Tag: Greenidge Generation

Greenidge Generation Holdings Inc. and Support.com Inc. said its proposed merger is set to close at 4 p.m. (Tuesday, Sept. 14) Shares of Greenidge’s Class A common stock will begin trading on … more: Greenidge, Support.com merger expected to close today; shares to begin trading on Wednesday

On Friday, September 10, shareholders of Support.com voted to approve a merger with Greenidge Generation, a proof of work cryptocurrency mining facility, that will give the Bitcoin operation a large influx of … more: New York State environment groups issue response to support.com shareholders vote to merge with Bitcoin

The rapid expansion of Greenidge Generation’s Bitcoin mining operation at its Dresden power plant violates state law that requires the reduction of greenhouse gas emissions, the state’s top environmental official said late yesterday. … more: DEC Commissioner Basil Seggos says Greenidge Generation’s bitcoin effort does not comply with New York State climate law

UPDATE (August 27, 2021): Support.com shares hit a high of $59.69 this afternoon, triple its close at $19.70 yesterday (Aug. 26). The market value of the company briefly soared to $1.43 billion, … more: Greenidge’s merger partner Support.com rockets upward after carbon neutral bitcoin mining promise

Following Governor Hochul's inaugural address to the State today, Seneca Lake Guardian issued the following statement: "After tuning into Governor Hochul's address, we appreciate her bold commitments to combatting the Delta variant, … more: Seneca Lake Guardian responds to Kathy Hochul’s inaugural address

There’s new hope for responsible environmental regulation in the Finger Lakes when Kathy Hochul replaces Andrew Cuomo as governor of New York shortly after midnight tonight. Hochul will have a chance to begin enforcing the … more: Can Gov. Hochul make a clean break from Cuomo policies that hurt the Finger Lakes’ environment?

Greenidge Generation Holdings Inc. announced last week that it will be investing profits from its bitcoin mining operation in Dresden, New York to expedite the closure of an existing, forty-year-old coal ash … more: Greenidge announces closure of Lockwood Hills landfill in Dresden

The Seneca Lake Guardian is able to receive a donation from an anonymous donor who is willing to donate a dollar for dollar match, up to $20,000. The organization works to protect … more: Anonymous donor will match each dollar up to $20,000 donated to Seneca Lake Guardian

Greenidge Generation Holdings Inc. has announced plans to launch its second bitcoin mining operation later this year or in early 2022 at a recently shuttered printing plant in Spartanburg, S.C. GGH’s parent company, … more: Greenidge plans new bitcoin operation in recently shuttered South Carolina printing plant that laid off 400 workers

A 30-year old non-profit environmental group that bills itself as the protector of Seneca Lake’s water quality is catching flak for accepting a $15,000 contribution from the state’s largest landfill, which is … more: Elected leaders, environmental activists in Finger Lakes break with one of region’s largest groups

The union that represents about 40 contract electrical workers at Greenidge Generation’s power plant in Dresden last week derailed a bill that would have imposed a statewide moratorium on energy-intensive cryptocurrency mining, … more: Dems in NYS Assembly allowed IBEW to veto cryptocurrency moratorium bill to preserve union jobs at Greenidge

Following a surge in power-hungry Bitcoin mining that set environmentalists scrambling, New York lawmakers have introduced multiple bills regulating cryptocurrencies late this legislative session. Anna Kelles (D-Ithaca), a first-term Assemblymember from the … more: Crypto mining moratorium bill targets big energy users; Renaissance hedge fund set to own stake in Greenidge

Reeling from a round of negative publicity it helped trigger on bitcoin’s heavy environmental footprint, Greenidge Generation Holdings LLC has announced plans to operate “carbon neutral” by June 1. The company said Friday it would … more: Despite Greenidge announcement its going carbon neutral, environmental advocates worry about long-term implications

Greenidge Generation says its bitcoin mining operation is going to be carbon neutral beginning this year. Effective June 1, the company says it will operate an entirely carbon neutral bitcoin mining operation … more: Greenidge says bitcoin mining along Seneca Lake will be carbon neutral by June

The legislation stems from alarm over the prospect that Greenidge Generation’s proposed expansion of Bitcoin operations at its power plant in Dresden could be the harbinger of a wave of power plant … more: Lawmakers consider bill that would impose 3-year state moratorium on bitcoin mining, force environmental impact statement

Years Of Recovery Since Devastating, Historic Flood If not for a global pandemic in 2020 the most-memorable catastrophic event that residents of Lodi might recall is the historic flood of August … more: ‘WE STILL HAVE CONCERNS’: Years later, Lodi supervisor looks back at flood, post-pandemic future

Last week Greenidge Generation published what it says is daily water temperature data from its power generation and data processing center operation between March 1 and April 17 – a critical time during … more: Greenidge releases daily water temperature data for trout spawning season

Creating Your Cryptocurrency Portfolio It seems that these days it’s near impossible to get away from Bitcoin, blockchain technology and cryptocurrencies. Like many out there, if you’re late to the party, … more: Are you working on your cryptocurrency portfolio?

There's going to be a legal battle over the future of the Greenidge Generation bitcoin mining facility along Seneca Lake. The Torrey Town Planning Board gave approve to Greenidge's site … more: Greenidge expansion will likely go to court via Article 78 after planning board gives approval