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Economy

Eco-Activists Aim To Emulate New York Ban on Cryptomining Around the Nation

New legislation in New York is being closely watched by federal officials concerned with the reopening of dormant fossil fuel plants to facilitate cryptomining.

AP/Ted Shaffrey
The Greenidge Generation Bitcoin mining facility near Seneca Lake at Dresden, New York. AP/Ted Shaffrey
RUSSELL PAYNE
RUSSELL PAYNE

A first-of-its kind statewide moratorium on energy-intensive cryptocurrency mining, signed by Governor Hochul last week, is putting the Empire State at the forefront of the growing environmental backlash against the industry.

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RUSSELL PAYNE
RUSSELL PAYNE

Mr. Payne is a political reporter at The New York Sun. He covers a broad range of topics including New York State and New York City.

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