Is New York Actually Going To Ban Proof-Of-Work Mining? –
The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or at least making it very hard for mining facilities and home miners to operate from the state. The New York State Assembly will soon vote on a bill that will “create a moratorium on proof-of-work mining operations unless 100% of their energy comes from renewable sources.” That’s according...