Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees

This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an […]

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New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective

New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub ObjectiveMayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor and Bitcoin Supporter Eric Adams to […]

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New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil FuelsA moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban, which is likely to have consequences for […]

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Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium

The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter also calls for the New York government to assess […]

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Proposed Crypto Mining Moratorium Rejected by County in Montana

Proposed Crypto Mining Moratorium Rejected by County in MontanaMontana’s second most populous county, Missoula County, has rejected the proposal for a moratorium on cryptocurrency operations. The proposal was first presented at a public hearing in June but was postponed for three months. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Proposed Crypto Moratorium Rejected Missoula County’s board of commissioners held […]

The post Proposed Crypto Mining Moratorium Rejected by County in Montana appeared first on Bitcoin News.

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