New York Bitcoin mining moratorium bill garners more support - BitcoinEthereumNews.com
A New York State proposal to suspend fossil fuel-powered proof-of-work mining for three years across the state has gained support from two more Assembly members. Members Amy Paulin and Ken Zebrowski have thrown their names in along with 43 other cosponsors for bill A7389B. In addition to the three-year suspension of mining at former fossil fuel power plants, the bill would require the New York State Department of Environmental Conservation (NYSDEC) to assess the states crypto mining industry. The assessment would determine the impact on water and air quality and greenhouse gas emissions. @anakelles is touting a build of of support in the assembly for her proposed bitcoin mining moratorium bill, where it stalled due to the union opposition. pic.twitter.com/YoRaN8r0sK — Jimmy Jordan (@jmmy_jrdn) กุมภาพันธ์ 24, 2022 New York State Representative Ana Kelles said in February that the information from the NYSDEC assessment would help determine whether an outright mining ban would be in order “if that is whats necessary to ensure that the industry does not prevent us from reaching our climate goals.” She proposed the legislation to the state legislature last May. The bill would require a majority of Assembly members to sponsor it in order to be sent to the Governor for final