All the details on the moratorium are in the last paragraph. It's a pause on new fossil fuel-based power plants getting permits to mine proof-of-work cryptocurrencies including Bitcoin and Ethereum. Existing ones are grandfathered in, and renewable energy projects are still allowed.
Every day The Verge disappoints me...
Just TheVerge? Every grifting publication has proven themselves to be incompetent, agenda driven and toxic. I still can't believe theverge exists after their "how to build a pc" fiasco. But that's the world of journalism/publishing. All privilege and no accountability.
Quasi clickbaity. The moratorium is only for fossil fuel dependent operations, which I as a Bitcoiner fully support. Any POW operations at scale (like the ones they are targeting) should be exclusively running on 100% renewables.