Posts Tagged ‘bitcoin’
Greendige Plans to Cap its Coal Ash Landfill and Build a Solar Array On Top
Ariel view of the Lockwood Hills Landfill in Dresden. (Google Maps) ITHACA, NY — Greenidge Generation Holdings Inc. is planning to close it’s forty-year-old coal ash landfill and build a solar array on the site. In 2014, Greenidge acquired the coal ash landfill, known as Lockwood Hills. It’s maintained by a subsidiary to Greenidge, Lockwood…
Read MoreEnvironmentalists Go to the DEC’s Doorstep, Demand for Regulations on Cryptocurrency Mining
Environmentalists rally outside of the DEC’s Avon, NY offices on June 5th, 2021. (Jimmy Jordan/WRFI) UPDATE: Cuomo Addresses Bitcoin Mining: “There Are Serious Concerns” ITHACA, NY — The fight to regulate energy-intensive cryptocurrency mining in New York reached the DEC’s front door on Saturday. Close to two-hundred people rallied outside one the DEC’s regional headquarter…
Read MoreNY State Bills to Regulate Cryptocurrency Mining Have Uncertain Future
SUMMARY Cryptocurrency mining might just make it impossible for New York State to meet it’s climate goals, outlined in the New Your State Climate Leadership and Community Protection Act. There’s a bill in the New York State Legislature calling for a moratorium on cryptocurrency mining, but with the end of this Legislative Session coming up…
Read MoreSchuyler 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 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
Ralliers outside of Greenidge Generation’s Gates on April 17th, 2021. (Jimmy Jordan/WRFI) ITHACA, NY — 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…
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…
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