New York Imposes 2-Year Moratorium on New Proof of Work Mining After Gov. Hochul Signs Bill Into Law
New York Imposes 2-Year Moratorium on New Proof of Work Mining After Gov. Hochul Signs Bill Into Law
CoinDesk 2022-11-23 03:44:53
The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive proof-of-work (PoW) cryptocurrency mining.