mining

Dogecoin Mining: Is It Still Worth It in 2024?

Dogecoin Mining: Is It Still Worth It in 2024?

To anyone who has made crypto their life’s work, the allure of the mine runs strong. This process consists of confirming transactions and creating new blocks to a blockchain. With so many cryptocurrencies available, KnowingCoin.com helps its readers navigate the complexities of the digital currency landscape, offering insights and tools...

Is Bitcoin Mining Poisoning Our Lakes? The Greenridge Scandal Explained

Is Bitcoin Mining Poisoning Our Lakes? The Greenridge Scandal Explained

(Insert compelling image here: Juxtapose a beautiful shot of Seneca Lake with a grimmer image of the Greenridge facility. Imagine a two-minute video capturing the beauty of the lake, and interviewing residents worried about their drinking water.Picture this—having to turn on your tap, only to not know if the water...

Bitcoin Mine's Spill Fuels Water Concerns on Seneca Lake

Bitcoin Mine's Spill Fuels Water Concerns on Seneca Lake

Residents around Seneca Lake have been sounding the alarm for their drinking water. Their worries follow an explosion and fire at the Greenridge Generation bitcoin mining facility. The bitcoin mining facility in the former coal power plant. It may be a small facility, but it’s located just outside of Dresden...

Dogecoin Mining Dreams? 7 Red Flags You Can't Ignore First

Dogecoin Mining Dreams? 7 Red Flags You Can't Ignore First

So, you've heard the whispers. Dogecoin, that meme-turned-maybe-serious-crypto, Dogecoin can fund your Bitcoin mining ambitions, earning you up to $5900 a day? Before you make plans to liquidate your 401k and make a mad dash into the crypto gold rush, though… whoa there, partner. Now, I’m not saying that can’t...

Dogecoin Mining Riches? Separating Fact from Fiction (and Hype)

Dogecoin Mining Riches? Separating Fact from Fiction (and Hype)

The Cryptocurrency ecosystem is packed with opportunity! Mining for mega bucks is most certainly one of those exciting prospects. False claims that you can make $5900 a day arbitraging Dogecoin on Bitcoin miners have been all over Tik Tok and social media, luring interested recruits by the thousands. Is it...

Dogecoin Millionaires? Why This Bitcoin Mining Dream Could Be Real

Dogecoin Millionaires? Why This Bitcoin Mining Dream Could Be Real

Then I think of Sarah, a barista at my neighborhood coffee shop. Always hustling, always talking about wanting more. A year ago, she was only buying Dogecoin with her pocket change, chuckling at the memes. Now? She's seriously looking into Bitcoin mining. It's a wild jump, right? From meme currency...

Bitcoin Mining Spill: Is Seneca Lake's Water at Risk?

Bitcoin Mining Spill: Is Seneca Lake's Water at Risk?

An oil spill has recently been reported at the Greenridge Generation bitcoin mining facility on the shores of Seneca Lake. Local residents are concerned about potential drinking water contamination from new industrial activity and are demanding better transparency and regulatory oversight. This incident, coupled with the anniversary of a previously...

Greenidge Bitcoin Mine Sparks Controversy Over Seneca Lake Pollution

Greenidge Bitcoin Mine Sparks Controversy Over Seneca Lake Pollution

Greenidge Generation fossil-fueled Bitcoin mining operation, Yates County, New York. Yet the damage it has caused to Seneca Lake’s environment has become the focus of an extreme controversy. Local residents, environmental advocates and state officials have long trumpeted the operations of the plant as detrimental. Some of these operations even...

Greenidge Mine Fight: What's Next for Yates County?

Greenidge Mine Fight: What's Next for Yates County?

The Greenidge Generation crypto mining facility as seen on July 22, 2021, in Dresden, Yates County, New York. It continues to be at the focus of today’s hot debate. Unfortunately, this facility is currently powered by fracked natural gas. It has drawn fierce criticism for its huge carbon emissions and...

Crypto Mine vs. Climate Law: Can NY Have Both?

Crypto Mine vs. Climate Law: Can NY Have Both?

The battle over the environmental effects of cryptocurrency mining is getting hot. Currently, in New York State, ambitious climate goals are running up against the energy-intensive needs of crypto operations. Greenidge Generation, a gas-fired power plant that has recently pivoted to primarily focus on Bitcoin mining, sits in the middle...