Tag: Greenidge

DEC needed months to review public comments that ran 100-to-1 against Greenidge’s bitcoin operation
Nearly 4,000 public comments on Greenidge Generation’s bid to renew a state air emissions permit for its Bitcoin mining operation ran nearly 100-to-1 negative last Fall, according to a recent analysis by researchers from Cornell University. The findings shed new light on ... MORE

Researchers will present analysis of nearly 4,000 public comments on Greenidge air permit
On Monday, researchers from Cornell University will present their analysis of 3,919 files containing public comments sent to the Department of Environmental Conservation regarding Greenidge Generation’s air permit renewal. After FOILing for the comments, researchers used text analysis to find that at ... MORE

Closer look at how state regulators punted a major decision on bitcoin mining in the Finger Lakes and New York
Facing a major test on how the state plans to enforce its ambitious 2019 climate change law, state regulators on Thursday delayed for the second time a ruling on an air permit for a Bitcoin mining operation in the Finger Lakes ... MORE

DEC again delays decision on Greenidge permit renewal
The state DEC says no decision will be made on a permit renewal for Greenidge Generation’s cryptocurrency mining operation on Seneca Lake until after the June primary elections. Bloomberg reports both those in the cryptocurrency industry and environmental advocates see a decision ... MORE

Hochul’s DEC gives Greenidge crucial time extension to expand bitcoin mining before it rules on air permit renewal
In a private agreement with Greenidge Generation LLC, Gov. Kathy Hochul’s environmental regulators awarded the company a crucial two-month window to install thousands of new Bitcoin mining rigs at its Dresden power plant before they rule on renewing its long-expired air emissions ... 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