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New York Senate

New York Targets NewsCapsule Mining with Proposed Tax Hike Bill

A new bill proposed in the New York State Senate would impose heightened taxes on certain bitcoin mining companies, disincentivizing these companies from operating in the state.

New York State To Place Moratorium On Non-Renewable NewsCapsule Mining

New York’s Senate just voted to place a two-year moratorium on the bitcoin mining industry preventing new applications and renewals for carbon-based mining.

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