Environmentalists Go to the DEC’s Doorstep, Demand for Regulations on Cryptocurrency Mining

UPDATE: Cuomo Addresses Bitcoin Mining: “There Are Serious Concerns 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 offices, located in Avon, NY. As 2021’s last legislative session nears it’s close on June 10th, ralliers were…

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Environmentalists 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…

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Greenidge 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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