New York Gov Kathy Hochul Signs Bill Limiting Cryptocurrency Mining Wsj New york has become the first state to restrict cryptocurrency mining after gov. kathy hochul on tuesday signed a two year moratorium, calling the move necessary to help protect the. The new law sets a two year moratorium on new and renewed air permits for fossil fuel power plants used for energy intensive “proof of work” cryptocurrency mining — a term for the computational process that records and secures transactions in bitcoin and similar forms of digital money.

New York Gov Kathy Hochul Signs Bill Limiting Cryptocurrency Mining Albany, n.y. (ap) — new york is taking a first in the nation step to tap the brakes on the spread of cryptocurrency mining, under legislation that gov. kathy hochul signed tuesday. New york is taking a first in the nation step to tap the brakes on the spread of cryptocurrency mining, under legislation that gov. kathy hochul signed tuesday. the measure comes. The new law sets a two year moratorium on new and renewed air permits for fossil fuel power plants used for energy intensive “proof of work” cryptocurrency mining — a term for the computational process that records and secures transactions in bitcoin and similar forms of digital money. New york gov. kathy hochul has signed a new law banning cryptocurrency mining that uses carbon based energy. the law requires crypto mining companies to use 100% renewable energy.

Ny Gov Hochul Signs Legislation Limiting Cryptomining Mainly Due To The new law sets a two year moratorium on new and renewed air permits for fossil fuel power plants used for energy intensive “proof of work” cryptocurrency mining — a term for the computational process that records and secures transactions in bitcoin and similar forms of digital money. New york gov. kathy hochul has signed a new law banning cryptocurrency mining that uses carbon based energy. the law requires crypto mining companies to use 100% renewable energy. — new york could become the first state in the nation to curtail cryptocurrency mining after state lawmakers approved a two year moratorium early friday. the measure—which attracted intense. New york gov. kathy hochul has signed into law a two year moratorium on issuing or renewing air permits for one narrow form of cryptocurrency mining that the state legislature passed earlier this year. In a memorandum related to her signing the bill, hochul said that the law will prohibit environmental conservation law permits from being issued for two years to proof of work cryptocurrency mining operations that are operated through electric generating facilities that use a carbon based fuel. Gov. kathy hochul on tuesday signed the controversial measure into law that would create the first in the nation temporary pause on new permits for fossil fuel power plants that house.

New York Governor Hochul Signs Law Limiting Concealed Carry Of Firearms — new york could become the first state in the nation to curtail cryptocurrency mining after state lawmakers approved a two year moratorium early friday. the measure—which attracted intense. New york gov. kathy hochul has signed into law a two year moratorium on issuing or renewing air permits for one narrow form of cryptocurrency mining that the state legislature passed earlier this year. In a memorandum related to her signing the bill, hochul said that the law will prohibit environmental conservation law permits from being issued for two years to proof of work cryptocurrency mining operations that are operated through electric generating facilities that use a carbon based fuel. Gov. kathy hochul on tuesday signed the controversial measure into law that would create the first in the nation temporary pause on new permits for fossil fuel power plants that house.