Senator Moffitt filed cryptocurrency mining bill for Henderson, Polk, Rutherford

V6Q33SXFJBDBFNMOD5WNNJYC6Q


RALEIGH, N.C. — A new bill hopes to ban cryptocurrency mining in three North Carolina counties.

Crypto mining is a process that verifies Bitcoin transactions and generates coins.

State Senator Tim Moffitt represents all three counties and filed the bill.

Read More

It requires huge data centers that draw tons of electricity to operate.

The bill will impact Henderson, Polk, and Rutherford counties.

(WATCH BELOW: Buyer pays $654K in cryptocurrency for first home sold as NFT in the U.S.)

This browser does not support the video element.



This article was originally published by a www.wsoctv.com

Read it HERE

Share

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *