Environment

New York's state Capitol building in Albany (Getty Images/Larry Lee Photography)
What a Mining Moratorium Could Really Mean for New York’s Crypto Industry
The state's proposed two-year ban is inching closer to reality, and experts warn about its potentially chilling effect.
New York's state Capitol building in Albany (Getty Images/Larry Lee Photography)

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)
New York Lawmakers Advance Mining Moratorium Bill to Full Assembly
The bill would bar new permits for proof-of-work mining operations in former power plants for two years.
Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)

(Kevin O'Leary, modified by CoinDesk)
Kevin O'Leary on Clean Bitcoin Mining, the Elon Musk-Twitter Conundrum
The future of the crypto mining industry is likely nuclear and hydro, the “Shark Tank” co-host said on CoinDesk TV’s “First Mover.”
(Kevin O'Leary, modified by CoinDesk)

(Vlad Hilitanu/Unsplash)
These ‘Utility NFTs’ Look to Gamify Rainforest Protection
The AEternals NFT project offers a crypto-native way to protect plots of land in the Amazon rainforest.
(Vlad Hilitanu/Unsplash)

From left to right: Osvaldo Resquin, Elizabeth Martínez, Silvino Gonzalez, David Dao, Lucas Czech, Antonella Piacentini and Guadalupe and Elí León. (GainForest)
Solana-Based Climate Change Project Employs ‘NFTrees’ to Save Rainforests
GainForest combines satellite imagery with data science in a bid to incentivize landowners away from cutting down trees.
From left to right: Osvaldo Resquin, Elizabeth Martínez, Silvino Gonzalez, David Dao, Lucas Czech, Antonella Piacentini and Guadalupe and Elí León. (GainForest)

U.S. Rep. Jared Huffman (D-Calif.) led fellow Democrats to write the EPA about concerns over crypto mining. (Jemal Countess/Getty Images for Green New Deal Network)
US House Democrats Call for Scrutiny on Crypto Mining as Environmental Threat
Rep. Huffman and other congressional Democrats wrote the EPA chief on the potential harm to the climate and environment.
U.S. Rep. Jared Huffman (D-Calif.) led fellow Democrats to write the EPA about concerns over crypto mining. (Jemal Countess/Getty Images for Green New Deal Network)

A rendering of Algorand's Times Square activation. (Algorand Foundation)
Smart Offsets: Algorand Ups Sustainability Pledge With Self-Executing Code
The smart contract–based commitment to sustainability coincides with Earth Day, which is Friday.
A rendering of Algorand's Times Square activation. (Algorand Foundation)

European Union flags at Berlaymont building of the European Commission in Brussels, Belgium (Santiago Urquijo/Getty)
Sweden, EU Discussed Bitcoin Proof-of-Work Ban: Report
Documents released by a German site suggest concern about the environmental impact of the crypto mining method.
European Union flags at Berlaymont building of the European Commission in Brussels, Belgium (Santiago Urquijo/Getty)

Greenidge mining center (Caleb Parker)
Greenidge's Seneca Lake Crypto Project Wins NY Supreme Court Ruling to Continue Operations
A local judge ruled that Greenidge's project "would not impact the air or water of Seneca Lake."
Greenidge mining center (Caleb Parker)