These machines, known as mining rigs, work round the clock to find new units of cryptocurrency.
Benjamin Hall | CNBC
New York Gov. Kathy Hochul signed a law Tuesday banning certain bitcoin mining operations that run on carbon-based power sources. For the next two years, unless a proof-of-work mining company uses 100% renewable energy, it will not be allowed to expand or renew permits, and new entrants will not be allowed to come online.
“It is the first of its kind in the country,” Hochul said…
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