Cryptomining: A Moratorium Advances in New York While Texas Embraces Industry

The bill ‘is not a ban on crypto. It’s not even a ban on mining. It is a two-year moratorium specifically on cryptocurrency mining operations that are housed at fossil fuel burning power plants.’

An advertisement for Bitcoin cryptocurrency. AP/Kin Cheung, file

Even as the New York State assembly this week was approving a moratorium on cryptomining, turning the bill over to the state senate, a city in Texas has  begun to mint its own Bitcoin.

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