Greenidge
Seneca Lake suffers one of worst HAB outbreaks in recent years last week: Other lakes saw blooms too
An unprecedented number of toxic blooms spread across the Finger Lakes on the “dead calm” afternoon of Wednesday, Oct. 6, in what was easily the most intense outbreak of the season, if not the decade ... more
LETTER TO THE EDITOR: Let’s hear the truth about Greenidge Generation
Currently, the definition and use of the word true or truth is in question. Opposition groups cite wildly different facts or reports as the truth. It has become a national illness, but we have to ... more
Wall Street dumps shares of Greenidge Generation stock ahead of air emissions hearings on ‘carbon neutral’ bitcoin mining
So far, Wall Street isn’t buying Greenidge Generation’s pitch to investors that it’s a “green” Bitcoin miner with a clear path to expand cryptocurrency operations at least ten-fold by 2025. Within its first three weeks ... more
Greenidge, Support.com merger expected to close today; shares to begin trading on Wednesday
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 the Nasdaq Global ... more
New York State environment groups issue response to support.com shareholders vote to merge with Bitcoin
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 funds and make ... more
DEC Commissioner Basil Seggos says Greenidge Generation’s bitcoin effort does not comply with New York State climate law
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. “Greenidge has ... more
Greenidge’s merger partner Support.com rockets upward after carbon neutral bitcoin mining promise
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, compared to $52 ... more
Seneca Lake Guardian responds to Kathy Hochul’s inaugural address
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, providing much needed ... more
Can Gov. Hochul make a clean break from Cuomo policies that hurt the Finger Lakes’ environment?
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 state environmental ... more
Greenidge announces closure of Lockwood Hills landfill in Dresden
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 landfill. They will ... more
Anonymous donor will match each dollar up to $20,000 donated to Seneca Lake Guardian
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 Seneca Lake. Its ... more
Greenidge plans new bitcoin operation in recently shuttered South Carolina printing plant that laid off 400 workers
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, Atlas Holdings, ... more
Elected leaders, environmental activists in Finger Lakes break with one of region’s largest groups
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 located about five ... more
Dems in NYS Assembly allowed IBEW to veto cryptocurrency moratorium bill to preserve union jobs at Greenidge
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, according to the ... more
Groups plan rally at DEC Headquarters over Greenidge Air Permit renewals
Local business owners, residents, and environmental advocates are planning a rally outside of the DEC's Region 8 Headquarters in Avon on Saturday to call on the state agency to reject Greenridge's Title Five Air Permit, ... more
Crypto mining moratorium bill targets big energy users; Renaissance hedge fund set to own stake in 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 Finger Lakes, is ... more
Despite Greenidge announcement its going carbon neutral, environmental advocates worry about long-term implications
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 buy “voluntary ... more
Greenidge says bitcoin mining along Seneca Lake will be carbon neutral by June
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 at its facility ... more
Lawmakers consider bill that would impose 3-year state moratorium on bitcoin mining, force environmental impact statement
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 conversions that would ... more
