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Bitcoin News & Updates / New York's Stand Against Bitcoin Mining Passes Senate
« on: June 10, 2021, 12:05:20 PM »
State legislators are concerned about the environmental impact of proof-of-work blockchains. New York legislators are digging in for a fight over Bitcoin mining.
Senate Bill S6486B, which restricts the granting of permits to Bitcoin mining operations on environmental grounds, passed the upper house by a 36-27 margin. The bill, sponsored by Democratic Senator Kevin Parker, now heads to the Democrat-controlled Assembly. Source
Senate Bill S6486B, which restricts the granting of permits to Bitcoin mining operations on environmental grounds, passed the upper house by a 36-27 margin. The bill, sponsored by Democratic Senator Kevin Parker, now heads to the Democrat-controlled Assembly. Source