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News

New York Mayor Eric Adams Said That He Don’t Support Crypto Mining In His State

February 10, 2022 - Around 2 mins mins to read
new york crypto
New York Mayor Eric Adams Said That He Don't Support Crypto Mining In His State 3

The Bitcoin community has been confused when New York City’s cryptocurrency-friendly mayor, Eric Adams, expressed his opposition to crypto mining at a local government budget meeting with elected officials in Albany:

“I support cryptocurrency, not crypto mining,” he said.

new york crypto
Cooling grates cover the rear of mining rigs at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia, on Thursday, March 18, 2021. The rise of Bitcoin and other cryptocurrencies has prompted the greatest push yet among central banks to develop their own digital currencies. Photographer: Andrey Rudakov/Bloomberg via Getty Images

Dr. Anna Kelles, a New York State Assemblymember, praised Adams for distinguishing between cryptocurrency and cryptocurrency mining. She said that New York City could become the crypto capital of the United States without supporting environmentally harmful mining activities.

In contrast, some crypto enthusiasts think that Eric Adams’ thought is so “shameful”.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

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Hazel

CoinCu News

The Bitcoin community has been confused when City’s cryptocurrency-friendly mayor, Eric Adams, expressed

News

New York Mayor Eric Adams Said That He Don’t Support Crypto Mining In His State

new york crypto
New York Mayor Eric Adams Said That He Don't Support Crypto Mining In His State 6

The Bitcoin community has been confused when New York City’s cryptocurrency-friendly mayor, Eric Adams, expressed his opposition to crypto mining at a local government budget meeting with elected officials in Albany:

“I support cryptocurrency, not crypto mining,” he said.

new york crypto
Cooling grates cover the rear of mining rigs at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia, on Thursday, March 18, 2021. The rise of Bitcoin and other cryptocurrencies has prompted the greatest push yet among central banks to develop their own digital currencies. Photographer: Andrey Rudakov/Bloomberg via Getty Images

Dr. Anna Kelles, a New York State Assemblymember, praised Adams for distinguishing between cryptocurrency and cryptocurrency mining. She said that New York City could become the crypto capital of the United States without supporting environmentally harmful mining activities.

In contrast, some crypto enthusiasts think that Eric Adams’ thought is so “shameful”.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

The Bitcoin community has been confused when City’s cryptocurrency-friendly mayor, Eric Adams, expressed