-of-work cryptocurrency mining is likely to have only a small direct effect on the power-hungry industry�. We offer every user in this world access to our latest, in-house technology.

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Proof-of-Work PoW is a decentralized consensus mechanism used to vali- date transactions and secure a blockchain. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate. Establishes a moratorium on cryptocurrency mining operations that use proof-of-work authentication methods to validate blockchain transactions; provides that such operations shall be subject to a full generic environmental impact statement review. Generic environmental impact statement. Others might share a personal anecdote about how the bill would affect them or people they care about.