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Why a New York Bill Barring New Crypto Mines Would Be Bad for Business

The state senate should reject the legislation, which recently passed the assembly and would place a moratorium on approvals for permits for digital mining operations that use nonrenewable energy sources.

Updated Jun 14, 2024, 4:51 p.m. Published May 6, 2022, 10:37 p.m.
New York state's capital city, Albany. (Ron Antonelli/Bloomberg via Getty Images)
New York state's capital city, Albany. (Ron Antonelli/Bloomberg via Getty Images)