New York May Crack Down On Crypto Mining

The New York Assembly wants to stop cryptocurrency mining operations from setting up shop in the state’s shuttered power plants. Assembly member Anna Kelles has drafted legislation meant to pause crypto mining in the state, and reduce greenhouse gas emissions from the power-intensive industry.Assembly Bill A7389C calls for an amendment of the state’s environmental conservation law to establish a moratorium on cryptocurrency mining operations that operate using proof-of-work authentic