Today news
About the same in other media
09.12 - 03:25
New York puts brakes on crypto mining
Reading now: 268
fnlondon.comNew York has become the first state to restrict cryptocurrency mining after Governor Kathy Hochul on 22 November signed a two-year moratorium, calling the move necessary to help protect the environment.
The new law, which took effect immediately, will prevent the reactivation of fossil-fuel power plants for off-the-grid cryptocurrency mining. Cryptocurrency miners earn digital cash by solving mathematical equations with computers that require large amounts of energy to power. Mining that taps into the electrical grid will...
Read more on fnlondon.comAbout this in other media
Russia on the Verge of Legalizing Crypto Mining cryptonews.com /1 year ago
Alameda ex-CEO Caroline Ellison spotted in New York, Twitter users claim cointelegraph.com /1 year ago
New Play-to-Earn Crypto Game: Get in on the Action for a Low Price cryptonews.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
