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Topic: New York passed a bill against Bitcoin mining - page 2. (Read 287 times)

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A controversial bill seeking to limit proof-of-work (PoW) cryptocurrency mining is moving forward in New York state. Said project will impose a two-year suspension on the approval of any new Bitcoin mining company.

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MP Anna Kelles mentioned: “I am excited that my bill seeking to limit cryptocurrency mining has passed the Assembly as part of the #EarthDay package! Thank you to all the cosponsors and advocates who helped get this bill up for a vote".
These entities carried out this environmental project, so to speak, in order to avoid the renewal of permits granted to PoW cryptocurrency miners who make excessive use of carbon-based energy, managing to increase the amount of electrical energy consumed, as is more Sure. These generate a strong environmental impact. Make no mistake, there is no talk of a mining ban, what is being talked about is a ban on new permits for said miners for two years. It should be noted that, in the meantime, facilities that are currently operating with coal will not be able to renew their licenses if they decide to increase the amount of energy they need for mining.


Electric energies used in different countries, Source: fuente: https://www.xataka.com/criptomonedas/bitcoin-como-desastre-medioambiental-que-sea-mayor-despilfarro-energetico-historia-depende-su-futuro


Cryptocurrency energy consumption, Source:fuente: https://www.xataka.com/criptomonedas/bitcoin-como-desastre-medioambiental-que-sea-mayor-despilfarro-energetico-historia-depende-su-futuro

Let's just hope that all these laws that are coming don't go that far or at least while looking for a more sustainable mining solution for the environment. Although there is currently talk of an acceptable energy for mining known as PoS energy or also as renewable energy, these come from abundant and clean resources that do not produce greenhouse gases or other harmful emissions for the environment such as CO2 emissions, something that does happen with non-renewable energies such as fossil fuels.
Information extracted from:https://criptotendencia.com/2022/04/28/asamblea-del-estado-de-nueva-york-aprobo-un-proyecto-de-ley-contra-la-mineria-de-bitcoin-2/
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