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Will New York ban cryptocurrency mining?

ALBANY, N.Y. — A first-in-the-nation partial ban on cryptocurrency mining in New York is sending ripple effects through the burgeoning industry and also emboldening environmentalists to push for similar measures across the nation.

Will New York ban cryptocurrency mining at fossil fuel plants?

Cindy Schultz for The New York Times New York became the first state to enact a temporary ban on new cryptocurrency mining permits at fossil fuel plants, a move aimed at addressing the environmental concerns over the energy-intensive activity.

Will a new air permit ban affect cryptocurrency miners?

The new law temporarily freezes the issuance and renewal of air permits to companies that have transformed some of the state’s oldest fossil fuel plants into cryptocurrency mining hubs. But the ban doesn’t impact individual cryptocurrency miners.

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