The Tribes


Main Hall - June 6, 2022

Vitalik Buterin criticized moratorium on bitcoin mining in New York

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Ethereum founder Vitalik Buterin has joined in the criticism of New York State’s moratorium on carbon-based electricity mining. According to him, the authorities should not choose “which specific applications” can consume energy.

“The government choosing which specific applications can use electricity and which can’t is a bad idea. Better to just impose a carbon fee and use some of the proceeds to compensate low-income consumers,” he wrote.