A bill in New York aims to halt bitcoin mining for 3 years until its environmental impact can be assessed

The bill will specifically look into the greenhouse gas emissions caused by bitcoin mining, including its effects on water, air, and wildlife. Cryptocurrency Mining. Andia/Getty Images A bill in New York seeks to halt bitcoin mining for .....»»

Category: worldSource: nytMay 4th, 2021

Crypto Mining Might Be In Danger In The State Of New York With This New Bill

A bill proposed in the New York State could force local miners of Bitcoin (CRYPTO: BTC) and other crypto assets to move or stop their activities for three years. read more.....»»

Category: blogSource: benzingaMay 7th, 2021

Cryptocurrency mining stocks recover as bitcoin climbs back above $50,000

With rising questions over the environmental impact of b.....»»

Category: topSource: businessinsiderMay 14th, 2021

Tesla suspends bitcoin payments for vehicle purchases over the negative environmental impact of cryptocurrency mining

CEO Elon Musk has supported inve.....»»

Category: smallbizSource: nytMay 12th, 2021

Elon Musk: Tesla won"t accept bitcoin due to currency"s reliance on fossil fuels

Tesla CEO Elon Musk said Wednesday the electric car maker will no longer accept bitcoin for vehicle purchases amid concerns regarding the environmental impact of cryptocurrency mining......»»

Category: topSource: foxnewsMay 12th, 2021

Elon Musk says Tesla has stopped taking bitcoin because of its environmental impact

Tesla only began accepting bitcoin earlier this year. People started raising concerns about bitcoin's environmental impact long before that......»»

Category: topSource: bizjournalsMay 12th, 2021

Tesla Suspends Bitcoin Payments Over "Concerns About Environmental Impact"

Tesla Suspends Bitcoin Payments Over "Concerns About Environmental Impact" After announcing plans to accept payment for Tesla's cars in bitcoin back in February, Tesla CEO Elon Musk has just announced via tweet tha.....»»

Category: dealsSource: nytMay 12th, 2021

: Tesla stock and bitcoin drop after Elon Musk says car sales with crypto will be halted due to energy usage of mining

Tesla Inc. will halt sales of cars using bitcoin due to the effects on the environment mining the cryptocurrency can have, Chief Executive Elon Musk said Wednesday, and prices of Tesla shares and the cryptocurrency dropped immediately after......»»

Category: topSource: marketwatchMay 12th, 2021

Tesla won"t allow Bitcoin payments on cars anymore due to the negative impact on the environment from mining

CEO Elon Musk.....»»

Category: personnelSource: nytMay 12th, 2021

Billionaire investor Bill Ackman warned of inflation, discussed bitcoin, and explained why he"s staying in New York City in a recent interview. Here are his 12 best quotes.

The Pershing Square Capital Management foun.....»»

Category: personnelSource: nytMay 12th, 2021

Why Square And Cathie Wood"s Ark See Bitcoin Environmental Concerns As Unfounded

Cathie Wood-led Ark Investment Management and digital payment company Square Inc. (NYSE: SQ) have teamed up to dispel the notion that Bitcoin (BTC) mining is damaging the environment. read more.....»»

Category: blogSource: benzingaApr 22nd, 2021

With its HQ now in Austin, bitcoin mining startup Blockcap plans to hire 30 to 80 employees

Blockchain and cryptocurrencies have been hot for a couple years now, and Austin has already been called a hub for the evolving technologies. But blockchain and crypto seems to be catching a particularly big wave of attention in Austin these da.....»»

Category: topSource: bizjournalsApr 15th, 2021

House committee approves a bill to study reparations for Black Americans for the first time since it was introduced 32 years ago

The bill, which would establish a commission to study the impact of slavery and reparat.....»»

Category: personnelSource: nytApr 15th, 2021

New York officials have reportedly reached a deal on a bill to legalize marijuana

After years of languishing in the state legislature, legal weed could finally arrive in New York and serve as a major market-moving event. The New York State Capitol in Albany, N.Y. John Greim/LightRocket via Getty Images After years of la.....»»

Category: smallbizSource: nytMar 24th, 2021

Bitcoin Uses More Electricity Than Any Method Known To Mankind, Says Bill Gates

Microsoft Corporation (NASDAQ: MSFT) founder Bill Gates is concerned about Bitcoin’s impact on climate change. read more.....»»

Category: blogSource: benzingaFeb 25th, 2021

Market Extra: Biden aims for best stock-market rally in 92 years ahead of inauguration

Supporters might point to President-elect Joe Biden's bullish impact on the stock market since the Nov. election as an early accomplishment, even if it's hard to pin all of the recent gains on the change in regime from Donald Trump to Biden......»»

Category: topSource: marketwatchJan 19th, 2021

Bitcoin Halving Arrives: Mining Rewards Drop for Third Time in History

Bitcoin's third halving, a once-every-four-years occurrence and the most anticipated event this year in the cryptocurrency industry, has finally happened......»»

Category: forexSource: coindeskMay 11th, 2020

Boeing CEO sees years of recovery from coronavirus ahead for aviation industry

Gov. Andrew Cuomo outlined how stay-at-home restrictions could be eased for parts of the state. New York Mayor Bill de Blasio said city-run health clinics soon will use a that lets people collect... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 30th, 2020

Market Wrap: Bitcoin Edges Up to $7.7K as Mining Power Rebounds

Bitcoin’s price is on the upswing, and so is the computing power securing the network as a once-in-four-years event known as the halving approaches......»»

Category: forexSource: coindeskApr 28th, 2020

Riot Blockchain Moves Part of Bitcoin Mining Operation to Upstate New York

Bitcoin miner Riot Blockchain has sent a portion of its newly acquired S17 Pro Antminers from an Oklahoma facility to upstate New York, tapping excess power in a colocation deal with Coinmint......»»

Category: forexSource: coindeskApr 15th, 2020

New York Power Plant Sells 30% of Its Bitcoin Mining Hashrate to Institutional Buyers

Greenidge Generation, an upstate New York power plant that's using proprietary facility to mine bitcoin, has sold up to 30 percent of its computing power to institutional buyers......»»

Category: forexSource: coindeskApr 10th, 2020