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New York Is Battleground for Crypto Mining Fight Crypto compa | 🛡CA Capital Announcements

New York Is Battleground for Crypto Mining Fight

Crypto companies are fighting a proposal in New York that would restrict the mining of digital assets, worried that other states might make similar moves.

The bill would place a two-year moratorium on reactivating fossil-fuel power plants for off-the-grid cryptocurrency mining.

Cryptocurrency miners earn digital cash by solving mathematical equations with computers that require large amounts of energy to power.

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