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After China began cracking down on bitcoin mining inupstate New York became a mining industry's impact on the environment during the two-year moratorium as the state seeks to reduce its carbon footprint.
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US Bitcoin Mining Ban Coming Soon?The White House has floated the possibility of limiting or eliminating the proof-of-work mechanism that underpins Bitcoin and its blockchain. New York Governor Kathy Hochul signed the moratorium, prohibiting any new mining operations that aren't based on % renewable energy. ALBANY, N.Y. �.
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