New York State has a bill that is waiting on the Governor to sign that would ban proof of work mining. This would mean that companies would not be allowed to set up new bitcoining mining operations in the state after the bill is passed.
Even with the state Assembly and Senate passing the bill, there is no guarantee it will be signed into law. The governor is now saying that the bill will need to be looked at very closely.
News and Links
https://cointelegraph.com/news/new-york-state-senate-passes-bitcoin-mining-moratorium
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I can be reached by email at mcintosh@genwealthcrypto.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!
Website
Music Credits
Protofunk by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
The following music was used for this media project:
Music: Ethernight Club by Kevin MacLeod
Free download: https://filmmusic.io/song/7612-ethernight-club
License (CC BY 4.0): https://filmmusic.io/standard-license
Artist website: https://incompetech.com
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