Posts Tagged ‘Cryptocurrency’
Tompkins County Supports State Moratorium on Cryptocurrency Mining
The Tompkins County Legislature unanimously passed a resolution supporting a state moratorium on Cryptocurrency mining. The moratorium is a part of a bill before the New York state legislature, drafted by Assemblymember Anna Kelles. Cryptocurrency mining can be very energy intensive. Greenidge Generation LLC is a gas-fired power plant on Seneca Lake. They’re currently mining…
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 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…
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