New York


Finance

Riot Blockchain Starts Move Away From New York Hosting Site

The crypto miner continued to sell its bitcoin, along with peers feeling the squeeze of the bear market.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Finance

New York Environmental Regulators Deny Greenidge’s Power Plant Permit

Greenidge Generation has been in hot water with environmentalists for its use of fossil fuels to power its bitcoin mining operation on New York’s Seneca Lake.

The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)

Finance

Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate

The bitcoin miner has struggled to recover its hashrate since moving its operations out of China.

Blockfusion's mining facility in Niagara Falls, New York, that hosts Bit Digital's mining rigs. (Eliza Gkritsi/CoinDesk)

Policy

ADAM CEO Michelle Bond Announces Bid for US Congress

Bond, who describes herself as an “America First conservative,” is running as a Republican in New York’s 1st congressional district.

ADAM CEO Michelle Bond (Michelle Bond)

Policy

NYC Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on PoW Mining: Report

The city's pro-crypto mayor plans to ask Gov. Kathy Hochul to veto the bill to stop proof-of-work mining temporarily.

New York Governor Kathy Hochul (left) and Mayor Eric Adams (Spencer Platt/Getty Images)

Videos

NY Governor Has Not Signed Bill That Cracks Down on Bitcoin Mining Yet

Core Scientific founder Darin Feinstein discusses the future of Bitcoin mining after New York lawmakers pass a bill that would temporarily freeze new crypto mining projects at fossil fuel-burning plants.

Recent Videos

Policy

New York’s Crypto Regulator Publishes Formal Stablecoin Guidance

NYDFS laid out strict reserve and attestation requirements for stablecoin issuers in an effort to better protect consumers and financial institutions.

Nueva guía para la emisión de stablecoins en Nueva York. (Gary Hershorn/Getty Images)

Finance

PayPal Converts Conditional Virtual Currency License to Full BitLicense

The payments giant announced it would let users withdraw their crypto holdings to their own wallets earlier today.

PayPal has successfully converted its conditional BitLicense to a full one. (Getty Images)

Policy

Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill

A moratorium on new PoW mining projects that use behind-the-meter fossil fuel energy is now on the NY governor's desk.

The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)