New York bill proposes to ban crypto mining for 3 years over carbon concerns A bill seeking to “pause” crypto mining for three years in New York was referred to the state s Environmental Conservation committee on May 3. 11341 Total views News
Crypto miners in New York may be subject to a forced three-year hiatus if the latest environmentally-focused bill passes in the state senate.
The New York Senate Bill 6486 was proposed by Democrat senator Kevin S. Parker, the Chairman of Committee on Energy and Telecommunications, and co-sponsored by fellow Democrat senator Rachel May, the Chair of Committee on Aging, Chair of Legislative Commission on Rural Resources.