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New York State Senate Passes Bitcoin Mining Moratorium

The state Assembly had already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.

By Nikhilesh De, Cheyenne Ligon
Updated Apr 9, 2024, 11:14 p.m. Published Jun 3, 2022, 5:32 a.m.
Clark Vaccaro, acting president and chief strategy officer at BaSIC, a local trade organization, holding up a sign after a rally against the proposed bill last month. (Nikhilesh De/CoinDesk)
Clark Vaccaro, acting president and chief strategy officer at BaSIC, a local trade organization, holding up a sign after a rally against the proposed bill last month. (Nikhilesh De/CoinDesk)