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They cited the huge energy needs, the growing problem of electronic waste and the state's climate objectives as grounds for rejecting permits.
Members Amy Paulin and Ken Zebrowski have thrown their names in along with 43 other cosponsors for bill A7389B.
Members Amy Paulin and Ken Zebrowski gave their names along with 43 other cosponsors for Bill A7389B. The assessment would identify the impact on water and air quality and greenhouse gas emissions.
@annakelles 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) February 24, 2022
New York State Representative Anna 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 what’s necessary to ensure that the industry does not prevent us from reaching our climate goals.” Pic.twitter.com/yoran8r0sk— jimmy jordan (@jmmy_jrdn) on february 24th, 2022New York State Representative Anna 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 what’s necessary to ensure that the industry does not prevent us from reaching our climate goals.”
The bill would require a majority of members of the assembly to sponsor it in order to be sent to the governor for final approval in law. There are currently only 45 out of 150 members sponsoring the bill, so there is still a long way to go before it comes into force.
Gubernatorial candidate Jumaane Williams has also voiced his support for the legislation due to environmental concerns and what he perceives to be the harmful economic impact of the mining operations.
Proof of work (pow) crypto-extraction requires the use of computers especially designed to perform the mathematical equations necessary to create new blocks on the blockchain. Bitcoin (BTC) and Ethereum (ETH) are the most well-known PoW chains today, but Ethereum is expected to switch to proof-of-stake (PoS) this year and do away with the power-hungry mining process.
Ethereum should move to proof of interest (pos) this year and eliminate the power-hungry extracting process. The environmental impact of powder mining has been a key discussion point of environmentalists for years. Additionally, the chief marketing officer at Slush Pool Kristian Csepcsar pointed out to Cointelegraph on Feb. Also, the head of marketing at the slush pool kristian csepcsar reported to cointelegraph on Feb.
Related: Climate-focused Hyphen aims to hold companies accountable for eco-data reporting
New York state businesses asked governor Kathy Hochul to deny crypto miners permits to set up their operations at defunct power plants last October. Related: A climate-focused hyphen is about holding businesses accountable for reporting on ecological data.
