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❕NEWS Bitcoin mining ban in New Yoek may not be permanent

AudraMiller

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The banning of cryptocurrency mining and in specific bitcoin, requires a lot of energy and many countries and states are taking firm action to ensure that they are not part of the environmental meltdown that is happening with increased energy usage. However, the ban in New York on bitcoin mining may not be set in stone. As a recent news article has shown, the ban does allow for companies to come up with green solutions to mining projects, and this may prompt more interest in projects geared towards cryptocurrency.
 
Banning Bitcoin and its algorithm is short-sighted and not forward-looking. Sooner or later those personalities will realize that they are heading their sovereignty in the opposite direction.
 
Yes and now 54% of the companies doing mining activity in the new York are actually using green energy ( though it may be a forced action ) but that's good and a valid point in the matter to preserve the environment for the humanity so that's great to be honest and allows them to have a look On the environment as well .
 

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