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Home Cryptocurrency

NYS Assembly Passes Cryptocurrency Mining Moratorium Legislation

sonsoftoshi by sonsoftoshi
April 27, 2022
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NYS Assembly Passes Cryptocurrency Mining Moratorium Legislation
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“Within the Finger Lakes and throughout the state, outdoors speculators are invading our communities to destroy our pure assets, kneecap native companies, and hold us from assembly the essential local weather targets outlined by the CLCPA, simply to make just a few individuals very, very wealthy. I applaud the Meeting for placing New Yorkers and the planet first, and taking steps to curb this harmful business,” Yvonne Taylor, vp of Seneca Lake Guardian mentioned in an announcement issued Thursday night. “Within the absence of Governor Hochul’s management on this difficulty, the Senate should instantly take up and repass the moratorium invoice, as they did final 12 months by a considerable margin. This is a matter that issues to New Yorkers, evidenced by the 4,000 public feedback despatched to DEC about Greenidge Era’s Title V Air allow renewal, 98.8% of which have been against the plant’s cryptomining operations. Repowering or increasing coal and fuel vegetation to make pretend cash in the course of a local weather disaster is actually insane.”



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