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Crypto BTC BAN ONE DATA MON NOT ONT

New York town considers temporary ban on crypto mining and AI data centers

A New York town that previously imposed an 18-month Bitcoin-mining ban is considering a new temporary moratorium covering data centers, AI facilities and other cryptocurrency-mining operations, Cointelegraph reports.

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New York town considers temporary ban on crypto mining and AI data centers
A town in New York is weighing a new temporary moratorium that would cover cryptocurrency mining operations, data centers and facilities linked to artificial intelligence. The proposal comes after the town became one of the first in the United States to impose an 18-month ban on Bitcoin mining. According to Cointelegraph, local officials are now considering whether to extend restrictions beyond Bitcoin mining to include other crypto-mining activities and data-center developments. The reported measure remains under consideration, and the source did not provide details on its potential duration or when a decision might be made. If adopted, the moratorium would broaden the scope of the town’s earlier cryptocurrency-mining restrictions. The development is relevant to Bitcoin and the wider digital-asset sector because local rules affecting mining operations can also cover the facilities and infrastructure used to support them.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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