Environment
Schuyler County Legislature Asks DEC to “Study and Develop” Regulations Around Cryptocurrency Mining
The Schuyler County Legislature is calling on the DEC to study and develop regulations around cryptocurrency mining. The resolution was tabled at last month’s meeting in order to give representatives time to research the issue. At Monday night’s meeting, the resolution passed unanimously. Mark Rondinaro chairs the Legislature’s Community Development and Natural Resource Committee, which…
Read MoreNew York State Bill Calls for Moratorium and Environmental Reviews on Cryptocurrency Mining
A new bill in the New York State legislature is seeking to put a three-year moratorium on cryptocurrency mining. The legislation was drafted by Assemblymember Anna Kelles of the 125th district. Kelles made it explicit that this is by no means an anti-cryptocurrency mining bill. She said, “This bill is a pause, an evaluation and…
Read MoreTCAT Unveils Electric Bus Fleet
It was a cold and blustery April day at the Bernie Milton Pavilion on Ithaca’s Common. Over 50 people were admiring a brand new TCAT bus sporting the electric bus logo. TCAT General Manager Scott Vanderpool was on hand to answer questions. He said that he doesn’t know what the change in operating costs are…
Read MoreTorrey Town Planning Board Green Lights Expansion to Greenidge’s Bitcoin Operation
***Correction: The radio story above says that the plant will be mining bitcoin with 45 MW/h of electricicty by the end of 2021. That number is actually 41 MW/h, which could power almost 35,000 homes, not 38,000. ***** At last night’s meeting, the Town of Torrey planning board approved a site plan application for Greenidge…
Read MoreEnvironmentalists Rally Against Greenidge Expansion, State Lawmakers Take Notice
Environmental activists and concerned citizens rallied on Saturday, opposing Greenidge Generation’s expansion plans and gaining the attention of state lawmakers. Greenidge Generation is in the town of Torrey on Seneca Lake. The company operates a gas-fired power plant, mining bitcoin on an industrial scale. Bitcoin mining is energy intensive, and the cheaper the electricity, the…
Read MoreCryptocurrency Mining, An Emerging and Unregulated Industry?
Greenidge Generation LLC is a natural gas power plant that’s mining cryptocurrency on an industrial scale, and Greenidge aims to expand its operations. The last round of government approval needed to give the greenlight to Greenidge’s expansion, is the Torrey Town Planning board. Torrey is a small, rural town in the heart of the Finger…
Read MoreSchuyler County Tables Vote on Cryptocurrency Mining Resolution, Crypto Operations Inquire into Watkins Glen
Cryptocurrency mining has become an issue of ongoing discussion in the Finger Lakes. On Monday night, the Schuyler County Legislature reviewed a resolution asking the DEC to develop regulations around cryptocurrency mining. But, they chose to table the vote until next month’s meeting Legislators said they felt like they needed more time to research cryptocurrency…
Read MoreGreenidge Generation, From Peaker Plant to Mining Bitcoin
Greenidge Generation LLC operates a natural gas power plant near the shore of Seneca Lake, that has evolved into a bitcoin mining operation. Greenidge’s parent company now boasts that it’s the first bitcoin mining operation with it’s own in-house energy supply being publicly traded on the stock market, but they have attracted the scrutiny of…
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