{"id":241352,"date":"2022-06-05T15:59:53","date_gmt":"2022-06-05T14:59:53","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=241352"},"modified":"2022-06-05T16:04:02","modified_gmt":"2022-06-05T15:04:02","slug":"objectors-to-new-yorks-mining-ban-say-governments-cant-dictate-valid-use-of-energy","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/objectors-to-new-yorks-mining-ban-say-governments-cant-dictate-valid-use-of-energy\/","title":{"rendered":"Objectors to New York&#8217;s mining ban say governments can&#8217;t dictate &#8216;valid use of energy&#8217;"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum<\/a>&#8216;s co-founder <a href=\"https:\/\/cryptoslate.com\/people\/vitalik-buterin\/\">Vitalik Buterin<\/a> and <a href=\"https:\/\/cryptoslate.com\/companies\/coin-metrics\/\">Coin Metrics<\/a>&#8216; co-founder Nic Carter recently opposed the recent mining ban decision of New York, saying that it's not okay for governments to decide on what the appropriate usage of electricity is.<\/p>\n<p>Carter tweeted that N.Y.'s ban on crypto mining directly controls what constitutes proper use of power. He implied that this is an abuse of power and said:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Will red states respond and ban computation taking place in their borders used for pornography, Netflix, and Disney? Is a world where the state itself decrees what is an acceptable use of electricity or not one you really want to live in?<\/p>\n<p>&mdash; nic carter (@nic__carter) <a href=\"https:\/\/twitter.com\/nic__carter\/status\/1532694159022333953?ref_src=twsrc%5Etfw\">June 3, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>U.S. Senate candidate Bruce Fenton also tweeted to object to N.Y.'s decision and said no government has the right to tell people which software to run.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">No government has the right to tell you what software to run.<\/p>\n<p>Code is speech. <a href=\"https:\/\/t.co\/mm1Ndd75im\">https:\/\/t.co\/mm1Ndd75im<\/a><\/p>\n<p>&mdash; Bruce Fenton for US Senate \ud83c\uddfa\ud83c\uddf8 (@brucefenton) <a href=\"https:\/\/twitter.com\/brucefenton\/status\/1533100060979912707?ref_src=twsrc%5Etfw\">June 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Is it really about the environment?<\/h2>\n<p>The New York Senate <a href=\"https:\/\/cryptoslate.com\/new-york-senate-passes-bill-that-could-ban-crypto-mining\/\">passed<\/a> the bill due to environmental concerns, arguing that the greenhouse gas emissions released by crypto mining will irreparably harm compliance with the Climate Leadership and Community Protection Act in contravention of state law.<\/p>\n<p>However, opposers don't believe this ban serves its said environmental purpose.<\/p>\n<p>Buterin quoted Fenton's tweet to say he favors decreasing gas emissions for the environment's sake. However, the crypto mining ban doesn't really serve its purpose.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Ultimately I agree with this (that is, I oppose banning PoW). The government picking and choosing which specific applications are an okay use of electricity or not is a bad idea. Better to just implement carbon pricing, and use some of the revenues to compensate low-income users. <a href=\"https:\/\/t.co\/NnBzmv5mYz\">https:\/\/t.co\/NnBzmv5mYz<\/a><\/p>\n<p>&mdash; vitalik.eth (@VitalikButerin) <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1533104260916752384?ref_src=twsrc%5Etfw\">June 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Carter also argued that the environmental concerns are just a front, as the state has made some contradicting decisions. Carter tweeted:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The New York sha-256 ban miight seem a little more credible if they hadn\u2019t closed down Indian Point nuclear plant (10% of state generation) and replaced it with new natural gas plants last year. Climate warriors they are not.<\/p>\n<p>&mdash; nic carter (@nic__carter) <a href=\"https:\/\/twitter.com\/nic__carter\/status\/1533118066854400000?ref_src=twsrc%5Etfw\">June 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Mining's impact on the environment<\/h2>\n<p>Bitcoin mining <a href=\"https:\/\/cryptoslate.com\/6-sources-of-renewable-energy-that-will-power-the-future-of-bitcoin-mining\/\">consumes<\/a> nearly 110 terawatt-hours of energy annually, which impacts the environment. Many prominent figures have protested the negative consequences.<\/p>\n<p>Buterin, for example, decided to switch Ethereum from energy-consuming <a href=\"https:\/\/cryptoslate.com\/glossary\/proof-of-work\/\">PoW<\/a> to sustainable <a href=\"https:\/\/cryptoslate.com\/glossary\/proof-of-stake\/\">PoS<\/a>. On\u00a0the other hand, Elon Musk advocated for using sustainable energy sources like <a href=\"https:\/\/cryptoslate.com\/block-blockstream-and-tesla-partner-up-to-create-eco-friendly-mining-farm-using-solar-power\/\">solar power<\/a> for Bitcoin mining.<\/p>\n<p>The Bitcoin mining industry's sustainable energy usage <a href=\"https:\/\/bitcoinminingcouncil.com\/bitcoin-mining-council-survey-confirms-year-on-year-improvements-in-sustainable-power-mix-and-technological-efficiency\/\">increased<\/a> approximately 59% last year and reached around 58.4% in the first quarter of 2022.<\/p>\n<p>As of January 2022, the U.S. <a href=\"https:\/\/ccaf.io\/cbeci\/mining_map\">constitutes<\/a> 37.84% of the average monthly hashrate in Bitcoin mining. New York produces 9.77% of that number every month. Moreover, New\u00a0 York's mining activity is mostly sustainable, <a href=\"https:\/\/twitter.com\/nic__carter\/status\/1532694572798816258\">according<\/a> to Carter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum&#8216;s co-founder Vitalik Buterin and Coin Metrics&#8216; co-founder Nic Carter recently opposed the recent mining ban decision of New York, saying that it&#8217;s not okay for governments to decide on what the appropriate usage of electricity is. Carter tweeted that N.Y.&#8217;s ban on crypto mining directly controls what constitutes proper use of power. He implied [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2376,11],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Objectors to New York&#039;s mining ban say governments can&#039;t dictate &#039;valid use of energy&#039;<\/title>\n<meta name=\"description\" content=\"Vitalik Buterin and Nic Carter offered opposing opinions to New York&#039;s mining ban, saying it&#039;s unjustifiable for governments to decide on acceptable uses of electricity.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/objectors-to-new-yorks-mining-ban-say-governments-cant-dictate-valid-use-of-energy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Objectors to New York&#039;s mining ban say governments can&#039;t dictate &#039;valid use of energy&#039;\" \/>\n<meta property=\"og:description\" content=\"Vitalik Buterin and Nic Carter offered opposing opinions to New York&#039;s mining ban, saying it&#039;s unjustifiable for governments to decide on acceptable uses of electricity.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/objectors-to-new-yorks-mining-ban-say-governments-cant-dictate-valid-use-of-energy\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-05T14:59:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-05T15:04:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/06\/newyork-bitcoin-buterin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/objectors-to-new-yorks-mining-ban-say-governments-cant-dictate-valid-use-of-energy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/objectors-to-new-yorks-mining-ban-say-governments-cant-dictate-valid-use-of-energy\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. 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Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power. Research and writing are her favorite things in life, followed by dogs and burgers.","url":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/241352"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1262"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=241352"}],"version-history":[{"count":11,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/241352\/revisions"}],"predecessor-version":[{"id":241403,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/241352\/revisions\/241403"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=241352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=241352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=241352"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=241352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}