Tag: Greenidge Generation

MANTIUS: Challenging times for Hochul, but DEC’s Greenidge decision could be significant moment
It would be easy for a distracted governor to underestimate the importance of the environmental ruling her Department of Environmental Conservation will make later this week. So easy to issue marching orders to the agency that seem to serve her political interests ... MORE

Hochul could follow fracking precedent in setting crypto mining moratorium in New York
Gov. Kathy Hochul has a clear legal path to establish a moratorium on permits for cryptocurrency mining operations like Greenidge Generation’s plant in Dresden, according to a report issued today by Columbia Law School’s Sabin Center for Climate Change Law. Hochul could simply follow ... MORE

Greenidge Generation anticipates over $3 million in local, state taxes
Yates County-based Greenidge Generation has announced it will pay more than $3 million in taxes for calendar-year 2021. That’s about $2 million higher than the company paid in taxes for 2020, or a 200% increase. Greenidge Generation said the sharp increase in ... MORE

With high expected demand for electricity, Greenidge curtails Dresden cryptocurrency mining
Due to anticipated high demand for electricity because of the arctic temperatures followed by the overnight snowstorm, Greenidge Generation has announced it’s curtailing its cryptocurrency mining operation in Dresden. In a statement, the company said: “Due to high electricity demand resulting from ... MORE

EPA denies Greenidge permit extension to operate coal ash pond
The federal Environmental Protection Agency has denied Greenidge Generation a permit extension to continue operating a coal ash pond left over from when its power plant on Seneca Lake in Dresden burned coal. The pond was under an April 11,2021 deadline to ... MORE

Pressure on DEC to deny permit renewal for Greenidge’s Lockwood Hills Coal Ash Landfill
In a fresh challenge to the state’s piecemeal approach to regulating the environmental risks of Greenidge Generation’s bitcoin mining operation, 10 environmental groups are seeking to block the renewal of a discharge permit for the company’s Lockwood Hills coal ash landfill. The ... MORE

State tentatively agrees to extend and modify ash landfill permit in Torrey
The state has decided tentatively to renew and modify the discharge permit for an ash disposal landfill near the Greenidge Generation plant on Seneca Lake in the Yates County town of Torrey. The Finger Lakes Times reports before a final decision is ... MORE

Yates County Farm Bureau backs Greenidge
Yates County Farm Bureau has come out in favor of Greenidge Generation’s bitcoin mining operation on Seneca Lake. A resolution adopted at the organization’s annual meeting says: “Yates County Farm Bureau strongly supports Greenidge Generation LLC and applauds its significant environmental stewardship, production ... MORE

Environmental groups request injunction against Greenidge
A request for a preliminary injunction has been filed against Greenidge Generation in an effort to halt the planned expansion of their Dresden power plant for cryptocurrency mining. A release from Seneca Lake Guardian and several other environmental groups opposed to the ... MORE

Shares of Greenidge tumble after Sen. Elizabeth Warren asks company’s CEO about Dresden plant’s emissions
Shares of Greenidge Generation Holdings Inc. tumbled 15 percent Friday, the day after Sen. Elizabeth Warren of Massachusetts asked the company to deliver details on the environmental impact of its Bitcoin mining operations. The stock had already been in a tailspin before ... MORE

Bitcoin mining foes urge Hochul, DEC to deny Greenidge new air permit as hydro-powered crypto mining surges
Opponents of Greenidge Generation’s Bitcoin mining operation in Dresden urged Gov. Kathy Hochul’s administration today to deny the facility’s application to renew its air emissions permit and to impose a statewide moratorium on proof-of-work cryptocurrency mining. More than a dozen speakers at ... MORE

Concerned citizens, others gather in Geneva to call for denial of Greenidge Generation air permit
On the final day of DEC public comment for Greenidge Generation’s Title V Air Permit extension, over 5,000 comments were presented in opposition. Citizens, business owners, and elected officials convened in the Finger Lakes and Albany to urge the New York State ... MORE

Republican lawmakers from Finger Lakes unanimously oppose publicly popular constitutional guarantee of clean air and water
State legislators who represent the Finger Lakes split along party lines this year in voting on a bill (S528) that would amend the state Constitution to include a personal right to clean air and water. Republicans unanimously rejected the measure that is broadly popular ... MORE

Critics, supporters of Greenidge bitcoin operation duel at DEC hearing on bid to renew air permits
A decision to grant renewed air permits to the Greenidge Generation power plant in Dresden would “fly in the face of the mission statement” of the state Department of Environmental Conservation and the state’s 2019 climate law, winery owner Phil Davis said ... MORE

Greenidge Generation comment period to DEC extended to November 19
The public comment period on the Greenidge Generation application has been extended. Originally set to expire on October 22, the deadline for written comment to the state Department of Environmental Conservation was extended to November 19. The DEC announced the extra time ... MORE