New York lawmakers debate a **New York crypto mining tax** bill in the state capitol, impacting energy use.
Bitcoin News

Sweeping New York Crypto Mining Tax Bill Sparks Controversy

The legislative landscape in New York is shifting significantly for the cryptocurrency industry. Specifically, Democratic lawmakers in the New York State Assembly have initiated a process to impose a substantial electricity tax on proof-of-work (PoW) cryptocurrency mining. This move could profoundly reshape the operations of many **New York cryptocurrency** businesses. Understanding the Proposed New York […]