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Bitcoin Mining Ban Bill Makes It Out of New York State Assembly Committee

The legislation aims to put in place a two-year moratorium on the kind of crypto mining used to secure the Bitcoin network.

Coinmint's bitcoin mine in Massena, New York, pictured in 2020. (Prieur Leary)
Coinmint's bitcoin mine in Massena, New York, pictured in 2020. (Prieur Leary)