New York Assembly member Anna Kelles has introduced bill A9138, proposing an excise tax on electricity used by proof-of-work crypto miners. The bill, paired with S8518, mandates that mining firms consuming over 10 million kWh annually pay 4 cents per kWh into the state's Energy Affordability Programs, with increased rates for usage exceeding 20 million kWh. Currently in committee, the legislation aims for implementation by early 2027. Critics warn it may deter miners from operating in New York, which already trails other states in crypto-friendly policies.