Directs the New York state energy research and development authority to study powering cryptocurrency mining centers with renewable energy.
The bill directs the New York state energy research and development authority to conduct a study on powering cryptocurrency mining centers in New York state with renewable energy. The study will include a survey of existing cryptocurrency mining centers, an evaluation of the economic and technical feasibility of powering all such centers with renewable energy, an assessment of economic impacts on communities, and an evaluation of the potential for cryptocurrency mining powered by renewable energy to become a sustainable industry in the state.
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- Legal Framework
- Critical Issues
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