Bitcoin

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New Sabin Center White Paper Assesses the New York State Executive Branch’s Authority to Enact a Moratorium on the Permitting of Consolidated Proof-of-Work Cryptocurrency Mining Facilities

By Jacob Elkin As cryptocurrency has increased in popularity and cryptocurrency mining facilities have expanded their energy consumption, some fossil fuel power plants in New York have ramped up energy generation to provide behind-the-meter power to cryptocurrency miners. Increased power generation to fuel cryptocurrency mining has significant environmental impacts, leading […]