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New York legislators to vote on PoW mining moratorium this week -Breaking

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New York legislature to vote for PoW mining moratorium next week

New York’s legislative body may ban Proof-of-work (PoW), crypto mining within the state, for at most two years. This is due to environmental concerns.

Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — including the Blockchain Association and Crypto Council for Innovation — rang the alarm over the upcoming vote in the New York Assembly. Official website of the state Senate did not respond to our request. Please indicateThe date of the election must be set.