Bitcoin Foundation is the oldest, biggest and most important Bitcoin organization that is working right now. It has encouraged cryptocurrency miners that are affected by the recent moratoria in New York’s State to address the issue.
Crypto Miners Should Move Forward
Back in March, Bloomberg reported that in Upstate New York bitcoin mining activities have ben banned because several companies were exploiting the low cost electricity in the place. The city gets its energy from the St. Lawrence River, reducing the costs of electricity to those who live in the place.
At the same time, there is a moratoria on cryptocurrency mining activities in New York, known as N.Y. Pub. Law sec. 84 et seq. 
The Foundation is trying to engage with the mining community in the zone so as to better understand the impact that the moratoria is having on the Bitcoin mining industry in New York.
At the moment several villages including Village of Lake Placid, Village of Sherrill, Village of Tupper Lake, and Village of Rouses Point followed the suit very fast. But the Village of Tupper Lake, Village of Rouses and the New York Power Authority did not make their moratoria public. Moreover, they did not disclose the legal grounds forming the basis of the moratoria decisions.
Llew Claasen, Executive Director of the Bitcoin Foundation, commented:
“The implementation of moratoria on cryptocurrency mining activity in the State of New York is a grave legal, political and business decision. The State of New York has already pushed many cryptocurrency businesses out of New York following the promulgation of he New York BitLicense. These moratoria only further push cryptocurrency activity out of New York and the state continues to express hostility towards this industry.”
Some days ago, the cryptocurrency-related company Coinmint announced that it was going to open the largest cryptocurrency mining factory all over the world. In order to do so, the company will be investing over $700 million dollars. To start its operations, Coinmint decided to transform an old Alcoa site in Massena, New York.
