Yes and no .....
Why ?
New York (state) banned crypto mining...
`The New York Senate passed Bill S6486D banning cryptocurrency mining in the state when relying on carbon-based energy sources to power their operation.`
Just want to make the point that New York DID NOT ban mining.
1) If you had a mining facility up and running nothing changed*
2) If you wanted to setup a new mine using 100% renewable nothing changed
The * being that renewals of permits in the 2 years period that the bill is in effect for might be an issue...except for these 2 facts
1) There were 2 (3?) mines that were using old power plants that were specifically mentioned and exempt from the regualtion
and
2) There are / were no permit renewals coming though in the 2 years from the signing of the bill.
Unrelated but important a lot of places don't want large scale mining facilities due to the fact that they suck down a lot of power and don't supply many jobs.
Trust me if you had a ratio of 1 job per 100 miners you would have states clamoring to get them. But one of the ones upstate had something like 7500 miners and 15 full time workers and a couple of part time people. The local Taco Bell had more staff.....
-Dave