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New York Senate to Restrict Bitcoin Mining

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New York Senate has just passed a bill that restricts Bitcoin mining. It restricts granting bitcoin mining permits to companies based on environmental grounds.

Sponsored by Senator Kevin Parker, the bill passed the senate with a 36-27 vote margin. It is now headed to the democratic-controlled State Assembly.

Over the past few months, more and more individuals, as well as institutions, have taken to speaking against the impact of some crypto mining practices. This is especially the case with the environment. This trend has also seen

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