State Of New York Proposes Crypto Mining Ban Bill

Reading Time: 2 minutes New York State Senator Kevin S. Parker proposes a crypto mining ban bill for three years. The bill aims to address environmental and climate problems raised by energy-exclusive mining operations. With the boom in bitcoin price, mining activities in New York State surged, stirring up environmentalists’ concern. State Senator Kevin S. Parker, an environmentalist with a background in advancing legislation for protecting the environment, proposes a cryptocurrency mining ban bill in New York state for three years over concerns about the effects of crypto mining on climate and the local environment. Bill S6486, which is still in committee and subject
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