Crypto Caverns' Statement on NY Governor Hochul Signing of 2-Year Cryptocurrency Mining Moratorium
![Crypto Caverns Logo](https://img.einpresswire.com/medium/307750/crypto-caverns-logo.png)
We believe it’s important to regulate industry based on facts and data. Proof of Work mining has been proven to encourage renewable energy buildout and usage, as well as provide a free-market solution to the problem of greenhouse gas emissions from unburned waste methane.
We will continue to support industry trade organizations like BaSIC who make on-the-ground efforts to educate lawmakers on the facts and realities of Blockchain Infrastructure. We think that this generational opportunity to benefit humanity and the planet should not be missed out on.
Learn more about the emissions of Proof of Work1.
Learn more about the problem of trapped methane and how it can be solved2.
Support BaSIC alongside Crypto Caverns3.
Phillip McCabe
Crypto Caverns LLC
email us here
Visit us on social media:
Twitter
LinkedIn
Other
Facebook
1 https://www.coincenter.org/education/crypto-regulation-faq/understand-bitcoins-energy-use/
2 https://bitcoinmagazine.com/culture/bitcoin-mining-removes-methane-from-the-atmosphere
3 https://blockchainbasic.org
![](https://www.einpresswire.com/tracking/article.gif?t=4&a=6-hdOmm1dnafCIWG&i=adaB0pbqv1Fxpp6a)