{"id":270779,"date":"2021-06-10T04:36:14","date_gmt":"2021-06-10T01:36:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/proposed-new-york-bitcoin-mining-ban-watered-down-to-allow-green-projects\/"},"modified":"2021-06-10T04:36:14","modified_gmt":"2021-06-10T01:36:14","slug":"proposed-new-york-bitcoin-mining-ban-watered-down-to-allow-green-projects","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/proposed-new-york-bitcoin-mining-ban-watered-down-to-allow-green-projects\/","title":{"rendered":"# Proposed New York Bitcoin mining ban watered down to allow green projects"},"content":{"rendered":"

“# Proposed New York Bitcoin mining ban watered down to allow green projects <\/strong>”
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A proposed crypto mining ban calling for a forced three-year hiatus on all mining operations in New York has been watered down \u2014 and will now allow green projects. <\/p>\n

The bill passed<\/a> in the senate on June 8, and has now been referred to the state assembly. If the bill is passed in the assembly, it will be delivered to Governor Andrew Cuomo to either app<\/a>rove or veto the proposed legislation. <\/p>\n

The initial New York Senate Bill 6486A sought to halt all crypto mining for three years in order to conduct environmental impact reviews on mining operations in the tri-state area.<\/p>\n

However, the bill was amended in the senate to get it over the line, and the revised<\/a> 6486B-bill is now focused solely on any firm that uses carbon-based fuel sources to power proof-of-work crypto mining. <\/p>\n

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#NYSenate<\/a> Bill S6486B, sponsored by @SenatorParker<\/a>, passed (36-27, unofficial). Establishes a moratorium on consolidated operations that use proof-of-work authentication methods to validate blockchain transactions:https:\/\/t.co\/P2gDKdPnL5<\/a><\/p>\n

\u2014 New York State Senate (@NYSenate) June 8, 2021<\/a><\/p><\/blockquote>\n