Image default
Business

New York governor passes moratorium on Proof-of-Work mining

The state of New York now has stricter laws on crypto mining thanks to Kathy Hochul, the governor of the state. The measure places a two-year freeze on the issuance of new permits for mining operations that use proof-of-work and are powered by carbon-based fuel. The law was already adopted by the New York Senate […]

Related posts

Justin Sun’s FTX ‘solution’ meets tepid response from the community

Jason Goodall

Binance announces ‘Industry Recovery Fund’ to help cash-strapped projects

Jason Goodall

Should institutions worry about the crypto-winter? State Street says…

Jason Goodall