Nouriel Roubini Says ‘Well Done’ As New York Bans Carbon-Intense Bitcoin Mining

New York has passed a law that will ban new Bitcoin (CRYPTO: BTC) mining companies from setting up bases in the state unless they use 100% renewable energy. What Happened: The Empire State’s governor Kathy Hochul signed the law into effect on Tuesday banning certain Bitcoin mining operations in New York if they utilize carbon-based power sources, reported CNBC.