The logo of the cryptocurrency Bitcoin is seen on a symbolic “Bitcoin coin” | Photo by Silas Stein / Picture Alliance via Getty Images
Bitcoin miners in New York state faced a regulatory blow today as the state denied air permits for a gas-fired power plant used to mine Bitcoin. It’s the latest step that New York has taken to crack down on crypto mining as it tries to meet its goals on climate change.
The decision was made for the Greenidge Generating Station in New York’s Finger Lakes region. Bitcoin mining brought new life and renewed controversy to the embattled plant in 2020. That drew outrage from some local residents worried about how the plant could affect fish and tourism by discharging hot water into nearby Seneca Lake. At the state level, Greenidge’s revival has sparked fears that pollution from the energy-intensive process of mining Bitcoin could revive other...
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.