The town of Dryden has voted to permanently ban data centers and cryptocurrency mining facilities, positioning itself at the forefront of a growing policy debate over energy-intensive digital infrastructure. The local zoning amendment follows a yearlong temporary moratorium and reflects rising concerns about environmental impact, electricity consumption and community character. With more than 5,000 data… Continue reading Dryden Becomes First New York Town to Prohibit Data Centers and Crypto Mining
Tag: New York
Coinbase Backs New York Pilot Exploring Crypto-Based Basic Income Model
Coinbase has funded a pilot program in New York aimed at testing whether digital assets can serve as a viable mechanism for distributing basic income. The initiative seeks to evaluate how recurring crypto-based transfers impact financial stability, community participation and long-term economic mobility for low-income residents. Designed as a controlled, small-scale experiment, the project will… Continue reading Coinbase Backs New York Pilot Exploring Crypto-Based Basic Income Model