New York Enacts 2-Yr Ban on Some Crypto-Mining Operations
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>The legislation will impose a two-year moratorium on crypto-mining
companies that are seeking new permits to retrofit some of the oldest
and dirtiest fossil fuel plants in the state into digital mining
operations.
I think this might actually be a good thing?
Discriminating based on the source of the energy is a lot saner than the usual “mining BAD” we hear from governments.
This is a little bit contradictory, no? I mean if they’re talking about mining BTC, how does keeping the supply scarce hurt the price? Missmewiththatbullshit