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New York's mayor seeks balance with regulators after PoW mining moratorium

Coin Telegraph LogoCoin Telegraph2 mo ago

New York's mayor seeks balance with regulators after PoW mining moratorium - Coin Telegraph

Quick Summary:

Adams said New York is still focused on becoming a crypto hub, but statewide efforts to reduce emissions can be combined with this goal.

Any new PoW mining operation in the state could only operate if it uses 100% renewable energy.

The PoW mining moratorium will not only prohibit new mining operations but also refuse the renewal of licenses to those who are already operating in the state, as reported by Cointelegraph.


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New York's mayor seeks balance with regulators after PoW mining moratorium - Coin Telegraph (Picture 1)

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Article Details

Author / Journalist: Cointelegraph By Ana Paula Pereira

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-26 @ 21:51:26 (2 months ago)

News Timezone: GMT -5:00

Ranking: #44 (out of 1215 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 1959509

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 13 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "New York's mayor seeks balance with regulators after PoW mining moratorium" has 357 words across 13 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "New York's mayor seeks balance with regulators after PoW mining moratorium" was covered 2 months ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 13 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #1959509
  • URL: https://beamstart.com/news/new-yorks-mayor-seeks-balance-16695002843200

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