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Tag Archives: new york

New York Suggests Two-Year Moratorium on Crypto Mining

The state of New York has introduced a new bill that if passed, would officially end all future proof of work (PoW) mining operations that want to call the Empire State home. New York Could End Crypto Mining for a While Right now, the bill is being discussed by the New York State Assembly in Albany, the region’s capital. The bill calls for a moratorium of not less than two years on all crypto mining operations within the state’s borders. The idea is to further study the...

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Equinox Health Club Says “Yes” to Crypto Payments

If you’re a crypto fan and you fancy bringing your heart rate up on the treadmill or bench pressing and pumping iron, you may want to give Equinox a try. As a luxury fitness center in New York, the company recently announced it’s going to permit crypto payments for gym memberships and merchandise. Equinox Is Allowing Crypto Payments for Memberships The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while...

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New York Mayor Eric Adams Wants to Toss the BitLicense

Eric Adams – the mayor of New York City – has suggested doing away with the dreaded BitLicense as a way of allowing New York to become more competitive in the crypto and blockchain worlds. Will New York Get Rid of the BitLicense? The BitLicense was first introduced in 2014. The document made things very hard for crypto companies seeking to establish presences in the Big Apple. It also made it very difficult for them to gain customers. Under the BitLicense, things became...

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A Strange Battle Is Occurring in New York: Wine Vs. BTC

Winemakers in upstate New York are not happy that they’re having to share land with bitcoin and cryptocurrency miners. New York Is Seeing Its Winemakers at Odds with Crypto Miners The state of New York features what are known as the Finger Lakes, a series of thin bodies of water in its upstate region. This area has become popular amongst winemakers given the clean air and wholesomeness of the dirt. The Finger Lakes is fantastic for those looking to grow grapes and create...

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NYC Nightclub Somewhere Nowhere Says “Yes” to BTC, ETH

Somewhere Nowhere is a nightclub that’s based in New York. What makes this business so special, other than the fact that it’s NYC’s tallest lounge area? It’s going to begin accepting cryptocurrency payments from patrons. Somewhere Nowhere Pushes the Goals of Crypto While many digital assets have taken on speculative forms in recent years, the fact remains that they were all initially designed to serve as payment methods. People were supposed to be able to use bitcoin and...

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New York Crypto Mining Facility Causes a Lot of Noise for Residents

Residents of a town called North Tonawanda in New York are not too happy about all the noise created by a nearby digital currency mining facility. Located on Erie Avenue, a street used by several neighborhoods, citizens feel that the noise levels are making the area unsafe. Crypto Mining Facility in New York Is Quite Noisy One of the residents complaining about the nose is a woman named Darlene Bolsover. In an interview, she says the mining facility presents a lot of...

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Eric Adams Likes Crypto, but Does He Understand It?

New York City mayor Eric Adams is a crypto bull. There’s no denying that. He seems to really take bitcoin to heart. He loves the technology behind it, and he’s so confident in its abilities, he has stated that he wants crypto taught in schools so children are ready and prepared for what will surely be a crypto-dominated financial system in the future. Eric Adams Doesn’t Seem to Understand Where Crypto Comes From All this sounds fine and dandy, but if there is anything...

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Jumaane Williams: New York Should Not Engage in Crypto Mining

Jumaane Williams – a democratic gubernatorial candidate that’s seeking office in New York – says he wants to end a lot of the crypto mining that’s occurring in the Big Apple. While he’s not against crypto mining completely, he says he wants most facilities shut down so they can take time to reevaluate all the energy they’re using. Williams Wants NY to Take a “Mining Break” Williams made the announcement at a winery in the Finger Lakes, which recently saw the Greenidge...

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New York Seeks to Pause Its Crypto Mining Sector

New York offers many shuttered coal plants and cheap energy. This makes it a top spot for miners and anyone looking to set up crypto extraction businesses. However, there are many environmentalists out there that want New York to work against crypto and ban the process of adding it to the blockchain. New York and Crypto Don’t Always Go Together Environmentalists have been arguing for years that mining bitcoin is somehow harmful to the world’s atmosphere. They state that...

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New York Eric Adams: Bürgermeister will Gehalt in Bitcoin

Charging Bull, auch als Wall Street Bull oder Bowling Green Bull bezeichnet, ist eine Bronzestatue von Arturo Di Modica (* 1941), die im Bowling Green Park im Financial District in Manhattan, New York City steht. Sie wurde ursprünglich als Streetart aufgestellt. New York soll Hauptstadt der Kryptowährungen werden. Der neue Bürgermeister ist bullish eingestellt. Der neue New Yorker Bürgermeister Eric Adams möchte die US-Metropole langfristig zu einer...

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