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New York becomes first state to restrict cryptocurrency mining

Summary by Ground News
New York Gov. Kathy Hochul signed a new law banning cryptocurrency mining that uses carbon-based energy. The law requires crypto mining companies to use 100% renewable energy. Under the new law New York's Department of Environmental Conservation will study the environmental impacts of crypto mining.

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  • 48% of the sources are Center
48% Center
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Spectrum Local News broke the news in United States on Tuesday, November 22, 2022.
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