Cryptocurrency miners and related entities could soon be required to adhere to an uncommonly stringent set of restrictions around their energy usage. The measures — largely an outlier in the US — stem from a bill submitted to Oregon’s legislature on Wednesday. New York has been one of a handful of other states to impose strict standards on miners of bitcoin and other proof-of-work cryptoassets. Sponsored by Rep. Pam Marsh, Sen. Michael Dembrow and Rep. Mark Gamba, House Bill 2816 aims to curb the carbon output of such “high energy use” facilities — with the goal of tamping down emissions by 60% below their baseline current levels by 2027. (Blockworks)
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