{"id":2896,"date":"2022-11-28T00:00:00","date_gmt":"2022-11-28T00:00:00","guid":{"rendered":"http:\/\/www-prod.greenpeace.org\/usa\/campaign-updates\/2896\/greenpeace-usa-applauds-new-york-governor-hochuls-moratorium-on-crypto-mining\/"},"modified":"2025-04-23T16:48:50","modified_gmt":"2025-04-23T16:48:50","slug":"greenpeace-usa-applauds-new-york-governor-hochuls-moratorium-on-crypto-mining","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/usa\/greenpeace-usa-applauds-new-york-governor-hochuls-moratorium-on-crypto-mining\/","title":{"rendered":"Greenpeace USA Applauds New York Governor Hochul&#8217;s Moratorium on Crypto \u201cMining\u201d"},"content":{"rendered":"<p><span class=\"p4descriptive_paragraph\">We applaud the action taken by Gov. Hochul to address the environmental concerns over the energy-intensive activity of these \u2018miners.\u2019<\/span><\/p>\n<figure class=\"wp-block-image size-large p4featured_image\"><img decoding=\"async\" src=\"https:\/\/storage.googleapis.com\/planet4-usa-stateless\/2024\/11\/03b46854-gp0sttutp_medium_res_with_credit_line.jpg\" alt=\"Burning Earth Action in Budapest\" \/><figcaption class=\"wp-element-caption\">Greenpeace Hungary displayed a burning Earth at Heroes\u2019 Square, in Budapest, to call for immediate action in a state of climate emergency. Greenpeace demands the Hungarian government in a petition to act immediately to defend its people.<\/figcaption><\/figure>\n<p>We applaud the action taken by Gov. Hochul to address the environmental concerns over the energy-intensive activity of these \u2018miners.\u2019<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.greenpeace.org\/static\/planet4-usa-stateless\/2024\/11\/03b46854-gp0sttutp_medium_res_with_credit_line.jpg\" alt=\"Burning Earth Action in Budapest\" \/><figcaption class=\"wp-element-caption\">Greenpeace Hungary displayed a burning Earth at Heroes\u2019 Square, in Budapest, to call for immediate action in a state of climate emergency. Greenpeace demands the Hungarian government in a petition to act immediately to defend its people.<\/figcaption><\/figure>\n<p><b>Sacramento, CA (November 28, 2022)<\/b><span style=\"font-weight: 400;\">\u2013 Last week, New York Governor Hochul signed a two-year moratorium on crypto mining. This first of a kind law will put<\/span><span style=\"font-weight: 400;\"> a pause on all new cryptocurrency mining permits at fossil fuel plants and <\/span><span style=\"font-weight: 400;\">require the state\u2019s Department of Environmental Conservation to conduct a study into the practice\u2019s environmental impacts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In response to the moratorium,<\/span><b> Rolf Skar, Special Projects Manager at Greenpeace USA, said: <\/b><span style=\"font-weight: 400;\">\u201cCrypto \u2018miners\u2019 who use the energy-intensive Proof of Work model have gone unchecked for too long. <\/span><a href=\"https:\/\/www.greenpeace.org\/usa\/bitcoin-facts-and-myths\/\"><span style=\"font-weight: 400;\">They have re-started coal plants and have sucked up more energy than some small countries.<\/span><\/a><span style=\"font-weight: 400;\"> This first of a kind law comes at a time when policymakers, the EPA, and concerned citizens are starting to realize that<\/span><span style=\"font-weight: 400;\"> crypto-mining operations are not worth the environmental costs. <\/span><span style=\"font-weight: 400;\">We applaud the action taken by Gov. Hochul <\/span><span style=\"font-weight: 400;\">to address the environmental concerns over the energy-intensive activity<\/span><span style=\"font-weight: 400;\"> of these \u2018miners.\u2019\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe also applaud Gov. Hochul\u2019s use of a moratorium to address this problem. Last year, China banned crypto mining, and as a result, many of the \u201cminers\u201d moved to other countries, including the United States. Moratoriums like this one create a time-out to stop a problem from getting worse while figuring out what to do next. <\/span><span style=\"font-weight: 400;\">It is time for the Bitcoin community \u2013 including companies like Fidelity Investments and Mastercard \u2013 to use this two-year moratorium to change Bitcoin\u2019s code away from energy-intensive Proof of Work \u201cmining\u201d to fix its growing climate problem for good.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">###<\/span><\/p>\n<p><b>Greenpeace USA <\/b><span style=\"font-weight: 400;\">is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country\u2019s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at <\/span><a href=\"http:\/\/www.greenpeace.org\/usa\"><span style=\"font-weight: 400;\">www.greenpeace.org\/usa<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We applaud the action taken by Gov. Hochul to address the environmental concerns over the energy-intensive activity of these \u2018miners.\u2019 Greenpeace Hungary displayed a burning Earth at Heroes\u2019 Square, in&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7362,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[209],"tags":[50,140],"p4-page-type":[33],"class_list":["post-2896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-campaign","tag-bitcoin","tag-new-york","p4-page-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Greenpeace USA Applauds New York Governor Hochul&#039;s Moratorium on Crypto \u201cMining\u201d - Greenpeace<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greenpeace.org\/usa\/greenpeace-usa-applauds-new-york-governor-hochuls-moratorium-on-crypto-mining\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greenpeace USA Applauds New York Governor Hochul&#039;s Moratorium on Crypto \u201cMining\u201d\" \/>\n<meta property=\"og:description\" content=\"We applaud the action taken by Gov. 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