To find the y-intercept of the equation \( y = 34x - 2 \), we set \( x = 0 \) and solve for \( y \).
\[ y = 34(0) - 2 = -2 \]
Thus, the y-intercept is \( -2 \). As an ordered pair, the y-intercept is:
\[ (0, -2) \]
So, the y-intercept is \( (0, -2) \).