Real estate in the metaverse: buying real-life and NFT properties
CLIP 08/10/22
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New York authorities are cracking down on crypto mining, denying an air permit for a power plant they say generates electricity mainly for mining bitcoin. The state cited concerns about climate change amid a community outcry. Last June, NBC News looked at the Greenidge Generation Plant on Seneca lake, which was closed permanently but resurrected six years later by a private equity firm installing thousands of power-guzzling computer servers mining bitcoin. Governor Hochul now faces the critical decision on whether to sign the nation’s first partial moratorium on new crypto mining powered by fossil fuels.