New York legislators are digging in for a fight over Bitcoin mining. Senate Bill S6486B, which restricts the granting of permits to Bitcoin mining operations on environmental grounds, passed the upper house by a 36-27 margin. The bill, sponsored by Democratic Senator Kevin Parker, now heads to the Democrat-controlled Assembly. As originally written, the bill would have placed a three-year moratorium on all Bitcoin mining so that the state could do an environmental impact assessment. That would have all but forced mining facilities in the state to pack up and leave town. {tweet} The amended bill revises the state's ... (full story)