Bitcoin banned in ny

bitcoin banned in ny

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Disclosure Please note that our by the entire New York used to secure the Bitcoin BTC network - for a that would ban so-called proof-of-work.

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I mined Bitcoin for 9 months. Was it worth it??
The New York Senate passed a bill banning cryptocurrency mining using conventional energy sources. New York's law temporarily bans cryptocurrency mining companies that use fossil fuels from receiving or renewing operating permits. In February , the state attorney general reached an $ million settlement with the stablecoin Tether and its affiliated cryptocurrency.
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You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Chamber of Digital Commerce explains effects of Terra turmoil on consumer protection. VIDEO Kathy Hochul signed a law on Tuesday banning certain bitcoin mining operations that run on carbon-based power sources. Share this bill.